Re:Bitcoin Cash Soaring to Record High as It’s More Profitab...
by rebuilder on Sunday August 20, 2017 @02:35PM
(#15059631)
The payout in crypto currency (BCH) is fixed, transaction fees aside. The value if that payout in other currencies is floating. The work required to get the payout depends on how many others mine it.
Mining profitability generally has little bearing on the market price of the coin being mined. The supply doesn't increase, except very temporarily, because mining difficulty adjusts to account for fluctuations in hashrate.
Mining profitability generally has little bearing on the market price of the coin being mined. The supply doesn't increase, except very temporarily, because mining difficulty adjusts to account for fluctuations in hashrate.