bitcoin cash mining profitable

option is to either turn off the unit or mine something else. Still, supporters are hopeful that bitcoin cash can reach an equilibrium at which more miners might have an economic motivation to make a switch. Is mining btc or bch better?

Is it more profitable to mine, bitcoin, cash than, bitcoin?

bitcoin cash mining profitable

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That decision is sometimes enforced by mining pools as well, with or without the users knowledge. CryptoCompare provides a comprehensive list of the whole cryptocurrency contract market, in a bid to help users understand whether the contract is a good deal or not. Its a gamble, Airbitzs Morgan said, arguing the price of bitcoin cash could just as likely go down, since many users still intend to sell off the coins they received simply by being bitcoin owners during the fork. Bitcoin Unlimited chief scientist Peter Rizun highlighted another potential scenario: Mining bitcoin cash blocks could be more profitable to mine than bitcoin during short periods that have to do with its difficulty algorithm, contingent on its price increasing. While it is still possible to make a profit through the mining process, every future miner should try and forex opening prices calculate how much they can earn, and if the profit can cover the expenses. In the Bitcoin Cash network, the reward currently stands.5 BCH per block all the transaction fees within said block. At its current price, and with the difficulty adjusting downward by about 60, some believe bitcoin cash could then eclipse bitcoin, becoming more profitable to mine than the latter. To begin, there are currently only a few mining operations, the largest an unknown actor (or pool of actors) controlling roughly 90 percent of the hash power on bitcoin cash.

What's Next for, bitcoin, cash? Making Profitless, mining, profitable

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