The Bitcoin Cash (BCH) Hash Wars Led to Large Indirect Losses

0
 The Bitcoin Cash (BCH) Hash Wars Led to Large Indirect Losses The Bitcoin Cash (BCH) Hash Wars Led to Large Indirect Losses

(BCH) led to significant losses, either direct or indirect, after the chain branched on November 15. The mining wars themselves generated crypto assets which cost much less than the mining costs, according to rough estimates.

The direct mining losses are relatively small:

https://twitter.com/alistairmilne/status/1064986084101316609

Added to this are the still-indefinite losses of the missed opportunities in mining (BTC).

But perhaps the biggest loss was for traders who suddenly saw assets and tickers enter a period of confusion. Before the fork, the most dramatic loss of value happened on OKEx, which decided to terminate futures contracts, and incurred deep …

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave A Reply