BCC more profitable to mine

[john2231]

I was surprise that the bitcoin cash was increasing today i thought more people will dump it and ignore the new coin.. and stay use bitcoin instead..
Well if you can mine with antminers  i think you can make more profit to mine altcoin since the difficulty is low but right now for those who are miining bcc fast few weeks when the price is low they already making large profit today..

[manchester93]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.

https://cash.coin.dance/blocks

Well, that escalates things. I expected that price would hold through the dumping. It did, and now we're seeing the tables turn for BCH/BTC. Now that mining is sustainable (actually profitable), Bitmain has an excuse to start pulling its hashpower away from BTC and towards BCH. Then we can get a real FUD party going!

[shield132]

To my mind 2% for simple miners doesn't make any big sense but for very serious miners it's a little good job.
It's still hard to say which one will be much profitable because bitcoin's price rised so much, maybe it will continue, maybe it will stop (I think stop). Someone can think that it's time for BCC to be over BTC.

[machinek20]

It is easier to mine alt coin, but the profit is arguable, but since bcc price is being pumped then the miner feel that they earned more profit, however the price is not stable, so it is more risky to mine alt coin, and if this situation is true then we will see another episode of bitcoincash vs bitcoin

[pinkpanther03]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.
https://cash.coin.dance/blocks

And I am hoping that there would be more miners who will shift their focus on BitCoinCash (BCH). BCH will have a place in the sea of so many alternative coins. In fact, its value is right now going up. I am sure there are many people who are happy to know of this latest development. I am not a miner though and I am not planning to be one since it can be expensive to invest in mining equipment.

Investing in mining equipment is really expensive and it should be place it in a cold area. However, I doubt that there would be more miners will their focus on bitcoin cash. Most miners supporters are majority on bitcoin, And I think they won't allow it to be happen. Though I am planning to buy mining equipment or mining rig someday but never on bitcoin cash ever.

[fullhdpixel]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.
https://cash.coin.dance/blocks

And I am hoping that there would be more miners who will shift their focus on BitCoinCash (BCH). BCH will have a place in the sea of so many alternative coins. In fact, its value is right now going up. I am sure there are many people who are happy to know of this latest development. I am not a miner though and I am not planning to be one since it can be expensive to invest in mining equipment.

Investing in mining equipment is really expensive and it should be place it in a cold area. However, I doubt that there would be more miners will their focus on bitcoin cash. Most miners supporters are majority on bitcoin, And I think they won't allow it to be happen. Though I am planning to buy mining equipment or mining rig someday but never on bitcoin cash ever.

Yes, that would be really risky if you buy mining rig for bitcoin cash. We have already experienced the great dumps with this coin. It does not have guts to challenge bitcoins in any way. They are the real heroes of the crypto market and these kiddo coins can’t do them any harm.

[deadsilent]

That's sucks. That's why we see a lot of transactions not confirmed because of the greedy miners who just switch to bitcoin cash. 2% is still low. What will happen to bitcoin if all miners goes to bitcoin cash? This is disaster to bitmain. If this continues, Bitcoin cash will take over and bitmain will be a trash. I don't think Segwit really helps. Bitcoin fee still high and slow. Bad sign for Bitcoin. I will just wait for next upgrade. Hope this fix the problem.

[Koadharber]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.
https://cash.coin.dance/blocks

And I am hoping that there would be more miners who will shift their focus on BitCoinCash (BCH). BCH will have a place in the sea of so many alternative coins. In fact, its value is right now going up. I am sure there are many people who are happy to know of this latest development. I am not a miner though and I am not planning to be one since it can be expensive to invest in mining equipment.

Investing in mining equipment is really expensive and it should be place it in a cold area. However, I doubt that there would be more miners will their focus on bitcoin cash. Most miners supporters are majority on bitcoin, And I think they won't allow it to be happen. Though I am planning to buy mining equipment or mining rig someday but never on bitcoin cash ever.

Yes, that would be really risky if you buy mining rig for bitcoin cash. We have already experienced the great dumps with this coin. It does not have guts to challenge bitcoins in any way. They are the real heroes of the crypto market and these kiddo coins can’t do them any harm.

Its really hard to play asic miners just for mining BCH and even if i do have the money to buy on i would not risk to waste off my money just to mine bch and i agree on what you have said its really risky since the price could easily crash anytime. It might give benefit on some miners but im sure it would be only on temporary basis.

[2double0]

That's sucks. That's why we see a lot of transactions not confirmed because of the greedy miners who just switch to bitcoin cash. 2% is still low. What will happen to bitcoin if all miners goes to bitcoin cash? This is disaster to bitmain. If this continues, Bitcoin cash will take over and bitmain will be a trash. I don't think Segwit really helps. Bitcoin fee still high and slow. Bad sign for Bitcoin. I will just wait for next upgrade. Hope this fix the problem.

Wait, it's their choice to mine Bitcoins or any other currencies based on their convenience so who are you or me to say that they are greedy?
2% is history and it will become more profitable once everything settles down for BCH in terms of difficulty and maybe more miners switch to it.
Don't you think that it's also good for Bitcoins because if BCH may get more miners, BTC will get its difficulty adjusted and the remaining miners who will be minnig BTC itself will see more profits in USD than switching to BCH. Either way they are in profits.

