Bitcoin cash takes 30% of miners from Bitcoin. Processing slows to crawl

[sil2222]

Bitcoin confirmations have slowed to a crawl since last week. Transactions on Bitcoin network are taking sometimes as much as 9 hours to process.


https://www.coindesk.com/bitcoin-cash-wins-mining-power-price-falls-back-600/

[jimlite]

For now. Diff adjusting soon and will flip back

[italianMiner72]

Bitcoin confirmations have slowed to a crawl since last week. Transactions on Bitcoin network are taking sometimes as much as 9 hours to process.


https://www.coindesk.com/bitcoin-cash-wins-mining-power-price-falls-back-600/

i can confirm that.
I'm using Bitcoin ABC wallet.
Since last week, i get slower transactions and a really slow slow slow syncing!
my wallet version is 0.14.6.0  and i have 6 peers.
but i heve 3 peers banned too :-O

[jootjejodel]

I already put some ETH, BTC into this and was wondering what else was out there.

[WhaleHunter]

It looks like the BTC-BCC civil war is not over yet, after all. Interesting times...

[oisilener1982]

More miners going to BCH will result in more hashrates therefore increasing difficulty

Increased difficulty means reduced profit for BCH while BTC will have lower difficulty

They will return to mining BTC once it is more profitable

The Cycle continues

[Hypercube]

This website http://fork.lol/blocks/time is pretty interesting to get insights of the current situation, which seems a bit crazy to me.

If you want youre ICO to succeed you need good traffic i would advice you to take a look at this topic: https://bitcointalk.org/index.php?topic=2109339
They sell a really high quality off traffic!

https://bitcointalk.org/index.php?topic=2109339

How is that related to the BCC hashrate? I believe you are on the wrong thread

[italianMiner72]

It looks like the BTC-BCC civil war is not over yet, after all. Interesting times...

i think a better situation reading, it could be taken with the next Bitcoin cash difficulty adjustment.
if it rise a lot, could be more profittable, to came back to bitcoin mining...
we stay tuned to check the evolution

[ranreichman]

This was expected due to the retargeting in Bitcoin Cash. It will change over time. Generally all currencies should be more or less the same in the value of mining, otherwise miners move and difficulty goes up.