Why BCH and BSV Are So Fragile

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In this video, I examine the relative network hash rates of BTC, BCH, and BSV, in order to determine which network provides the most robust security.

I conclude that the Bitcoin (BTC) network offers much higher security against empty block attacks and other 51% attacks than either BCH or BSV does.

This is because the same mining rigs (SHA-256 ASICs) can be used to mine BTC, BCH, or BSV. BTC miners can divert just a tiny percentage of their hash rate (0.50%) to permanently disrupt the other two networks.

This is one reason that you never want to own the second or third best crypto that is secured by the same proof of work algorithm. This leaves your chain open to attacks by machines that are mining the highest hash rate network.

It's no surprise that BSV has already been a victim of multiple 51% attacks.

BCH and BSV continue to be failed forks and failed projects that are gradually trending to zero against BTC.

Not investment advice! Consult a financial advisor.

SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator

BSV network hash rate:
https://miningpoolstats.stream/bitcoinsv

BCH network hash rate:
https://miningpoolstats.stream/bitcoincash

BTC network hash rate:
https://miningpoolstats.stream/bitcoin

Hashpower converter calculator:
https://coinguides.org/hashpower-converter-calculator/

BSV hit by three 51% attacks:
https://cointelegraph.com/news/bitcoin-sv-rocked-by-three-51-attacks-in-as-many-months

Empty block attack hits BSV:
https://news.bitcoin.com/an-unknown-miner-commands-more-than-51-of-bsvs-hashpower-consecutive-strings-of-empty-blocks-makes-chain-unreliable/

Bitcoin BSV Association likes to rely on the legal system:
https://bitcoinassociation.net/statement-on-empty-block-miner/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#bch
#bsv

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