Tag: Mining Difficulty

Bitcoin Cash Mining Difficulty Algorithm Can Be Exploited by Miners

A few days ago, we talked about how the Bitcoin Cash mining adjustments were seemingly controlled in some way. Developer Gregory Maxwell alluded to as much not too long ago. We have now received a bit more evidence to further confirm these claims, although they still remain subject to interpretation. There certainly appears to be solid evidence of a bug affecting the difficulty retarget algorithm of Bitcoin Cash. Bitcoin Cash’s Mining Difficulty Adjustment …
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Bitcoin Cash Mining Difficulty Adjustments Help The Network Adjust and Grow

The Bitcoin Cash network will require some time before it finds its place in the world. With some mining difficulty readjustments now behind it, things are slowly falling into place. It seems the network is gradually hitting its stride, even though the difficulty is a lot lower compared to that of Bitcoin itself. Additionally, mining Bitcoin is still significantly more profitable than BCH. Bitcoin Cash Network Still Needs a Lot of …
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What is the Mining Difficulty?

Cryptocurrency enthusiasts will often hear how miners have to provide more powerful hardware to keep up with the mining difficulty. To some people, this may sound strange, as the mining difficulty doesn’t become more difficult in the traditional sense. The difficulty is a unit of measurement designed to indicate how difficult it is to find a hash below the given target, either on the bitcoin network or any other currency …
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