Crypto Blog
Bitcoin Cash has outperformed the market this week, pumping 27% to $616 after touching highs of $646 yesterday.
Its volume experienced a spectacular surge yesterday, up 281% from Monday. This illustrates a wave of interest flooding in ahead of its halving, set to occur in just two days. It shows that Bitcoin transaction fees stayed low as Bitcoin’s block size grew but only increased once the blocks hit the 1MB cap. Shortsqueeze20 argues that Bitcoin Cash’s bigger block size makes it a more suitable medium of exchange and therefore superior to Bitcoin.
Users simply stake $BTCMTX for mining credits, which they can burn to earn a share of the cloud mining pool rewards.
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