BCH nov15-dec15 update . BCH moves along and claims its #4 place back on CMC
https://news.bitcoin.com/hash-wars-bch-proponents-face-a-new-dawn-in-the-battles-aftermath/ 35 days later after the fork, Bitcoin Cash supporters are working towards moving past the hash war that took place a little after the scheduled BCH upgrade on Nov. 15. Now both networks are operating and the Bitcoin Satoshi’s Vision (BSV) coin has its own price ticker and market capitalization listed on data sites like Coinmarketcap and Satoshi Pulse. A portion of crypto-trading platforms have now listed BSV as a separate currency and the entire ecosystem of exchanges, payment processors and a great majority of wallets have awarded the ABC side of the chain the BCH ticker. At the time of writing, the global average price for BCH is $144 after markets jumped 47 percent on Dec. 19. BSV spiked 18 percent this Tuesday and each coin is currently trading for $92 per token. Since the fork, the BCH network hashrate has dropped considerably, even more so than the 50 percent loss BTC suffered this past month. Average hashrates for a great number of SHA-256 algorithm coins have endured deep drops in processing power according to global statistics. The Bitcoin Cash hashrate used to command a rough average of 5 exahash per second (EH/s), but now only captures 1 EH/s to 850 petahash per second (PH/s) on a daily basis throughout this month. On the bright side, the BCH network has been 5-8 percent more profitable to mine than BTC over the last two days. Further, BCH has amassed a large swathe of different mining pools that are processing BCH blocks on a regular basis. This includes Viabtc, Btc.com, Antpool, Multipool, Bitcoin.com, Btc.top, Waterhole, Copernicus, P2pool, Ckpool, and some other unknown mining entities as well. Another BCH metric that has halved since the fork on Nov. 15 is the cryptocurrency’s daily transaction rate over the last month. Before, bitcoin cash transactions per day were about 20,000-25,000, whereas today that number stands at roughly 9,750 over the course of the last 24 hours. Over the last three weeks, the BCH daily transaction rate has been averaging 10k per day, with a few instances of 15k-22k spikes here and there. There has been a steady increase in daily transactions week after week, and with 99 percent of BCH infrastructure back in order, this should continue. A good example of this behavior is the increase in BCH price and trade volume on exchanges over the last few weeks. Pre-fork BCH trade volumes captured anywhere between $400-900 million worth of global trades every day. After the fork, this statistic dropped to around $50-100 million daily on global exchanges. This was because some cryptocurrency trading platforms with a ton of bitcoin cash liquidity had paused BCH transactions and some exchanges halted trading. Week after week, however, global BCH trade volume has been steadily increasing on exchanges like Upbit, Binance, Huobi, Lbank, and Coinbase Pro. With the 40 percent increase over the last 24 hours, BCH trade volume has jumped to over $400 million in global trades on Dec. 19. At the time of publication, this makes BCH the seventh most traded digital asset out of the entire crypto economy. The Bitcoin Cash community had also suffered from daily battles on Reddit’s btc forum and social media platforms like Twitter. A good portion of the trolling and infighting seems to have quietened down, and most BCH supporters are just trying to move forward. There’s been plenty of developments since the fork, with projects like Electron Cash, Honest Cash, Cash Shuffle, and Openswap adding more utility to the BCH network. Furthermore, BCH enthusiasts look forward to the upcoming BCH upgrades that are under discussion and they can track the code’s development too. For now, BCH supporters are extremely pleased that the fork is behind them and are thrilled to reclaim fourth position among all cryptocurrency market capitalizations.
Pools that have been signaling BCHN include; Binance, Hashpipe, P2pool, Easy2mine, Huobi, Btc.top, Bitcoin.com, and F2pool. A number of other pools (more than half) have not made any intentions ... BTC.top, Huobi, Binance, Bitcoin.com, P2Pool, Hashpipe and Easy2mine ALL signalling support of BCHN. Research. Any news regarding Antpool, ViaBTC, OKEx and BTC.com? Do you have any contacts within Antpool, ViaBTC, OKEx and BTC.com? If you do, then try and persuade them to switch. 0 comments. share. save hide report. 100% Upvoted. Log in or sign up to leave a comment log in sign up. Sort by ... P2Pool. Founded in 2011, P2Pool operates as a “decentralized Bitcoin mining pool”. This eliminates the risk of the pool owner stealing your funds, and helps to prevent the centralization of Bitcoin—this pool can’t dictate the future of Bitcoin core. Binance, Huobi, BTC.Top, Hashpipe, P2Pool, F2Pool, Easy2Mine, and Bitcoin.com are adding ‘powered by BCHN’ in the Coinbase parameters of the blocks mined via their platforms. If you are holding bitcoin cash, ensure that the wallet ... Darüber hinaus haben in den letzten Tagen einige Gruppen von Bitcoin Cash Miners, wie Binance, Huobi, BTC.Top, Hashpipe, P2Pool, F2Pool, Easy2Mine und Bitcoin.com in den Coinbase Parametern des Blocks „Powered by BCHN“ signalisiert. Wie der Hard Fork ausgehen wird, bleibt allerdings abzuwarten. Noch sind es 75 Tage. Ironischerweise könnte der 15. November derselbe Tag sein, an dem vor ... P2Pool. P2Pool is one of the oldest pools in existence. Founded in 2011, this pool functions as a “decentralized Bitcoin mining pool.” This prevents Bitcoin mining from becoming centralized, and it means that no mining faction can dictate the direction of the Bitcoin core.
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