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Miners Are Leaving Money on the Table to Mine Bitcoin Cash: This Could Explain Why

The Bitcoin Cash (Bcash or BCH) mining saga continues.Last week, Bitcoin Magazine reported how — assuming all miners would act in their short-term self-interest — Bcash could potentially have its blockchain freeze in its tracks. Then, last weekend, the Bcash mining saga further developed, as some miners periodically triggered an emergency difficulty adjustment, leading to extreme swings in has

Bitcoin Cash Network Turns One Month Old and Continues to Move Forward

Blockchain The bitcoin fork on August 1, which produced the cryptocurrency and network Bitcoin Cash (BCH), turns one month old today Friday. The digital currency’s market value is lower than last week and the network’s hashrate has dropped considerably, as it is currently more profitable to mine the legacy chain.Also Read: Now Bitcore

Bitcoin Cash Network Turns One Month Old and Continues to Move Forward

Blockchain The bitcoin fork on August 1, which produced the cryptocurrency and network Bitcoin Cash (BCH), turns one month old today Friday. The digital currency’s market value is lower than last week and the network’s hashrate has dropped considerably, as it is currently more profitable to mine the legacy chain.Also Read: Now Bitcore

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Bitcoin Cash Mining Ecosystem Looks More Diversified Compared to a Week ago

It is always an interesting idea to check up on Bitcoin Cash now and then. A few days ago, mining profitability switched back in favor of Bitcoin Core. It now appears the situation has changed yet again. Mining BCH is 10% more profitable compared to the legacy chain. Not a major difference, but it may sway a few miners to switch over. It also appears more pools are actively mining Bitcoin Cash blo

Bitcoin Cash Becomes the Longest Chain As Miners Toggle Between Profits

News The Bitcoin Cash (BCH) network is almost a month old and seemingly growing stronger as the days continue. As of August 22, the BCH chain is longer than BTC’s blockchain by 959 blocks, while also capturing the most hashrate that day for a short period of time.Also read: SEC Suspends Trading of Bitcoin Firm’s Shares After 7000% Pric

Bitcoin Cash Becomes the Longest Chain As Miners Toggle Between Profits

News The Bitcoin Cash (BCH) network is almost a month old and seemingly growing stronger as the days continue. As of August 22, the BCH chain is longer than BTC’s blockchain by 959 blocks, while also capturing the most hashrate that day for a short period of time.Also read: SEC Suspends Trading of Bitcoin Firm’s Shares After 7000% Pric

Bitcoin Cash Now Commands Over 20% of BTC’s Total Hashrate

Mining On August 21 the Bitcoin Cash (BCH) network got a lot more active as the large mining pool Antpool has pointed some of its hashrate towards the BCH chain. According to data, the forked chain’s hashpower has spiked exponentially, and BCH hashpower is roughly a quarter (approx. 2 exahash) of the BTC hashrate at the time of writing.A

Bitcoin Cash Mining Difficulty Drops Significantly – Speeding Up The Chain

Technology On Sunday, August 20, the Bitcoin Cash (BCH) network dropped its mining difficulty another notch down to 7 percent of BTC’s difficulty, on block 479808. Since then another mining pool has joined in on processing blocks on the BCH chain as the mining pool BTC.com has found its first block on the network.Also read: World’s Lar

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