What Is Bitcoin Cash (BCH)?What is Bitcoin Cash mining? | LLGO

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LTC

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BCH

+1.12%

$397.85
FIL

+0.07%

$2.9756
XCH

-2.60%

$12.802
ETC

-0.70%

$18.9843

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What Is Bitcoin Cash (BCH)?What is Bitcoin Cash mining?

When politics happen to blockchains, hard forks can instigate new projects. Bitcoin Cash (BCH) was created by a group of developers, investors, entrepreneurs, and miners who were unsatisfied with Bitcoin’s development plans. Created in August 2017, Bitcoin Cash is a peer-to-peer electronic cash system that focuses on increased scalability and low transaction fees. The project is also referred to as Bitcoin ABC (Adjustable Blocksize Cap).

How does BCH work?

Bitcoin Cash was directly forked from the original Bitcoin source code, so there are many similarities. Both networks run a Proof of Work consensus mechanism and are open for anyone to join and contribute. Also, any address that had BTC prior to the fork received an equal amount of BCH after the fork (same address string, but on different networks).

Similar to Bitcoin, BCH also has a target block time of 10 minutes and a max supply of 21 million coins. The emission rate of BCH halves every 210,000 blocks (roughly every four years). 

What do I need to start mining?

Bitcoin Cash (BCH) mining requires three things: a dedicated mining setup (rig) or a mining pool that does all the heavy lifting, a wallet for collecting the reward and a robust infrastructure to host your mining operations.


BTC
Shut Down
Issue amount 21000000
24 hours volume 205.00K
24 hours turnover $ 22.11B
Market Direction Short
Panic Index 67 (Greed)
Swap Rate 1.03%
Market Value Proportion 64.18%
market value $ 10,884.85 x 100 million
24 hour increase 0.43%
Computing power 900.53 EH/s
daily output 0.00000054 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
LTC
Shut Down
Issue amount 84000000
24 hours volume 3.48M
24 hours turnover $ 301.43M
Market Direction Short
Swap Rate 4.58%
Market Value Proportion 0.19%
market value $ 42.29 x 100 million
24 hour increase 2.49%
Computing power 2.64 PH/s
daily output 0.00000348 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
BCH
Shut Down
Issue amount 21000000
24 hours volume 671.67K
24 hours turnover $ 325.35M
Market Direction Short
Swap Rate 3.37%
Market Value Proportion 0.28%
market value $ 41.74 x 100 million
24 hour increase 1.12%
Computing power 4.05 EH/s
daily output 0.00012667 BCH / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
FIL
Shut Down
Issue amount 2000000000
24 hours volume 124.73M
24 hours turnover $ 280.88M
Market Direction Short
Swap Rate 18.34%
Market Value Proportion 0.04%
market value $ 29.74 x 100 million
24 hour increase 0.07%
Computing power 22.63EiB
daily output 0.00337634 FIL / TiB
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
XCH
Shut Down
Issue amount 21410000
24 hours volume 371.31K
24 hours turnover $ 3.51M
Market Direction Long
Swap Rate 5.61%
Market Value Proportion 0.00%
market value $ 1.36 x 100 million
24 hour increase -2.60%
Computing power 14912.60839843 PiB
daily output 0.00026103 XCH / TiB
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
ETC
Shut Down
Issue amount 210700000
24 hours volume 6.61M
24 hours turnover $ 107.49M
Market Direction Short
Swap Rate 4.34%
Market Value Proportion 0.07%
market value $ 19.91 x 100 million
24 hour increase -0.70%
Computing power 294.43 TH/s
daily output 0.00004823 ETC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

0%
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