<p>Bitcoin Cash (BCH) was created in 2017 as a result of a hard fork from Bitcoin. It increased the size of blocks from its predecessor and therefore enabled more transactions to be processed and improved scalability.&nbsp; Bitcoin Cash’s increase in block size attracted the attention of crypto enthusiasts. As a result, BCH now ranks among the top 20 cryptocurrencies and is becoming one of the most popular Bitcoin forks.</p><p>However, Bitcoin Cash shares some fundamental similarities with Bitcoin. It is deflationary, with a limited total of 21 million coins that can be recreated, it also retains Bitcoin’s 10 minute block production time. BCH also shares the same mining process as BTC, they both use the same SHA-256 hashing algorithm.</p><h3>What are BCH key features and how does it work?</h3><p>As mentioned, at a technical level, Bitcoin Cash works like Bitcoin. They both have a hard cap limit of 21 million coins, use nodes to validate transactions, and use a PoW consensus algorithm. PoW means that miners validate transactions utilizing computer power and are rewarded in BCH for their contributions.</p><p>However, BCH operates faster and has lower transaction fees than its predecessor, thanks to the larger block size. As such, it is better suited for transactions of smaller sizes. Bitcoin Cash also supports smart contracts, unlike Bitcoin.</p><p>Bitcoin Cash also differs from bitcoin in another respect as it does not incorporate Segregated Witness (SegWit). SegWit is designed to help increase the block size limit on a blockchain by removing signature data from a blockchain transaction. This frees up space for more transactions of smaller sizes, and thus faster processing speeds are achieved.</p><h3>How can you mine Bitcoin Cash?</h3><p>Bitcoin Cash runs on the Proof-of-Work consensus mechanism, thus miners can mint new BCH to secure the network and receive rewards for doing so. Mining rewards are halved every 4 years or when 210,000 blocks have been mined, whichever comes first. Miners also receive the network transaction fees paid by the sender.</p><p>There are several ways to mine Bitcoin Cash: individually, joining a Bitcoin Cash mining pool, or via cloud mining.</p><p>Some miners choose to repurpose their old laptops. Miners should use software that can take the highest advantage of their rig’s specification against BCH’s SHA-256 algorithm. BCH can be efficiently mined with ASIC machines.</p><p>However, because such advanced mining software has been developed with the ability to produce incredible hash power, mining individually is unlikely to return a profit without investing in a top rate mining rig or having a full node setup. To reasonably compete for block rewards, individual miners need a setup that can produce an incredibly high hash rate.</p><p>Joining a mining pool or cloud mining is likely to bring the highest profits. Pool mining requires miners to have mining software and share the computer power with others by joining a pool. The combined power of the pool generally results in a higher hash rate and therefore a greater chance of successfully mining a block. However, since a miner is only contributing a part of the power, the share of the reward will be far less, although more regular.&nbsp;</p><p>Cloud mining does not require any upfront expenditure on mining software. In cloud mining, you rent out computing power from another person or group, paying regularly. Generally, a miner buys a contract for a predetermined period and the ASIC owner does all the mining. Rewards are agreed in the contract.</p><h3>Where can you buy BCH?</h3><p>BCH is available to buy on the listed CEXs and DEXs <a href="https://cryptorank.io/price/bitcoin-cash/exchanges" rel="noopener noreferrer" target="_blank">here.</a> HitBTC and DragonEX are some of the most popular options with the highest trading volume.</p>

Bitcoin Cash

Bitcoin Cash is a Bitcoin ‘hard fork’ with larger block size (eight times that of Bitcoin) and improved hash rate enable faster transaction speeds.

CryptoRank Premium

Add New {name} Alert

Price Range

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

You are about to leave CryptoRank

External link warning

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Advanced Tools and Ad-Free Experience for In-Depth Analysis

Enjoy advanced analytics, ad-free experience, and exclusive insights on CryptoRank

Payment Successful!

Your subscription is now active!

Add promocode

Select plan

Total Due:

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Explore the most complete  team of %coinname%, get data about their activities and contact details on CryptoRank.io

%coinname% Team

Amaury Séchet

Bitcoin CashBCH

Bitcoin Cash Team

Current team