Sentences with phrase «bcash difficulty»

At some point, Bcash difficulty will exceed what its block reward will be worth, at which point all miners should leave.

Not exact matches

Now, keep in mind that for miners to mine Bcash at all, its difficulty must be even lower than its block reward, compared to Bitcoin, and that if that is the case, all profit - maximizing miners are expected to pile on.

So, if Bcash's block reward is worth 15 percent of Bitcoin's block reward, Bcash's difficulty must also be 15 percent of Bitcoin's difficulty, or lower.

And even if some miners do mine on the Bcash chain toward a difficulty adjustment, it would just set the exact same dynamic in motion after a while.

Then, once the difficulty adjusts upward by a lot, and all these miners will switch back to Bitcoin — until some miners trigger Bcash's EDA again, potentially after 12 hours or so, and all miners hop back on Bcash, creating a sort of stop - and - go cycle, on repeat.

Then, last weekend, the Bcash mining saga further developed, as some miners periodically triggered an emergency difficulty adjustment, leading to extreme swings in hash power, unreliable block times and increased inflation.

To mitigate this problem, Bcash implemented a feature called the «emergency difficulty adjustment» (EDA).

The Bcash chain would be more profitable to mine for a couple of days, after which difficulty shoots upwards and the chain should freeze in its tracks.

On both Bitcoin and Bcash, difficulty adjusts once every 2016 blocks, which is «supposed» to happen every two weeks.

At this point, Bcash's difficulty is so high that Bitcoin is once again the most profitable chain to mine on.

The difficulty adjustment process was meant to compensate for this, reducing difficulty to a level more appropriate for Bcash's low hashrate within a few blocks.

As a result, Bcash blocks remain slow, although difficulty has since adjusted to about 1/4 of Bitcoin's.

It still takes relatively a lot of time to get Bcash transactions into the blockchain and that's due to the high difficulty of mining.

Bcash forked with the same mining difficulty as Bitcoin but only a small fraction (around 5 %) of its hashrate.

Bitcoin Cash, now known as BCash or BCH, is a top preoccupation of Wu, who potentially faces difficulties from regulatory changes.