The hard fork happened, in addition to the Bitcoin network split upward into 2 dissimilar blockchains that part a previous history. The Bitcoin Cash (BCH) network has survived an entire week, amongst 5 mining pools dedicating hashpower towards this option chain. Currently, the Bitcoin blockchain is however 899 blocks ahead of the novel BCH chain, in addition to it’s too 54 per centum to a greater extent than profitable to mine BTC than BCH. However, this volition alter on August viii equally Bitcoin’s difficulty is going to increase approx. vii per centum spell the BCH chain has been lowered to 17 per centum of BTC’s electrical current difficulty.
At the instant in that place accept been 240 BCH blocks mined since the blockchain split upward in addition to an ‘unknown miner’ has processed to a greater extent than than 83 per centum of all the blocks inward existence. So far in that place accept been a full of xvi ‘big blocks’ (over 1MB) flora on the BCH network amongst a few large ones beingness over 4MB. The other mining pools which are dedicating hashpower to the BCH chain include Suprnova, pool.Bitcoin.com, Viabtc, in addition to the Bitclub. These 4 pools accept exclusively flora xvi per centum of the 240 BCH blocks mined. At press fourth dimension the BCH chain is processing blocks consistently at a charge per unit of measurement of 30-60 minutes per block amongst only about longer intervals hither in addition to there.
Full floor at http://bit.ly/2hJ0qwW
Source: Bitcoin News
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