The Battle Continues Between Bitcoin and Bitcoin Cash

in #bitcoin • 7 years ago

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As a result of this 60% reduction in difficulty, the cryptocurrency temporarily became more profitable than Bitcoin to mine. Bitcoin Cash, for a time.
Because of the huge surge in hash power and the low difficulty, Bitcoin Cash’s network produced the requisite 2016 blocks very quickly, and now another difficulty adjustment has occurred. Bitcoin Cash is now much harder to mine and is less profitable than mining Bitcoin. Miners have now abandoned Bitcoin Cash in droves, causing block times on the network to exceed six hours.
Best of luck

#bitcoincash #knowledge #market #business
7 years ago in #bitcoin by
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     7 years ago 

    Thanks for sharing!!! Here is a gif that I made for the Segwit countdown, I hope you enjoy!... https://steemit.com/bitcoin/@cryptophasia/segwit-is-activate

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     7 years ago 

    Annnddd now bitcoin Cash is more profitable to mine again. That didn't take long, did it?

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     7 years ago 

    "The Battle Continues Between Bitcoin and Bitcoin Cash". The battle was already decided before it ever began...

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