Community post
Bitcash Question for the smart ones? Mining Difficulty
Bitcash is Crashing, there are only a few miners. To keep the same number of coins mined per day the difficulty as I understand it should drop dramatically
Is there a chance the it will drop low enough to make GPU mining of Bitcash profitable?
Replies (4)
Hello! I just upvoted you! I help new Steemit members! Upvote this comment and follow me! i will upvote your future posts! To any other visitor, upvote this post also to receive free UpVotes from me! Happy SteemIt!
To answer your question, yes it can be profitable. But it does not have much to do with difficulty to be honest. Think of difficulty as an consequence of the hashrate. e.g. hashrate goes up difficulty goes up, hashrate goes down diffuculty goes down.
But don't expect to be mining BCH anytime soon and make money with your GPU's
Thanks. Guess it just depends on if it dies completely. Nobody mining it, nobody is interested in it and it becomes worthless.
Congratulations @memloc! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP