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RE: Why nobody is mining Bitcoin Cash

in #bitcoin • 7 years ago (edited)

Currently, users have to wait longer for blocks because Bitcoin Cash mining difficulty needs time to readjust. But after difficulty drops, blocks will come in faster and more miners will switch from B-Core to Bitcoin Cash.

You can notice it already that blocks are coming in in a shorter time frame because difficulty is in the process of declining.

7 years ago in #bitcoin by
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     7 years ago 

    How does this readjusting work ?

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       7 years ago (edited)

      Every time a blocks takes more than 12 hours to be found (median time of last 12 blocks) the difficulty readjusts by 20%.

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       7 years ago 

      Is this how the majority of crypto currency's work or just Bitcoin cash?

      And also for bitcoin cash is it BCH or BCC?

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         7 years ago 

        Difficulty is set by coin.
        BCH is BitcoinCash, BCC is Bitconnect.

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