How Much Bitcoin Cash BCH Can I Mine A Day

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How Much Bitcoin Cash BCH Can I Mine A Day 9,2/10 6736reviews

Go to and click the 'test start' button. If you have Java installed the miner should launch. Click 'engine start' on your GPU(s) to start mining and the GUI will show how many bitcoins per day you will make (on average).

Where To Buy Bitcoin Cash

Aug 21, 2017 - We all know of Bitcoin split chain into Bitcoin and Bitcoin Cash. Now BTCC/BCH. You can also create worker groups if you have many machines or so. For what I understand from Jimmy Song, I recommend following him on Twitter, in about 3 or 4 days BCH will be less profitable that BCH to mine. / Bitcoin News / Bitcoin Cash Statistics Confirm BCH is Just Another Altcoin. How can I mine bitcoin? What is a bitcoin wallet? Avoid money transfer scams in. Bitcoin Cash (Bcash or BCH). Why Bcash Mining Shouldn't Affect Bitcoin Much (But Bitcoin Mining Could Ruin. No miners would mine on Bitcoin Cash whatsoever. Current Emercoin EMC Mining Rate. What is Bitcoin Cash (BCC/BCH) – How Does It Differ From BTC. So it is taking a lot more time than normal to mine blocks and confirm transactions. Bitcoin Cash mining. I think difficulty will drop 10x for bitcoin cash making the antminer S9 very profitable no matter what price BTH is. In my thread I had explained that it currently takes people up to three days to transfer BCH to an exchange or wherever they need it to go because there is next to no.

Note that you are actively mining in a pool without getting paid. This test page launches a version of the miner which is only meant to be used for a short time for testing. Update for 2015: CPU and GPU mining are both long dead. When you buy ASIC mining hardware you will know its hashrate before you buy. Don't buy if you don't. Google 'bitcoin mining calculator', input your hashrate, and it will tell you how much you can earn right now, on average.

Note that the difficulty will change in the future so your earnings will not stay the same. Also note that with most pools actual earnings vary with luck. Finally, avoid the typical newbie mistake of confusing TH/s and GH/s. 1 TH/s = 1000 GH/s. There is a list here that is kept relatively up to date with the possible hashrate of various CPUs and GPUs Once you know the number of hashes you can generate, you can use an online mining calculator and calculate the numbers of bitcoins you can mine per day (on average) and the current price of those bitcoins in other currencies. It is worth pointing out that when most people talk about 'mining' bitcoins these days, they are talking about pooled mining.

Depending on the fees of your pool you can make anywhere from 2%-10% less than expected. If you mine by yourself, the bitcoin you are expected to make has a high degree of variance. If: D is the current difficulty H is your hash rate in Mhash/s B is block reward in BTC Then you can expect to earn: (H*B/D) * (60*60*24 * 65535 * 10^6 / 2^48) = (H*B/D) * (5.662224e15 / 2^48) BTC per day (1) or roughly: (H*B/D) * 20.11626 BTC per day (2) The current block reward B is a little over 12.5 BTC if you take transaction fees into account. (The transaction fees vary block by block; the core reward halves periodically, e.g.

To 6.25 in mid-2020.) (1) is exactly correct (2) is an approximation, correct to 7 significant digits is slightly off due to assuming 65535 == 65536. You should consult to know how many hashes per second can you generate with your hardware. Afterwards, just input the value into a and you will have an estimation of your payout ratio.

Please note that this calculator does not take difficulty into account so your earned value is likely to change over time. There are that try to predict the evolution of the difficulty, but they are not very accurate. Right now, difficulty depends on too many factors to be correctly predicted for a period longer than a couple of months.

I was confused by the profitability calculators I saw because I find it hard to get a feeling for how the difficulty influences my yield and also for where I can expect the difficulty to go, since it's such an abstract value. So I now use what to me is more intuitive: there's a (more or less) fixed number of 3,600 BTC gained from mining each day, until the block reward halves in 2017. Those coins can be viewed as being shared by the whole network proportionally to the computing power of each player. So, let's assume a network power of 360 Thash/s, which seems not far away as I write this, and makes for easy calculation, then for every Ghash/s that your equipment brings to the table, you get 0.01 BTC per day.

If you're solo mining, this is overly simplified, but the general direction of solo mining is that your actual yield will only on average match the theoretical one, so if you're much much smaller than the network (likely), then your variance gets so high that it becomes a lot like a lottery.

With almost 6,000 blocks mined on the Bitcoin Cash network, now is a good time to check some statistics. It is still less profitable to mine than Bitcoin, which is not surprising. Bitcoin Cash has around 8% of the value of Bitcoin itself right now. The blockchain operates at 13% of the original chain’s difficulty as well.

Moreover, the BCH is no longer the longest blockchain either. All of these developments are pretty interesting and somewhat surprising. One could argue has not achieved all that much. That would be a rather shortsighted statement, though. After all, no one expected this project to stick around for as long as it has. It still has a fair bit of support from mining pools and miners alike, which is good to see. Moreover, the BCH value has somewhat stabilized around $550 as well.

Unfortunately, it is inferior to Bitcoin in all other aspects one can think of right now. Bitcoin Cash Statistics Aren’t Looking Great First of all, the Bitcoin Cash is still extremely low. The mining difficulty adjustment has always been subject to some wild speculation. Some people feel miners can effectively trick the EDA into allowing them to mine more coins accordingly. Whether or not this is effectively the case, will always remain a bit of mystery. It is certainly true the mining difficulty adjustment algorithm shakes things up a bit.

Despite this lower difficulty, Bitcoin Cash is still pretty unprofitable to mine. It has been more profitable than BTC mining on two occasions so far. For the majority of the time, however, it won’t net you any major income. Unless you believe BCH will double or triple in value, that is.

Should that be the case, the people mining BCH right now will have a big payday to look forward to. It is unclear what the future holds for this altcoin in this regard. Additionally, it appears the blockchain is no longer the longest chain. Although it is only a minor title to obtain, it would give Bitcoin Cash some advantage over Bitcoin. With this factor out of reach as well, there is no reason to consider BCH is superior in any regard. It has all of the traits of an altcoin and not much is changing in this regard.

That doesn’t mean it’s not worth paying attention to. However, it will not rival Bitcoin in any significant manner any time soon. Header image courtesy of About JP Buntinx JP is a freelance copywriter and SEO writer who is passionate about various topics. The majority of his work focuses on Bitcoin, blockchain, and financial technology. He is contributing to major news sites all over the world, including NewsBTC, The Merkle, Samsung Insights, and TransferGo.