Topic: [2017-08-02] Heres the Trading Center in HK Where They Mined Most of the BCH (Read 6039 times)
September 04, 2017, 10:05:22 AM
I read that Satoshi actually started Bitcoin Cash to fix Bitcoin Core problems. Just speculation though. I think it will hang on for a while.
August 03, 2017, 12:56:56 AM
They are not anymore going back to the mining of BCH because there the same level of difficulty comparable to Bitcoin and the operation is not yet that profitable. I think others have also complained of the same problem. BitcoinCash (BCH) has to explain why is this so.
there is a simple explanation-the difficulty is same as it was with the bitcoin chain
it is hard to mine blocks with only 5-10% of the original hashrate,so the miners will be waiting for the adjustment,meanwhile,BCC
will be experiencing some long confirmation and in between block times,it is only reasonable at the moment to keep mining bitcoins,because the difficulty is same,the price is 7 times higher
BCC is being traded at 0.15 per token at Viabtc,volatile as hell
but things might change soon,after the difficulty adjustment,miners will be calculating and redirecting power back and forth
either that or BCC will be dying a slow,aka Bitcoin Classic death
August 02, 2017, 11:35:20 AM
They are not anymore going back to the mining of BCH because there the same level of difficulty comparable to Bitcoin and the operation is not yet that profitable. I think others have also complained of the same problem. BitcoinCash (BCH) has to explain why is this so.
August 02, 2017, 09:48:39 AM
Earlier today we reported on the unknown pool that has been mining a vast majority of the Bitcoin Cash (BCH) blocks so far. Now Bitcoin.com has had an exclusive conversation with the miner from Hong Kong otherwise known as ‘MC Pool.’
Currently, there have been two mining pools that have dedicated significant hashpower towards the BCH network — Viabtc and an unknown mining operation called ‘MC Pool.’ The ‘MC Pool’ has mined most of the BCH blocks in existence, and the block’s coinbase data has revealed an address to a backpackers hostel in Hong Kong called Kwong Wah Mansion. For instance, the very last BCH block mined has a Coinbase that says, “Genesis Block 269-273 Hennessy Road Wan Chai Hong Kong.” So Bitcoin.com decided to reach out to the miner operating from within the hostel. The operator of the pool wishes to remain anonymous.
Read More Here >>> https://news.bitcoin.com/the-trading-center-in-hk-where-they-mined-most-of-the-bitcoin-cash-blocks/
Currently, there have been two mining pools that have dedicated significant hashpower towards the BCH network — Viabtc and an unknown mining operation called ‘MC Pool.’ The ‘MC Pool’ has mined most of the BCH blocks in existence, and the block’s coinbase data has revealed an address to a backpackers hostel in Hong Kong called Kwong Wah Mansion. For instance, the very last BCH block mined has a Coinbase that says, “Genesis Block 269-273 Hennessy Road Wan Chai Hong Kong.” So Bitcoin.com decided to reach out to the miner operating from within the hostel. The operator of the pool wishes to remain anonymous.
Read More Here >>> https://news.bitcoin.com/the-trading-center-in-hk-where-they-mined-most-of-the-bitcoin-cash-blocks/
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