Published On: Tue, Aug 22nd, 2017

Why Bcash Mining Shouldn't Affect Bitcoin Much (But Bitcoin Mining Could Ruin Bcash)

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For the past couple of days, Bitcoin Cash (Bcash or BCH) has been more profitable to mine than Bitcoin (BTC). This has resulted in miners switching from Bitcoin to Bcash, causing a significant speedup of blocks on the Bcash chain, to the point where several dozens of blocks were found per hour. Meanwhile, the Bitcoin blockchain has slowed down significantly; in some cases only one or two blocks were found each hour.In the short term, therefore, Bitcoin users were inconvenienced: they had to wait longer for their transactions to confirm, and they had to pay more fees to get …

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