As the hashwar wages within the Bitcoin Cash (BCH) community, both sides appear to be escalating into more desperate strategies in order to win…
A warning emerging from Reddit, advises contributors to the mining pool, ‘Bitcoin.com’ that their hashpower will instead be diverted in order to mine BCHABC blocks.
@CobraBitcoin, Co-owner of bitcoin.org, and bitcointalk.org, called the move from Bitcoin.com owner, Roger Ver, “unprecedented”:
Absolute total desperation from @BitcoinCom mining pool and Roger. Using pool hashing power to mine Bitcoin Cash ABC against the wishes of users is unprecedented, it should be opt-in, not forced on customers. Likely Jihan will abuse Antpool in a similar way. Pathetic! pic.twitter.com/wwpNN57yNZ— Cøbra (@CobraBitcoin) November 14, 2018
The post from bitcoin.com openly admits to diverting hashpower to mine BCHABC:
“Your hashrate will temporarily be used to create BCH blocks during this 1 day period” adding that payments will be made “according to the coin you want to mine (BTC, BCH, or auto profit)”.
Regardless of the fact that miners get paid in their desired cryptocurrency, this still doesn’t excuse a move that arbitrarily uses miners hashpower against their will in order to sway what is meant to be a democratic consensus, not to mention the legality of such actions.
This hasn’t gone unnoticed by the community who shot back at Ver and Bitcoin.com:
This move is likely to be followed by other mining pools in a bid to out hash SV:
Hash-wise: People are worried about miners switching to $BCH to fight the battle. This will happen. Roger already announced it, Jihan can't afford to not do it considering the amount of $BCH Bitmain holds.— WhalePanda (@WhalePanda) November 15, 2018
We all know that when hashrate disappears $BTC blocks come slower.
In retaliation to this, Dr. Evil Dr. Craig ‘faketoshi’ Smith, proponent of the opposing side – Bitcoin SV -- threated to pull Bitcoin down to $1000 if more BTC miners switch to BCH:
To all BTC miners...— Dr Craig S Wright (@ProfFaustus) November 14, 2018
If you switch to mine BCH, we may need to fund this with BTC, if we do, we sell for USD and, well... we think BTC market has no room... it tanks.
Think about it. We will sell A Lot!
And, have a nice day
(BTC to 1000 does not phase me) pic.twitter.com/oUScEahtWc
The whole point of a decentralized system is to aid a fair and trusted consensus, tactics such as this seriously hinder that goal. This is a fight for control, and therefore a fight for centralized power, regardless of who’s right or wrong, everyone loses.
Read more: Craig Wright threatens to send Bitcoin price down to $1,000, while BTC dumps; The Bitcoin Cash civil war: Chain split or consensus?;
BCH's unprecedented hard fork is heating up. What will happen on Thursday?