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In this case it is the truth. The price of Bitcoin Cash is going up and the difficulty to mine had been going down. So for now, it is more profitable. It will l
by tylersmith 9y ago
In this case it is the truth. The price of Bitcoin Cash is going up and the difficulty to mine had been going down. So for now, it is more profitable. It will likely go back in forth for a while before there's a dominate winner.
- exit 9y agothis view suggests the difficulty of bch will increase by ~220% in ~3 days: http://fork.lol/pow/retarget http://fork.lol/pow/retarget which i think will inversely affect profitability?
- sbenitoj 9y agoThat's correct -- the difficulty to mine BCH will reset at block 479,808 (the last adjustment) + 2016 blocks (the number of blocks in between each difficulty adjustment). The difficulty of mining BCH is currently expected to increase at the next difficulty adjustment, and thus profitability will go down.
- tylersmith 9y agoYep. As it becomes more profitable more people mine, the difficulty goes up, profitability goes down, people stop mining, difficulty goes down, and so on.