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BCH BTC mining profitability
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Topic: BCH BTC mining profitability (Read 215 times)
BullRider
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BCH BTC mining profitability
November 26, 2017, 01:30:59 PM
#1
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/
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Re: BCH BTC mining profitability
November 26, 2017, 01:32:20 PM
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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.
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Re: BCH BTC mining profitability
November 26, 2017, 01:43:04 PM
#3
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.
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