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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 645718 times)
tekmobile
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December 24, 2017, 12:24:21 AM
 #11941

hello all,
how much money miner make from mining btc vs bch?
pretend lightning networks works well for btc, then miners wont be needed for btc network? bc mostly transactions would be done off main chain?
then most miners will mines other coins, whichever coin that generate more revenue?

This sight should help. https://whattomine.com/asic. Since BCH now retargets every block, profitability is pretty close to parity with BTC these days.

if mining profits similar in Btc and Bch, then why transaction costs much more in btc, yet slower? basically, people paid more in btc transactions than in bch transactions, so where the extra revenue goes to if miners make similar profits?

The miners jump back and forth depending on whats most profitable equalising the rewards
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December 24, 2017, 12:27:21 AM
 #11942

hello all,
how much money miner make from mining btc vs bch?
pretend lightning networks works well for btc, then miners wont be needed for btc network? bc mostly transactions would be done off main chain?
then most miners will mines other coins, whichever coin that generate more revenue?

This sight should help. https://whattomine.com/asic. Since BCH now retargets every block, profitability is pretty close to parity with BTC these days.

if mining profits similar in Btc and Bch, then why transaction costs much more in btc, yet slower? basically, people paid more in btc transactions than in bch transactions, so where the extra revenue goes to if miners make similar profits?

Some people mine to speculate on future performance. Some people mine to accumulate their favorite coin. Some people are just brand loyal. Not everyone mines to dump for fiat, ASAP.

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digiworld1
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December 24, 2017, 12:42:02 AM
 #11943

hello all,
how much money miner make from mining btc vs bch?
pretend lightning networks works well for btc, then miners wont be needed for btc network? bc mostly transactions would be done off main chain?
then most miners will mines other coins, whichever coin that generate more revenue?

This sight should help. https://whattomine.com/asic. Since BCH now retargets every block, profitability is pretty close to parity with BTC these days.

if mining profits similar in Btc and Bch, then why transaction costs much more in btc, yet slower? basically, people paid more in btc transactions than in bch transactions, so where the extra revenue goes to if miners make similar profits?

The miners jump back and forth depending on whats most profitable equalising the rewards

take this 1 step further, for the long shot, 5-10yrs from now, high chance btc and bch still co-exists, btc with LN where as bch with larger blocks, both capable of high transactions speeds, 100,000 or more, probably btc and bch will become mainstream and miners will keep hopping on whats most profitable.


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December 24, 2017, 12:43:05 AM
 #11944

BlockMunch.CLUB has added Bitcoin Cash as a payment option to it's Multi-Pool!  Only 0.25% Fee's!
We are now a Multi-Pool!  We mine the most profitable coin always, and maximize your return!
Choose your payout style.  We pay out in this coin, BTC, LTC, and any coin we currently have listed on the pool!

You can also use your ASIC's in our SHA256, X11, & Scrypt ports and get paid in this coin or BTC!  Just change the algo and the port number in the example belows!

Example Config is Below for Bitcoin Cash Pay:
Code:
-a sha256 -o stratum+tcp://blockmunch.club:3333 -u 1Hui9piipqp4UgwLEk7Apc4S9dCX1uNR7f -p c=BCH

Example Config Below for BTC Pay
Code:
-a sha256 -o stratum+tcp://blockmunch.club:3333 -u 1JFx3fE462vMsTeYkNK5yvdWeg2wpmxvBD -p c=BTC



Example Config Below for LTC Pay
Code:
-a sha256 -o stratum+tcp://blockmunch.club:3333 -u LRgQk63NRnJQ8PBTU8yyHAm5aGfNjzhMZu -p c=LTC
Block Explorer Link:
Code:
blockmunch.club/explorer/BCH

Peer List:
Code:
blockmunch.club/explorer/peers?id=1525

Welcome to the Block Munch Club!


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December 24, 2017, 02:32:16 AM
 #11945

I used to think this was a good coin when the bitcoin dumps but now it's not even resisting anymore dumps, it became an altcoin like any other altcoin, disappointing

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December 24, 2017, 02:36:49 AM
 #11946

Bch does solve the scalability problem that btc is facing right now, especially the fees is ridiculous in btc, hopefully they come out with something soon. But it takes years for btc,ltc, and many others to reach the market cap where they are now. Its crazy how quickly bch, and bitcoin gold, and many other bitcoin baby will reach top market cap so soon, just months.
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December 24, 2017, 03:22:57 AM
 #11947

I think bch has a large capacity so it is very good to make long-term investment and will bring benefits for its adopters and for next year is a fantastic price increase

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December 24, 2017, 03:24:57 AM
 #11948

But for now, it's a loss, disappointing investment and the coinbase thing did nothing

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December 24, 2017, 04:07:56 AM
 #11949

But for now, it's a loss, disappointing investment and the coinbase thing did nothing
You must have bought it at a very high point.
BCH actually did very well during the past week.

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December 24, 2017, 05:37:49 AM
 #11950

But for now, it's a loss, disappointing investment and the coinbase thing did nothing
You must have bought it at a very high point.
BCH actually did very well during the past week.


