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08:30 < yanmaani> So what happened to Bitcoin Cash? Looks like they had a few hours of almost no blocks, then they started again. Altruist miners?
08:36 < kanzure> wrong channel
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08:37 < yanmaani> No, right channel. Mining incentives and such are on-topic, no?
08:41 < kanzure> in this case it's a bit of a stretch; don't we have #bitcoin-forks for fork news?
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08:43 < yanmaani> No, I don't care about the impact on the forks too much. The matter at hand is what it does to Bitcoin mining post-halving.
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08:44 < yanmaani> And with Bitcoin Cash/SV, things went well only because of the weird diff adjustments
08:46 < adlai> yanmaani, http[s]://fork.lol
08:46 < adlai> there are multiminers who do not care about politics, only how large a bank transfer they can make at the end of the week/month/etc
08:47 < adlai> the effect of a bitcoin reward halving is to precisely double one of the factors in a formula that decides what the apolitical miners' work allocators send to the pipelines. that is all.
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09:07 < yanmaani> adlai: Right, but do you see the theoretical problem?
09:07 < yanmaani> If mining is too improfitable, nobody will do it. Then, difficulty won't adjust. Then, it won't be profitable.
09:11 < adlai> how long has it been since your last confirmation?
09:12 < adlai> my personal opinion is that the existence of a vibrant market for keeping the excess sha256d pipelines above room temperature is a good thing, although opinions vary and i am no expert.
09:14 < adlai> in other words, i consider "unforkable bitcoin in a vacuum" less secure than "bitcoin, that has been forked, and has not yet killed all the forks via double-spend attacks"
09:14 < adlai> the proof does not fit within the flood limits of this IRC network.
09:15 < bswartz> adlai: That's what pastebin is for
09:16 < adlai> brb, getting doctorate in mathematics
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--- Log closed Thu Apr 09 00:00:48 2020