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Title: When will be the next block for BCH? Post by: surix on August 02, 2017, 03:28:19 PM Last block was mined 12 hours ago.
http://blockdozer.com/insight/blocks Without new blocks, nobody can deposit BCC to exchange (to benefit the high rate at this moment). Question is, when will be the next block? Past 24hours 12blocked were mined, so it should be around 2 hours per block, right? What is the hashing power at this moment? Title: Re: When will be the next block for BCH? Post by: bathrobehero on August 02, 2017, 10:23:46 PM The difficulty will decrease 20% per block if the rules are met. Here's a projection:
https://cdn-images-1.medium.com/max/800/1*FVHk2P_dOJrAyZlbVYUNxA.png Source: https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e Title: Re: When will be the next block for BCH? Post by: Iris Linus on August 02, 2017, 10:24:47 PM bathrobehero,
Legendary, could you please explain what this means for the average user like me can I still send BCH to an exchange to sell for BTC or is it over already? ty Title: Re: When will be the next block for BCH? Post by: thompshma on August 02, 2017, 10:34:12 PM I have heard miners area already abandoning ship.
I have a feeling BCC may never leave the exchanges due to slow block time. Title: Re: When will be the next block for BCH? Post by: bathrobehero on August 02, 2017, 10:50:47 PM bathrobehero, Legendary, could you please explain what this means for the average user like me can I still send BCH to an exchange to sell for BTC or is it over already? ty You will be able to sell once the network starts moving. As the difficulty will decrease in the adjucted blocks, eventually blocks will be found at the same rate as Bitcoin (even if not many people would mine it) so exchanges will accept deposits and withdrawals. Title: Re: When will be the next block for BCH? Post by: richsoon on August 02, 2017, 10:53:25 PM bathrobehero, Legendary, could you please explain what this means for the average user like me can I still send BCH to an exchange to sell for BTC or is it over already? ty You will be able to sell once the network starts moving. As the difficulty will decrease in the adjucted blocks, eventually blocks will be found at the same rate as Bitcoin (even if not many people would mine it) so exchanges will accept deposits and withdrawals. Once the difficulty adjusts you will be able to send but I think exchanges will always require an extremely high number of confirmations due to the low hash rate making any major bitcoin mining pool able to perform a 51% attack if they wanted to. |