No i bought at 20, and it's been disappointing despite the news

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ayamark789
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December 24, 2017, 05:45:20 AM
 #11951

Bch does solve the scalability problem that btc is facing right now, especially the fees is ridiculous in btc, hopefully they come out with something soon. But it takes years for btc,ltc, and many others to reach the market cap where they are now. Its crazy how quickly bch, and bitcoin gold, and many other bitcoin baby will reach top market cap so soon, just months.
BCH can grow so fast, in addition to its excellent technical performance, can be everyone's favorite and recognized, in addition, but also because it is fortunate enough to appear in such a good market
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December 24, 2017, 05:58:58 AM
 #11952

The people who laughed at us in 2013 are now buying the wrong Bitcoin. Now they will start to see why. Bitcoin Cash is a global currency not a hodl ponzi. It feels good to see BitcoinCash thrive against the trolls, the shilling and the lies
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December 24, 2017, 06:01:12 AM
 #11953

The people who laughed at us in 2013 are now buying the wrong Bitcoin. Now they will start to see why. Bitcoin Cash is a global currency not a hodl ponzi. It feels good to see BitcoinCash thrive against the trolls, the shilling and the lies
The only thing they have is the name Bitcoin, everything else is gone, such as cheap transactions and fast confirmation times.
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December 24, 2017, 07:11:49 AM
 #11954

The people who laughed at us in 2013 are now buying the wrong Bitcoin. Now they will start to see why. Bitcoin Cash is a global currency not a hodl ponzi. It feels good to see BitcoinCash thrive against the trolls, the shilling and the lies

For now only bitcoin cash feels like the wrong bitcoin, 12k less than the real bitcoin

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December 24, 2017, 11:08:33 AM
Last edit: December 24, 2017, 11:23:01 AM by classicsucks
 #11955

BTC FEES - OH THE HUMANITY


It's a frighteningly parabolic graph even if you don't take into account that the Y axis is US dollars. Since last week BTC lost 35% of it's value, and the chart still keeps going up radically.

Greg Maxwell drinking "champaign" https://pbs.twimg.com/media/DRpcj93VoAASVdC.jpg:large while BTC goes further down the pooper...
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December 24, 2017, 11:27:51 AM
 #11956

The people who laughed at us in 2013 are now buying the wrong Bitcoin. Now they will start to see why. Bitcoin Cash is a global currency not a hodl ponzi. It feels good to see BitcoinCash thrive against the trolls, the shilling and the lies

For now only bitcoin cash feels like the wrong bitcoin, 12k less than the real bitcoin


Bitcoin Cash is the only Coin Supported by the ASICS Miners besides segshit, if it feels wrong feel free to leave instead of spreading your useless propaganda.

Segshitcoin
over 200000 unconfirmed transactions & Average Fee = $ 50

You can have all of segshitcoin.  LOL

Anyone that needs a working crypto currency , could care less what you think.


╥Aztek

By the way:
People that purchased segshitcoin at $20,000 are $6000 in the hole, with no signs of ever making that money back ,
so include that in your segshit propaganda.
a bit like people who bought bcash at .4  what's your point . merry Christmas

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December 24, 2017, 11:55:23 AM
 #11957

Bch does solve the scalability problem that btc is facing right now, especially the fees is ridiculous in btc, hopefully they come out with something soon. But it takes years for btc,ltc, and many others to reach the market cap where they are now. Its crazy how quickly bch, and bitcoin gold, and many other bitcoin baby will reach top market cap so soon, just months.
If you talk that kind of role then LTC or even DGB could do that job with even lower fee.

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December 24, 2017, 12:36:16 PM
 #11958

I think bch has a large capacity so it is very good to make long-term investment and will bring benefits for its adopters and for next year is a fantastic price increase

Bitcoin Cash is one of the most successful bitcoin bifurcations. Its price is up to 2500$, and the investors who eat free candy are really happy. And I think BCC is one of the most potential varieties in 2018 Tongue Roll Eyes
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December 24, 2017, 12:39:06 PM
 #11959

BTC FEES - OH THE HUMANITY


It's a frighteningly parabolic graph even if you don't take into account that the Y axis is US dollars. Since last week BTC lost 35% of it's value, and the chart still keeps going up radically.

Greg Maxwell drinking "champaign" https://pbs.twimg.com/media/DRpcj93VoAASVdC.jpg:large while BTC goes further down the pooper...

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December 24, 2017, 12:40:00 PM
 #11960

I think bch has a large capacity so it is very good to make long-term investment and will bring benefits for its adopters and for next year is a fantastic price increase

Bitcoin Cash is one of the most successful bitcoin bifurcations. Its price is up to 2500$, and the investors who eat free candy are really happy. And I think BCC is one of the most potential varieties in 2018 Tongue Roll Eyes

If  Bitcoin Cash continue their development in terms of as a convenient and fast tool for payments, then undoubtedly the cache can make a breakthrough in 2018

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