The less than one-month-old digital currency Bitcoin Cash recently experienced a significant reduction in its mining difficulty following a difficulty adjustment. The code specifies that if not enough blocks are found in a certain period of time, a difficulty adjustment will occur.
As a result of this 60% reduction in difficulty, the cryptocurrency temporarily became more profitable than Bitcoin to mine. Bitcoin Cash, for a time, attracted nearly 40% of Bitcoin’s miners.
More @ https://cointelegraph.com/news/the-battle-continues-between-bitcoin-and-bitcoin-cash
Topic: [2017-08-24] The Battle Continues Between Bitcoin and Bitcoin Cash (Read 2579 times)
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