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BCH nov15-dec15 update . BCH moves along and claims its #4 place back on CMC


https://news.bitcoin.com/hash-wars-bch-proponents-face-a-new-dawn-in-the-battles-aftermath/


35 days later after the fork, Bitcoin Cash supporters are working towards moving past the hash war that took place a little after the scheduled BCH upgrade on Nov. 15. Now both networks are operating and the Bitcoin Satoshi’s Vision (BSV) coin has its own price ticker and market capitalization listed on data sites like Coinmarketcap and Satoshi Pulse. A portion of crypto-trading platforms have now listed BSV as a separate currency and the entire ecosystem of exchanges, payment processors and a great majority of wallets have awarded the ABC side of the chain the BCH ticker. At the time of writing, the global average price for BCH is $144 after markets jumped 47 percent on Dec. 19. BSV spiked 18 percent this Tuesday and each coin is currently trading for $92 per token.

Since the fork, the BCH network hashrate has dropped considerably, even more so than the 50 percent loss BTC suffered this past month. Average hashrates for a great number of SHA-256 algorithm coins have endured deep drops in processing power according to global statistics. The Bitcoin Cash hashrate used to command a rough average of 5 exahash per second (EH/s), but now only captures 1 EH/s to 850 petahash per second (PH/s) on a daily basis throughout this month.

On the bright side, the BCH network has been 5-8 percent more profitable to mine than BTC over the last two days. Further, BCH has amassed a large swathe of different mining pools that are processing BCH blocks on a regular basis. This includes Viabtc, Btc.com, Antpool, Multipool, Bitcoin.com, Btc.top, Waterhole, Copernicus, P2pool, Ckpool, and some other unknown mining entities as well.

Another BCH metric that has halved since the fork on Nov. 15 is the cryptocurrency’s daily transaction rate over the last month. Before, bitcoin cash transactions per day were about 20,000-25,000, whereas today that number stands at roughly 9,750 over the course of the last 24 hours. Over the last three weeks, the BCH daily transaction rate has been averaging 10k per day, with a few instances of 15k-22k spikes here and there. There has been a steady increase in daily transactions week after week, and with 99 percent of BCH infrastructure back in order, this should continue.

A good example of this behavior is the increase in BCH price and trade volume on exchanges over the last few weeks. Pre-fork BCH trade volumes captured anywhere between $400-900 million worth of global trades every day. After the fork, this statistic dropped to around $50-100 million daily on global exchanges. This was because some cryptocurrency trading platforms with a ton of bitcoin cash liquidity had paused BCH transactions and some exchanges halted trading. Week after week, however, global BCH trade volume has been steadily increasing on exchanges like Upbit, Binance, Huobi, Lbank, and Coinbase Pro. With the 40 percent increase over the last 24 hours, BCH trade volume has jumped to over $400 million in global trades on Dec. 19. At the time of publication, this makes BCH the seventh most traded digital asset out of the entire crypto economy.

The Bitcoin Cash community had also suffered from daily battles on Reddit’s btc forum and social media platforms like Twitter. A good portion of the trolling and infighting seems to have quietened down, and most BCH supporters are just trying to move forward. There’s been plenty of developments since the fork, with projects like Electron Cash, Honest Cash, Cash Shuffle, and Openswap adding more utility to the BCH network. Furthermore, BCH enthusiasts look forward to the upcoming BCH upgrades that are under discussion and they can track the code’s development too. For now, BCH supporters are extremely pleased that the fork is behind them and are thrilled to reclaim fourth position among all cryptocurrency market capitalizations.
submitted by mohtasham22 to btc [link] [comments]

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The Bitcoin mining difficulty has seen its biggest drop in 9 years – in the latest adjustment, the Bitcoin mining difficulty fell by a whopping 16%. One of the main theories for why this is the case is connected to Bitcoin miners that operated in the Chinese province of Sichuan. These miners, who were previously leveraging cheap hydro power, are now transitioning to other regions to take ... Ein Bitcoin Mining Rechner ist ein Online-Calculator, der dir sagt, wie viele Bitcoin du mit einem bestimmten Mining-Gerät in einem konkreten Zeitraum verdienen würdest. Bitcoin Mining ist der Prozess, mit dem neue Bitcoin ausgegeben und Bitcoin-Transaktionen validiert werden, hier erhältst du alle Infos über Bitcoin Mining . Bitcoin Mining Calculator. There are plenty of factors that affect the Bitcoin mining calculator profitability. Two of them are the BTC price and network hash rate. This means that if you purchase 50 TH/s of mining hardware, the total share of the network will drop each day compared to the total hash rate. Obwohl Studien belegen wollen, dass 75 % des Stromes, der für Bitcoin Mining eingesetzt wird, von erneuerbaren Energien stammt, zahlt sich in Deutschland das Bitcoin Mining mit Solarstrom genauso wenig aus wie jenes mit Strom vom Anbieter. Vielleicht schaut es weiter südlich besser aus, da dort mehr Sonnenleistung die Erdoberfläche erreicht und die Anlagen dadurch mehr Leistung erzielen ... Bitcoin’s mining difficulty saw the second-largest drop in history on Tuesday, as the difficulty dropped to 16.78 trillion, losing a touch over 16% since last week’s all-time difficulty high. The following list of cryptocurrencies are being compared to Bitcoin mining to determine if a cryptocurrency is more profitable to mine than mining Bitcoin. The cryptocurrency profitability information displayed is based on a statistical calculation using the hash rate values entered and does not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, a pool's ... CoinWarz credits Genesis Mining for making their new calculator possible. In a partnership with the company, Genesis Mining “helped and sponsored development” of the Ether mining profitability calculator. Genesis was one of the first companies to offer Ether cloud mining projects, and CoinWarz says the firm has “worked to publicize Ethereum to the mainstream public and offer services ... The Bitcoin network hashrate dropped significantly over the last four days sliding from a high of 161 EH/s to 90 EH/s on October 27.

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Cardano Shelley Begins, Unlimited Easing, Binance Mining, BitFinex Pulse & Be Careful

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