BitcoinCashABC (BCH) mining profitability calculator
Other SHA-256 algorithm cryptocurrencies
|Block reward||12.5 BCH|
|Block time||~617.0 sec.|
|Current difficulty||284.811 B|
|Exchange volume (24H)||$ 592,852,564|
|Market cap.||$ 9,067,220,254|
What is BitcoinCashABC (BCH)?
Bitcoin Cash (BCH) is a separate version of Bitcoin, which was created by bitcoin hard forks. Unlike new cryptomonettes, Bitcoin Cash has an already existing blockchain, which is taken from the old Bitcoin. BCH received BTC holders who had private keys on their wallets, as well as stock exchange users, who, in turn, distributed new tokens to their customers. With protocol Bitcoin Cash completely repeats Bitcoin: PoW with the SHA-256 hashing algorithm; it has the same limit of 21 million coins; same block time and same reward system. The difference is the block size - 8MB (Bitcoin 1MB), in addition, Bitcoin Cash changes complexity every 6 blocks, unlike from 2016 Bitcoin blocks, which made it possible to make the complexity of mining more adaptable. Therefore, the main advantage of Bitcoin Cash is fast transactions, an increase in block size has also made it easier to mine and make transfers for lower fees. In addition, the system has an increased level of coin protection.