Bitcoin cash in danger of 51% attack ?

in #bitcoin7 years ago

Bitcoin Cash


After the 1 August hard fork Bitcoin Cash emerged. Except for a few technical differences, it is just another Bitcoin.
Bitcoin Cash uses the same mining hardware, and this might be a problem.
The hardware is already in place and mining for the old Bitcoin, the one before the fork.

And I am talking about A LOT of hardware A LOT of mining power.

If Bitcoin Cash mining hashrate drops, as miners switch to BTC for profitability because of the low price,...a big pool switching all hashrate to Bitcoin Cash can gain 51% of the Bitcoin Cash hashrate. That makes it vulnerable to a 51% attack. As I said, the hardware is already in place and running for BTC.

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I did not trust this coin with the first news about btc cash.