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Total Economy: 0.03 USD
What, again, is the prevailing (realistic) theory of Binance mining BSV? Is it just following the money short-term, agnostic of strategic direction... or is there legitimate thought as gaining influence in the chain's direction or nefarious action to HODL a bit before listing on the exchange? What's the less bullish case (for BSV) on why they are clearing 13% of the blocks...?
musiq tipped:
0.01 USD
1 year ago
I think it's simple. The algorithms dictate it is more profitable at given times due to the DAA, so they can't help it. They must mine it. CZ stated as much.
benjamin tipped:
0.01 USD
1 year ago
I'm pretty sure it has nothing to do with gaining influence in BSV. If that were the case, they would be doing all the things other BSV exclusive miners are doing, like implementing miner APIs. In fact they wouldn't even need to mine that many blocks if influence was what they were going for. But maybe there's more to this, hope someone more knowledgeable chimes in.
benjamin tipped:
0.01 USD
1 year ago