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Ethereum Mining, profitability, calculator

And miners seem to be responding, as a lot of mining hash power seems to have left bitcoin cash and moved to bitcoin. Find out what your expected ETH and

And miners seem to be responding, as a lot of mining hash power seems to have left bitcoin cash and moved to bitcoin. Find out what your expected ETH and USD return is depending on your hash rate, power consumption and electricity cost. With the new push, bitcoin cash miners are making around 2 more mining on bitcoin than they do on bitcoin cash. As of this writing, BCH has about 26 compared to BTC's 74, according to data from fork. However, even with this threshold met, not all things are equal on both chains. Bitcoin cash's difficulty has adjusted since it first broke off Tuesday, so miners are now having an easier time finding blocks. Find out if it s profitable to mine. Bitcoin mining card image via Shutterstock, the leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. The rising price is also creating the incentive for miners to dedicate computing power to the bitcoin cash blockchain, one that could find them moving away from bitcoin. Bitcoin -.5 TH/s - Lifetime - Genesis. When the cryptocurrency originally split from the main bitcoin blockchain earlier this week, blocks were crawling in, with the first one taking about five hours to find and another taking nearly 13 hours. (Currently, bitcoin takes about 17 hours and bitcoin cash takes about 34 hours). Lastly, depending on the block times, bitcoin currently gets the 100 confirmations needed to spend the mining reward faster than bitcoin cash. But since blocks on the bitcoin blockchain are generated roughly every 10 minutes, some onlookers derided the new cryptocurrency for this initial roadblock, one that made it more difficult for users to send transactions or exchange bitcoin cash for other cryptocurrencies. Mining, platinum, bitcoin, cloud, mining, contract. Escalator image via Shutterstock, the leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. An effort to create an alternative version of the bitcoin blockchain is officially moving ahead. The data point is notable given that Bitcoin Cash was designed to increase network capacity by offering a blockchain with a larger block size.

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Lol, a data site that has sprung up to cover the narrative. Network data shows that the Bitcoin Cash block contained 6,985 transactions, with a block size.915 MB nearly double the size nigeria of this parameter on the original chain. Further, combined with the higher liquidity, bitcoin may still emerge as more attractive to mine at the moment. And that spread could further increase with an upcoming adjustment on bitcoin cash that will make it even easier to mine. The bitcoin blockchain charges higher fees on transactions, so bitcoin miners must take into account the extra.5 BTC per block on bitcoin (about 6,000 USD). Colorful blocks image via Shutterstock, the leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. This came as no surprise to many, since bitcoin cash has much less mining power (with only a few groups, ViaBTC, m and other unknowns securing the new blockchain). According to, coinMarketCap, the price of Bitcoin Cash is trading at roughly 219 on digital currency exchange Kraken. After a slow start, blocks on the newly launched bitcoin cash blockchain are now being mined more frequently.





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Today, for example, there's been roughly one block per hour. At the time, blocks were being found on losch bitcoin cash at a rate of about one 1-2 minutes, or less. Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an trend ownership stake in Kraken. The block in question was mined by mining firm ViaBTC, according to a Bitcoin Cash block explorer hosted by data provider. If the previous 2,016 blocks took less than two weeks, difficulty core goes up, if more than two weeks, difficulty goes down. As a result, the difficulty went up by 300, the maximum allowed under the difficulty adjustment encounters rules. Toy train image via Shutterstock, the leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. The next difficulty adjustment on either chain is expected to be when bitcoin hits block 481,824, on August. But while it's possible some miners are choosing bitcoin or bitcoin cash based on preference, a certain contingent seem to be following the money. Both bitcoin and bitcoin cash adjust difficulty downward every 2,016 blocks, though in the case of bitcoin cash, the length of time this takes varies depending siti on how long it takes blocks to be discovered. At play in their considerations are two factors: ideology and profitability. .

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ViaBTC later acknowledged the finding on Twitter and generator WeChat. At its peak, bitcoin cash had 44 of all hash power compared to bitcoin's. Have breaking news or a story tip to send to our journalists? Since bitcoin bitcoin cash split from the bitcoin blockchain, miners have had a choice: which of two blockchains to mine? At block 481,824 yesterday, the bitcoin cash blockchain saw a notable difficulty adjustment. Bitcoin cash's surge above 500 today is changing more than just the the net worth of its investors and users. As of this writing, bitcoin is averaging slightly less than six blocks per hour over the last eight hours, while black bitcoin cash is averaging a little over one block per hour in the same time period.