Bitcoin Cash ABC Price, News and Analysis (BCHA)

Bitcoin Cash ABC (BCHA) Frequently Asked Questions

What is Bitcoin Cash ABC?

The Bitcoin Cash (BCH) network will go through its semi-annual hard fork upgrade at 12:00 (UTC) on November 15, 2020 as scheduled and this page refers to the BCH version of the Bitcoin ABC developer team. There are two node schemes, Bitcoin ABC (BCHA) and Bitcoin Cash Node (BCHN). Currently, BCHN has support from most miners and holds dominance in the futures market. This is the third Bitcoin Cash fork, and while both implementations agree on a novel mining algorithm, supporters of Bitcoin ABC defend that a portion of the block reward (around 8%) should be distributed to the developer team, which would allegedly cause centralization to the development efforts, similar to other projects. Blockchain data provided by: Blockchair (Main Source) (Description provided by CryptoCompare)

How do I buy Bitcoin Cash ABC?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Bitcoin Cash ABC.

Where can I get Bitcoin Cash ABC wallet?

Bitcoin Cash ABC produces its own wallet software that is available for download on its website, which allows you to store Bitcoin Cash ABC on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Bitcoin Cash ABC?

One Bitcoin Cash ABC (BCHA) is currently worth $139.81 on major cryptocurrency exchanges. You can also exchange one Bitcoin Cash ABC for 0.00229332 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Bitcoin Cash ABC in U.S. dollars is $2.60 billion.

What hashing algorithm does Bitcoin Cash ABC use?

Bitcoin Cash ABC is a proof of work (PoW) coin that uses the SHA-256 algorithm.

How do I mine Bitcoin Cash ABC?

Bitcoin Cash ABC and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to Bitcoin Cash ABC?

The following coins use Bitcoin Cash ABC's SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin, Bitcoin Cash, Bitcoin SV, Steem, Counterparty, Namecoin, DAOBet, Crown, Citadel.one, DragonVein, PIXEL, Terracoin, SafeBlast, Zetacoin and Color Platform.