Bitcoin cash needs miners BCH

[ry0t]

Its simply astonishing at how little understading there is when it comes to Bitcoin or Cryptos in general.

It seems most people here are just for a quick buck rather than understanding how the network functions.

It's people like you with your nose in the air that I avoid in life. A quick buck huh? You own an illegal online casino. Are you kidding me? Take your attitude someone else. Not everyone was blessed to be as intelligent as you. I hope that you will stay out of my threads the next time because I just saw you come into my other thread too. Keep your negativity away from me. It would of been a whole lot easier of you to explain things if you would of cared to share your knowledge. But it looks like you're in here to spam your god aweful casino link. Do not come into my threads anymore you creep.

[adaseb]

Its simply astonishing at how little understading there is when it comes to Bitcoin or Cryptos in general.

It seems most people here are just for a quick buck rather than understanding how the network functions.

It's people like you with your nose in the air that I avoid in life. A quick buck huh? You own an illegal online casino. Are you kidding me? Take your attitude someone else. Not everyone was blessed to be as intelligent as you. I hope that you will stay out of my threads the next time because I just saw you come into my other thread too. Keep your negativity away from me. It would of been a whole lot easier of you to explain things if you would of cared to share your knowledge. But it looks like you're in here to spam your god aweful casino link. Do not come into my threads anymore you creep.

I'm not talking about you in general.

I read these threads about people overinvesting in GTX 1070/1080 GPUs and then later on realizing that there is something called "Difficulty" and complaining about profits.

They want money now, without realizing how the network works in general.

[joblo]

BCH is doomed. It was al all-in bet on replacing BTC and it failed to get a critical mass of mining power.
The hash rate on BCH needed to be high enough to compensate for the high diff to keep miners
interested. Why mine BCH and get 15% of what you can get mining BTC with the same amount of hash?
It's only a matter of time now.

[jmigdlc99]

the only thing for sure is that a lot of exchanges stole a lot of BCH from accounts.

This. Bit off topic but yeah its easy to see that the quality of the exchange by their decision to distribute BCH. Its technically easy AF. *ehem POLONIEX fing cheaters ehem*

[JaredKaragen]

BCC has quite a different diff retarget scheme than BTC has.

Just give it a little time, and see the diff plummet to an acceptable level.


Now;  people with massive farms and turning hashrate on and off;  this will do strange things in a little while.

Time will tell.

[Tmdz]

Dude it cost on average $5000 per block to mine at current difficulty at .05 cent kw/h, so think about what you are asking.

Be thankful ANY blocks are being found and just wait it out, difficulty will reduce over the next couple blocks.

[adaseb]

If you guys look at

https://jochen-hoenicke.de/queue/uahf/#24h

It seems somebody switches miners from time to time between BTC and BCC, because its stuck for hours and then suddently 2 blocks are found right away.

Regarding the difficulty it should go down 20% soon. They made an adjustment to the algo.

https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e

Discusses it and seems that block 77 will have a reduced difficulty.


Until then, its wasting money mining it... right now the people mining it are basically donating their hashpower.


There is also  this website

http://bch.xbt.it/

[Thetaj]

I'm not even gonna try to point any miners to BCH. If any other miners want to, feel free. I'll only consider it if it makes a profit.

If you hash BCH right now, you're not only LOSING profit, you're also losing money on electricity bills.


I'll let ViaBTC do that since they are so adamant on it.