Messari analyst: If miners end up migrating to ETC, hashrate will jump

08/01 15:50

Dunleavy, the Sr. research analyst of Messari, tweeted that looking at fundamental metrics, nothing has changed about ETC chain. Volumes and users have been largely unchanged for years. Applications are non-existent. Developer activity has not meaningful changed. 97% of GPU mining rev comes from ETH. 2% comes from ETC. He said that if miners end up migrating to ETC, hashrate will jump causing the mining diff to jump, pushing a maj of miners out of the US dollor. The only way to remain profitable is if ETC price jumps.
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