When politics happen to blockchains, hard forks can instigate new projects. Bitcoin Cash (BCH) was created by a group of developers, investors, entrepreneurs, and miners who were unsatisfied with Bitcoin's development plans. Created in August 2017, Bitcoin Cash is a peer-to-peer electronic cash system that focuses on increased scalability and low transaction fees. The project is also referred to as Bitcoin ABC (Adjustable Blocksize Cap).
How does BCH work?
Bitcoin Cash was directly forked from the original Bitcoin source code, so there are many similarities. Both networks run a Proof of Work consensus mechanism and are open for anyone to join and contribute. Also, any address that had BTC prior to the fork received an equal amount of BCH after the fork (same address string, but on different networks).
Similar to Bitcoin, BCH also has a target block time of 10 minutes and a max supply of 21 million coins. The emission rate of BCH halves every 210,000 blocks (roughly every four years).
What do I need to start mining?
Bitcoin Cash (BCH) mining requires three things: a dedicated mining setup (rig) or a mining pool that does all the heavy lifting, a wallet for collecting the reward and a robust infrastructure to host your mining operations.
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