Datacoinz > Bitcoin Cash / BCC

Bitcoin Cash / BCC (BCH)

$ 0.0000000

Market Cap	Volume	Last Trade

Bitcoin Cash / BCC Details

Built On	Launch Date	Proof Type	Max Supply	Circulating Supply	Website
			0	0	NO
Platform	Block Reward	Block Time	Block Number	Net Hashes Per Sec	Bitcoin Cash / BCC
			0	0	Trade

Bitcoin Cash / BCC (BCH) price today is $0.0000000 USD. Trading volume was $0.00 USD in the last 24 hours. Current market cap of Bitcoin Cash / BCC is $0 USD. Bitcoin Cash / BCC has a circulating supply of 0 BCH coins out of a maximum supply of 0 BCH coins.

What is Bitcoin Cash (BCH)?

Bitcoin is a peer-to-peer digital currency — sometimes referred to as a cryptocurrency — that allows users to pay for goods and services without the need for banks and traditional payment methods. Bitcoin cash (BCC or BTC) doesn’t rely on any one monetary authority, so transactions can take place anonymously. These transactions are also largely untraceable and not subject to tax. To say that Bitcoin cash is just a currency is to simply its functions and capabilities. BCC is a commodity, as well as a currency. Anyone with a computer can, potentially, start mining BCC. CPUs are used to carry out enormous calculations, with the aim of finding a specific sequence of data. It is becoming increasingly difficult to mine bitcoin cash in any great volume, however, and there is a cap of just 21 million until at least 2040.

Bitcoin cash history

The idea of a virtual currency using the blockchain was first discussed by members of the cypherpunk mailing list. The original premise involved using a distributed database, which would be spread over the many nodes of a peer-to-peer network. The science and code behind the digital currency was developed and perfected by a programmer named Satoshi Nakamoto in 2008, and the platform was launched in 2009.
Much like finding prime numbers, the process of mining bitcoin cash was relatively easy back in 2009. However, as word of this anonymous cryptocurrency spread around the World, more and more people joined the party. As a result, it is now harder than ever to mine bitcoin cash. There have also been a few serious price fluctuations over the years. Opportunists have attacked a BCC exchange in the past in a bid to destabilise it. They do this in the hope that owners will panic and sell — flooding the market with cheaper BCC.

Technology of Bitcoin Cash

Bitcoin cash harnesses the power of individual CPUs and GPUs to execute complex calculations. The main objective of these calculations is to find the specific sequence of data that constitutes a “block”. It is this block that produces a pattern with the Bitcoin algorithm is applied. The computer that manages to successfully perform this huge calculation wins the available Bitcoins.
A simple home computer on its own is very unlikely to mine any Bitcoins over the Internet — unless it is left running for two or three years. Only the most powerful computers in the World are up to this mammoth task, which is why more and more people are joining “mining pools” in order to pool their data processing assets.

Rank	Exchange	Country	Coin Types	Fees	Trade
1	Avatrade	Ireland	7 Currencies including BCH	-	More info
2	IQ Option	Seychelles	12 Currencies including BCH	0% > 10%	More info
3	Coinfloor	UK	2 Currencies including BCH	0	More info
4	OKCoin	China	7 Currencies including BCH	0,05% > 0,20%	More info

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

Coins similar to Bitcoin Cash / BCC

Bitcoin Is Here to Stay

If you’re thinking about mining BTC, you’ve probably missed the boat. The calculations required are way beyond even the most powerful home processors. However, this is a great time to buy, sell and spend Bitcoin cash, thanks to the increasing number of public businesses that are accepting the digital currency as secure payments. As well as being a practical alternative to money, credit cards and bank transfers, BTC is a commodity that can be traded on the international market — making it attractive to speculators.