Bitcoin Cash is currently MORE profitable to mine than Bitcoin!!! Bitcoin Cash doubled in price this week too!

in news •  7 years ago  (edited)

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Wowwweeeeeeeeee. What are we seeing? Could it be real life or Half Life 3 confirmed? Well, no Half Life 3(yet).... Anyways, yes BCH is rising in price and it is fantastic news for those who believe in Satohi's true vision, of on-chain scaling!!!

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As of right now, it is 11% more profitable to mine Bitcoin Cash! Tomorrow the difficulty is said to be dropping on Bitcoin Cash by 50% to 60% also! This means tomorrow it will possibly get up to 30% more profitable or maybe even more for Bitcoin Cash.

It is very likely we will see some huge short term to mid term gains on Bitcoin Cash, and possibly a complete flippening from SegwitCoin back to the original coin Satoshi envisioned. What will you do? Will you trade in your SegwitCoin for BCH?

You can find the stats of profitablity here as it is updated in real time.

https://cash.coin.dance/blocks

Also, for anyone wanting to understand this more, check out my previous post on how BCH prevents spam transactions here.

https://steemit.com/bitcoin/@truthforce/bitcoin-cash-8mb-block-mined-spam-attack-fails-hard

And Another post with more links and stats here

https://steemit.com/bitcoin/@truthforce/bcc-is-closing-the-profit-parity-gap-currently-bcc-is-only-20-to-30-less-profitable-than-mining-btc

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Thx for sharing

:( I watched and waited when bcc was just over $200.00 then a day later it was just a c*** hair below $600.00 Will someone please kick me right in the jugs

i had 0.6 Bitcoin before the fork, in my blockchain.info wallet. how do i access my coinciding bitcoin cash? any info on that? also, any way to group mine some bitcoin cash?

There are some guides on the bitcointalk.org forum, specifically for blockchain.info :)

thanks G!

Now it needs a few weeks of stability and miners will come over in droves.. there will be die hard btc 'purists' but they will be lured over eventually. I suspect the miners wont care and will just follow the money.

Do you think bch will become the dominant bitcoin?

Bitcoin is the King of the Crypto for now and there seems to be no candidate qualified to replace it on its throne. There can be in the far future as we don't know the things that can be so I am leaving that for others to imagine. BitcoinCash (BCH) is just another altcoin and being just a clone of Bitcoin it is experiencing some identity crisis right from the start it made its debut to the whole world. I don't agree that it can be the dominant altcoin as there are many others who are also qualified for that title and position. But then let's see what can really happen.

You should look up some more info about Segwit my man. Miners can take signatures out of Bitcoin transaction and spend them. They couldn't do that before.

Satoshi literally defines Bitcoin as a trail of digitial signatures proving it exists. When you can take the signature out of a transaction(Segwit AKA Segreated Witness) segregates the signature.

Never before could a miner spend the coins of a transaction, before all a 51% attack could do is reverse the last few blocks. With Segwit all Segwit blocks can be reversed since sigs aren't there.

It makes bitcoin more dangerous for no reason.

Big blocks aren't a problem. You need about 8GB of ram to handle 16MBblocks, you can use internet that is about 5 mbps to 10 mbps for 16MB blocks, and a 4TBhDD will last you for about 10 years, costs like 60 bucks. It is still very cheap.

BCH should be considered the true bitcoin by everyone. The only reason it isn't is because a bunch of people from Core/Blockstream constantly put themselves out there as some kind of savior in coding and come up with code that centralizes BTC, whereas BCHd oesn't.

Time will tell how each one does for sure. Nobody can predict it really. But BCH is exactly what Satoshi envisioned, he wrote about it in his whitepaper about Bitcoin.

WOW well said

i AM all in BCH

Hold on.. is that lord Kek talking about crypto? Wow, how epic is that? Shadilay on, Shadilay your froggy highness!

Hehe yaaaa. The Tritium Pepe is my picture.

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@truthforce got you a $1.63 @minnowbooster upgoat, nice! (Image: pixabay.com)


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This is sensational.

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