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Bitcoin SV

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Total Economy: 0.02 USD
mephisto (r3141@moneybutton.com)
11 months ago
it looks like Hathor MM is trying to "attack" bitcoin by mining empty blocks: https://sv.coin.dance/blocks
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token_squatting tipped:
0.02 USD
11 months ago
max
11 months ago
Mining empty blocks is fine but not sustainable.
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dimadan
11 months ago
That is not an attack, that is more like maximizing profit / work ratio. Block subsidy is still way more than fee collection, so they're just after 6.25 BSV subsidy. It's kinda okay for now. transaction fees are picked up by the miner who mines the next block. This strategy won't work in the long run, but it's okay for now.
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token_squatting replied:
They're attacking themselves! lol
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11 months ago
mephisto replied:
If it is not an attack why they don't do the same thing on the BCH blockchain?
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11 months ago
dimadan replied:
HathorMM did the same on BCH chain, and was accused of mining empty blocks on BCH chain a few weeks ago. https://www.reddit.com/r/btc/comments/j97ywp/hathormm_hathor_merge_mining_cause_of_empty_bch/
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11 months ago
mephisto replied:
I see thanks. One more reason to support transactions fees over block reward as a sustainable model.
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11 months ago
shadders replied:
They are simply gunshy of orphan risk. We are reaching out to all hathor merge miners to help them learn how to use bsv optimally... Will take a bit of time...
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11 months ago
max tipped:
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11 months ago
mephisto replied:
That's great. At scale though, doing what they are doing will leave a lot of money on the table. The "scale solves every problem" slogan is powerful. Keep up the good work, it is an extremely good fight.
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11 months ago
max tipped:
0.01 USD
11 months ago
mephisto replied:
@shadders are you sure? They are mining at a loss (it is 30% less profitable to mine on BSV now) and still deliberately including only one transaction per block. It may be harmless but it looks malevolent.
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11 months ago
mephisto replied:
Maybe they are trying to push other miners out of BSV to a point where their harmless empty blocks become a problem. If they are the only ones willing to burn money this way they may achieve something.
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11 months ago