| How to mine Bitcoin cash |

Bitcoin cash is what?

It is a completely independent cryptocurrency, which can be used in accounts and mining of course, it is inferior to Bitcoin currently in popularity, rate and capitalization.

But if the creators said that the new vault is more perfect, then would it not become the main competitor of the older brother? You can speculate for a long time (usually called analyzes). But only time will tell how the situation will develop.

Who created Bitcoin Cash?

Bitcoin Cash is a product by miners who decided to abandon Bitcoin. Obtaining BTC is becoming increasingly difficult. Several miners expressed their dissatisfaction and supported the construction of a new basement. Bitcoin Cash was very suitable for so-called "dissenters". Given that the idea was backed by about 12 percent of the miners, creating their cryptocurrency was not a problem for them.

Despite the advantages, the BCH has serious drawbacks. The main drawback is that most of the mining capabilities are concentrated in one group. This means that you can deal a heavy blow to the cryptocurrency, destroying the institution. Many people like Bitcoin to achieve decentralization. Destroying this cryptocurrency is almost impossible. The ability to create new currencies is distributed among multiple pools.

How to mine bitcoin cash?

We're talking one time - computer mining doesn't make any sense. Due to the demands for computing power, your income will be too small for you to care about.

What is the best way to mine the Biosafety Clearing-House? There are several options:

On video cards. The most efficient way of mining.

With the use of the processor.

Cloud technologies.

The most effective option - mining video cards. You can install multiple modules on a farm to improve overall performance. Such a decision pays off faster and you can start earning revenue.

Is Bitcoin Cash Mining More Profitable?

Mining Bitcoin Cash Today, the rate of the new coin exceeded $ 500, which is why the net price of the currency to be mined has changed. Today miners have started allocating energy to blocks of this cryptocurrency. Calculations show that mining BCH is 2% more profitable than regular BTC. Moreover, the potential profit may increase if a new basement becomes easier to extract.

For example, in Block 479.808 Bitcoin Cash, mining the half would become easier. Thus, if the cost of both cryptocurrencies remained at the same level, miners would be able to increase profits in the Biosafety Clearing-House by about 50%, compared to traditional currencies. But when calculating potential income, one should take into account the difference between principles of currency operations.

Blockchain BTC includes very high transaction fees. Accordingly, miners will be able to receive an additional 1.5 BTC per mined block. At current prices, it's around $ 6,000. For BCH, the transaction cost is much less and one unit can only fetch $ 50.

The result :

Bitcoin cash miners need powerful equipment, then the operation will be really profitable. It is difficult to create new coins for the Biosafety Clearing-House, so most coins are mined on industrial farms.

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