Boris9
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Bitcoin cash is now more profitable to mine than BTC

Fri Aug 18, 2017 11:30 pm

Screen Shot 2017-08-19 at 0.29.14.png
Thoughts ?

All aboard ?

CryptoSapien
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Re: Bitcoin cash is now more profitable to mine than BTC

Sat Aug 19, 2017 1:57 pm

This is great news. BCH to the moon. I need to purchase some hashpower asap

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Re: Bitcoin cash is now more profitable to mine than BTC

Sun Aug 20, 2017 9:59 pm

So....will this turn out into death spiral or will the hash rate between both chains reach equilibrium which is approximately at same proportions that BTC / BCH price?
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Re: Bitcoin cash is now more profitable to mine than BTC

Sat Aug 26, 2017 2:38 am

I think BCC and BTC both have potential to rise up and in near future, I think these both cryptocurrencies will compete for each other.

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Sutekh
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Re: Bitcoin cash is now more profitable to mine than BTC

Thu Sep 14, 2017 4:33 pm

do you need hardware to mine BCH or can you cloud mine

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Re: Bitcoin cash is now more profitable to mine than BTC

Thu Sep 14, 2017 4:37 pm

do you need hardware to mine BCH or can you cloud mine
BCH use sha256 algorithm and can be mined by asics like bitcoin, here is a cloud mining for BCH https://pool.bitcoin.com/index_en.html
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Sutekh
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Re: Bitcoin cash is now more profitable to mine than BTC

Thu Sep 14, 2017 5:36 pm

do you need hardware to mine BCH or can you cloud mine
BCH use sha256 algorithm and can be mined by asics like bitcoin, here is a cloud mining for BCH https://pool.bitcoin.com/index_en.html
Thanks. I don't see BCH mining there, do you have to just buy hash then allocate?

Sutekh
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Re: Bitcoin cash is now more profitable to mine than BTC

Thu Sep 14, 2017 5:45 pm

Found it nevermind thanks lol. Duh

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Re: Bitcoin cash is now more profitable to mine than BTC

Sun Sep 17, 2017 12:11 am

How many of the miners will stay with BTC when it's actually more profitable to mine BCH?

I imagine there'll be at least a few who aren't watching the numbers so closely, or don't have an automated method setup to switch between them. But in the long run, you'd be crazy to turn down extra profits if it's as easy as flipping a switch to mine BCH instead.

Either way, there'll probably be another big shakeup once Segwit2x comes around, if there's yet another hard fork creating a third option for miners.

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