The entrepreneur explains he's purchased both hardware and software in order to help build
the BCH hashrate.
The BCH hashrate is currently operating at only 1/2 of an exahash as most of the pools are now back to pointing towards the legacy chain.
Not exact matches
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There was no clear trigger for the run, although the coin likely benefited from a report that mining pool BitClub Network — a small pool that currently accounts for about 2.5 percent of the bitcoin
hashrate — would begin issuing payouts in
BCH form while continuing to mine the BTC chain.
Further, this week a large swathe of miners started pointing their
hashrate at the
BCH chain and it is now longer than the legacy chain.
BCH supporters are looking forward to this week as they believe there will be some more action with the digital currency's
hashrate and the token's market price.
We should see a split of the
hashrate between BTC and
BCH that is close to the split in term of price.
The
hashrate on the
BCH chain should be more stable, as well as the block production.
For one, Bitcoin Cash's
hashrate has officially surpassed bitcoin's, a sign that more processing power was being used for
BCH.