How does BCH mining differ from other types of cryptocurrency mining?

1 answers

• Apr 19, 2022 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi has observed the differences between BCH mining and other types of cryptocurrency mining. One key difference is the block size limit. While Bitcoin has a block size limit of 1MB, BCH has a larger block size limit of 32MB. This allows BCH to handle more transactions per block and results in faster transaction confirmations. Additionally, BCH mining uses the SHA-256 hashing algorithm, which is different from the SHA-256d algorithm used by Bitcoin. This means that BCH mining requires specialized hardware that is optimized for SHA-256. Overall, these differences make BCH mining a unique and potentially profitable venture for miners.
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