[webtricks]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.

https://cash.coin.dance/blocks

Soo??
There are several other cryptocurrencies which are more profitable to mine for small miners. Bitcoin mining profit is almost impossible for small miners, it is limited to giants.
But all this ain't gonna make BCC better than BTC. Stop making such stupid comparison and accept BCC as altcoin.

[krisnt80]

If i have an asic i would be doing the same as others take advantage of the moment and mine some bch and dump, besides those i dont see any valid reason to remain over it. Bitcoin has been damaged a bit due to big fees over transactions, something that now segwit should take care and handle at once those.

[Biggapp]

If i have an asic i would be doing the same as others take advantage of the moment and mine some bch and dump, besides those i dont see any valid reason to remain over it. Bitcoin has been damaged a bit due to big fees over transactions, something that now segwit should take care and handle at once those.

nice elaboration mates you made such a good prediction about bitcoin and it is not a bad thing though people thought that it will bring spit at the core of the bitcoin but at the end we will see that the bitcoin core is the world best currency as it is today and it will be tomorrow. The rates of the bcc will consistent I intent to be mine because the profit is very high for me.

[deisik]

That's sucks. That's why we see a lot of transactions not confirmed because of the greedy miners who just switch to bitcoin cash. 2% is still low. What will happen to bitcoin if all miners goes to bitcoin cash? This is disaster to bitmain. If this continues, Bitcoin cash will take over and bitmain will be a trash. I don't think Segwit really helps. Bitcoin fee still high and slow. Bad sign for Bitcoin. I will just wait for next upgrade. Hope this fix the problem

Well, I'm curious if anyone really expected that SegWit would help somehow

It was obvious from day 0 that miners were not going to lose a cent of profits that they had managed to procure back in the day. It was a question of how rather than a question of if. And now it is clear how they have done that. The did that by inventing Bitcoin Cash, a mining difficulty manipulation machine. So if you want your transactions confirmed in time (more or less) without paying eerie fees, you should wait till the majority of miners switch from mining Bitcoin Cash to mining the regular Bitcoin again. Otherwise, you are on your own with insanely high fees

[darkangel11]

No worries, the price of BCC is slowly going down. It won't be long before it's no longer profitable and people go back to BTC or switch to some other alts. BCC is not doing that bad in terms of price, especially compared with other altcoins, but it's still far below the expectations of its makers and early investors. I still think it's a failure, but time will tell.

[d1ceplayer]

If i have an asic i would be doing the same as others take advantage of the moment and mine some bch and dump, besides those i dont see any valid reason to remain over it. Bitcoin has been damaged a bit due to big fees over transactions, something that now segwit should take care and handle at once those.

Yes, some traders had serious problems with high transaction fees but now it seems everything has settled down. Bitcoins are though safest and fastest way of transacting money overseas but for maintaining the popularity of bitcoins, the fee should be within range of majority of the traders.

[tittensor]

If i have an asic i would be doing the same as others take advantage of the moment and mine some bch and dump, besides those i dont see any valid reason to remain over it. Bitcoin has been damaged a bit due to big fees over transactions, something that now segwit should take care and handle at once those.

Yes, some traders had serious problems with high transaction fees but now it seems everything has settled down. Bitcoins are though safest and fastest way of transacting money overseas but for maintaining the popularity of bitcoins, the fee should be within range of majority of the traders.

Nope, the problems about high fees of Bitcoin still do not solve, I do not know the reason after SegWit active until today, the fees of Bitcoin just increase everyday and have not signal stop this monetum. If Bitcoin still increase fees, I believe altcoin will next choice for people want transfer money in blockchain system.

[Seansky]

Yes, some traders had serious problems with high transaction fees but now it seems everything has settled down. Bitcoins are though safest and fastest way of transacting money overseas but for maintaining the popularity of bitcoins, the fee should be within range of majority of the traders.

Although that is the case, some miners switch to bcc because it is more profitable. Therefore, btc would just get slow transactions unless miners begin to switch back to mining btc again. That being said, the only solution was to wait for miners to come back before we even see bitcoin fees getting cheap again. I dont want btc to get increased fees anymore everyday because this will be not good for it in the long run.

[Sengoko]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.

https://cash.coin.dance/blocks

I think that fact has been the one making more and more people to switch over to mining bitcoin cash, making more and more transactions on bitcoin core left unconfirmed on the network, leaving transactions on the network to be slow in confirming.

[BitcoinCommodor]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.

https://cash.coin.dance/blocks

That is probably why more people or should I say miners prefer to mine bitcoin cash over bitcoin leaving many transactions unconfirmed on the network, now even urgent transactions cannot meet up because it would get confirmed late.

[Smarty14392]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.

https://cash.coin.dance/blocks

That is probably why more people or should I say miners prefer to mine bitcoin cash over bitcoin leaving many transactions unconfirmed on the network, now even urgent transactions cannot meet up because it would get confirmed late.

Very right! I think there is no hard and fast rule to decide this thing that which one out of BCC and mining is best and recommended. I think both are very much good at their own places and it is no one else but only you who has to decide this thing that which option you have to choose out of both.