Bitcoin cash reaches to record high above $900 as 'mining' profits jump

in en-us •  7 years ago  (edited)

The bitcoin cash offshoot, bitcoin cash, jumped to a record high near $1,000 Saturday in high trade volume, primarily from South Korea.
After bitcoin cash this week showed its potential for significantly increasing transaction speeds, digital currency "miners" have found it increasingly more profitable to mine the offshoot than original bitcoin.
Bitcoin traded slightly lower Saturday but remained more than four times the price of bitcoin cash.
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