Three days three times a bitcoin cash outburst most of miners

Bitcoin fork of bitcoin cash , close to the $300 after correction for up to 2 weeks on Thursday (17th), soaring price of more than $900, 3 days up to 3 times times the original price. Currency cash weekend once spiked to $996. (Photo: CoinMarketCap website) currency cash weekend once spiked to $996.

Currency cash why does wind up?

Currency cash wind up these days, mainly due to the block 479808 will output the incentives, according to the Coindesk website, the area will be output at the weekend, is expected to be difficult to promote the digging of coins 50%.

Earnings of workers digging a mine, in other words, if the currency cash prices remained unchanged, Miner's profit will be at least twice in the past, under this incentive, other mineral pool are more likely to be assigned to the currency cash.

Now the currency of cash prices, mining profits 2% higher than the bitcoin Buddha, the miners make more coins, more willing to turn to avatar bitcoin cash to dig. In addition, bitcoin transactions fee payer for miner's tip, which pay the miners dig.

Currency cash transactions (transaction fee) and coins compared to much cheaper.

Repressed bitcoin transactions demand for cash in addition to drive due to mining earnings increases, a growing number of exchanges have seen currency in cash of the future global trade, expansion of liquidity value. Due to the current currency liquidity than cash coins, according to CoinMarketCap data, currency trading volume of about US $2 billion on Friday, but concentrated close to 1.2 billion dollars in South Korea's three major exchanges, so trade is highly concentrated, means that demand may be a lot of depression.