Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: BullRider on November 26, 2017, 01:30:59 PM



Title: BCH BTC mining profitability
Post by: BullRider on November 26, 2017, 01:30:59 PM
At fork.lol it's currently saying it's 1.04 more profitable to mine BCH than BTC.

How can this be when BTC is 6 times the price of BCH. Does this mean BCH miners will be producing blocks about 6 times faster than on the BTC chain?

https://fork.lol/


Title: Re: BCH BTC mining profitability
Post by: Quickfant on November 26, 2017, 01:32:20 PM
It would be more profitable due to it being a new alt coin which has a much less difficulty rating which means that people can mine more with lesser equipment. Bitcoin requires a rather large investment to start mining.


Title: Re: BCH BTC mining profitability
Post by: vv181 on November 26, 2017, 01:43:04 PM
I think the emergency difficulty adjustment(EDA) that bitcoin cash had has a role in it. It allows Bitcoin Cash to sustain by adjusting difficulty downward if it has only a small proportion of the hash rate. In my opinion, Bitcoin cash makes bitcoin flawed since it created its allow miners to flip-flop between any coin, so it makes a detain to bitcoin development.