Bitcoin Cash Crypto Price Prediction, Value and Chart (BCH)

Bitcoin Cash (BCH) Frequently Asked Questions

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks.  Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer.  On November 15, 2020, Bitcoin Cash experienced a scheduled upgrade. Bitcoin Cash developers from various full node projects changed the Difficulty Adjustment Algorithm (DAA) to a new DAA called ‘aserti3-2d‘ (or ‘ASERT’ for short). Blockchain data provided by: Blockchair (Main Source), WhatToMine (Block Time only) (Description provided by CryptoCompare)

How do I buy Bitcoin Cash?

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.

What do investment analysts think about Bitcoin Cash?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Bitcoin Cash an overall rating of "C+", a technology and adoption rating of "B-", and a market performance rating of "D-".

Where can I get Bitcoin Cash wallet?

Bitcoin Cash produces its own wallet software that is available for download on its website, which allows you to store Bitcoin Cash 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?

One Bitcoin Cash (BCH) is currently worth $117.72 on major cryptocurrency exchanges. You can also exchange one Bitcoin Cash for 0.00550437 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Bitcoin Cash in U.S. dollars is $2.25 billion.

What hashing algorithm does Bitcoin Cash use?

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

How do I mine Bitcoin Cash?

Bitcoin Cash 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?

The following coins use Bitcoin Cash's SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin, Bitcoin SV, Steem, Alpha Coin, Namecoin, Coin of champions, Counterparty, Bogged Finance, DAOBet, Uno Re, Unbound, Crown, DragonVein, PIXEL and SafeBlast.

What is the Reddit page for Bitcoin Cash?

The official Reddit community (subreddit) for Bitcoin Cash is r/Bitcoincash.