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If you have the required hardware, you can mine bitcoin even if you are not a miner. There are different ways one can mine bitcoin such as cloud mining, mining pool, etc. For cloud mining, all you need to do is to connect to the datacenter and start mining. The good thing about this is that you can mine from anywhere and you don’t need a physical hardware to mine.

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This content is being provided to you for informational purposes only. The content has been prepared by third parties not affiliated with Coinbase Inc or any of its affiliates and Coinbase is not responsible for its content. This content and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.

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Peer to peer (P2P) electronic cash is simply described as online money sent from one person to another without the need for a trusted third-party. As described in the original Bitcoin whitepaper by Satoshi Nakamoto, P2P cash makes use of digital signatures as part of the solution, but the main benefits are lost if a trusted third party is still required to prevent fraud. This makes P2P cash a trustless and safe way to transact without the need of intermediaries.

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At the time of the software upgrade (also known as a fork) anyone owning bitcoin was also in possession of the same number of Bitcoin Cash units.[19][16] The technical difference between Bitcoin Cash and Bitcoin is that Bitcoin Cash allows larger blocks in its blockchain than Bitcoin, which in theory allows it to process more transactions per second.[20] Bitcoin Cash was the first of the Bitcoin forks, in which software-development teams modified the original Bitcoin computer code and released coins with “Bitcoin" in their names, with "the goal of creating money out of thin air."[21] In relation to Bitcoin it is characterized variously as a spin-off,[5] a strand,[22] a product of a hard fork,[23] an offshoot,[24] a clone,[15] a second version[14] or an altcoin. On 1 August 2017 Bitcoin Cash began trading at about $240, while bitcoin traded at about $2,700.[16]

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Rising fees on the Bitcoin network contributed to a push by some in the community to create a hard fork to increase the blocksize.[11] This push came to a head in July 2017 when some members of the bitcoin community including Roger Ver felt that adopting BIP 91 without increasing the block-size limit favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency.[12][13] This push by some to increase the block size met a resistance. Since its inception up to July 2017, Bitcoin users had maintained a common set of rules for the cryptocurrency.[12] Eventually, a group of bitcoin activists,[14] investors, entrepreneurs, developers[12] and largely China-based miners were unhappy with Bitcoin's proposed SegWit improvement plans meant to increase capacity and pushed forward alternative plans for a split which created Bitcoin Cash.[15] The proposed split included a plan to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes.[12][13]

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在古代,加密是由许多办法完成的。在中国较“流行”使用淀粉水在纸上写字,再浸泡在碘水中使字浮现出来。而外国就不同了,最经典的莫过于伯罗奔尼撒战争。公元前405年,雅典和斯巴达之间的伯罗奔尼撒战争已进入尾声。斯巴达军队逐渐占据了优势地位,准备对雅典发动最后一击。这时,原来站在斯巴达一边的波斯帝国突然改变态度,停止了对斯巴达的援助,意图是使雅典和斯巴达在持续的战争中两败俱伤,以便从中渔利。在这种情况下,斯巴达急需摸清波斯帝国的具体行动计划,以便采取新的战略方针。正在这时,斯巴达军队捕获了一名从波斯帝国回雅典送信的雅典信使。斯巴达士兵仔细搜查这名信使,可搜查了好大一阵,除了从他身上搜出一条布满杂乱无章的希腊字母的普通腰带外,别无他获。情报究竟藏在什么地方呢?斯巴达军队统帅莱桑德把注意力集中到了那条腰带上,情报一定就在那些杂乱的字母之中。他反复琢磨研究这些天书似的文字,把腰带上的字母用各种方法重新排列组合,怎么也解不出来。最后,莱桑德失去了信心,他一边摆弄着那条腰带,一边思考着弄到情报的其他途径。当他无意中把腰带呈螺旋形缠绕在手中的剑鞘上时,奇迹出现了。原来腰带上那些杂乱无章的字母,竟组成了一段文字。这便是雅典间谍送回的一份情报,它告诉雅典,波斯军队准备在斯巴达军队发起最后攻击时,突然对斯巴达军队进行袭击。斯巴达军队根据这份情报马上改变了作战计划,先以迅雷不及掩耳之势攻击毫无防备的波斯军队,并一举将它击溃,解除了后顾之忧。随后,斯巴达军队回师征伐雅典,终于取得了战争的最后胜利。

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There are two factions of bitcoin supporters, that support large blocks or small blocks.[20] The Bitcoin Cash faction favors the use of its currency as a medium of exchange for commerce while the Bitcoin-supporting faction view bitcoin's primary use as that of a store of value.[20] Some Bitcoin supporters like to call Bitcoin Cash “Bcash,” “Btrash,” or simply a scam, while Bitcoin Cash advocates insist that their implementation is the pure form of Bitcoin.[20]

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在古代,加密是由许多办法完成的。在中国较“流行”使用淀粉水在纸上写字,再浸泡在碘水中使字浮现出来。而外国就不同了,最经典的莫过于伯罗奔尼撒战争。公元前405年,雅典和斯巴达之间的伯罗奔尼撒战争已进入尾声。斯巴达军队逐渐占据了优势地位,准备对雅典发动最后一击。这时,原来站在斯巴达一边的波斯帝国突然改变态度,停止了对斯巴达的援助,意图是使雅典和斯巴达在持续的战争中两败俱伤,以便从中渔利。在这种情况下,斯巴达急需摸清波斯帝国的具体行动计划,以便采取新的战略方针。正在这时,斯巴达军队捕获了一名从波斯帝国回雅典送信的雅典信使。斯巴达士兵仔细搜查这名信使,可搜查了好大一阵,除了从他身上搜出一条布满杂乱无章的希腊字母的普通腰带外,别无他获。情报究竟藏在什么地方呢?斯巴达军队统帅莱桑德把注意力集中到了那条腰带上,情报一定就在那些杂乱的字母之中。他反复琢磨研究这些天书似的文字,把腰带上的字母用各种方法重新排列组合,怎么也解不出来。最后,莱桑德失去了信心,他一边摆弄着那条腰带,一边思考着弄到情报的其他途径。当他无意中把腰带呈螺旋形缠绕在手中的剑鞘上时,奇迹出现了。原来腰带上那些杂乱无章的字母,竟组成了一段文字。这便是雅典间谍送回的一份情报,它告诉雅典,波斯军队准备在斯巴达军队发起最后攻击时,突然对斯巴达军队进行袭击。斯巴达军队根据这份情报马上改变了作战计划,先以迅雷不及掩耳之势攻击毫无防备的波斯军队,并一举将它击溃,解除了后顾之忧。随后,斯巴达军队回师征伐雅典,终于取得了战争的最后胜利。

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To keep the block generation time equal to ten minutes on average, both Bitcoin and Bitcoin Cash use an algorithm adjusting the mining difficulty parameter. This algorithm is called the difficulty adjustment algorithm (DAA). Originally, both Bitcoin and Bitcoin Cash used the same difficulty adjustment algorithm, adjusting the mining difficulty parameter every 2016 blocks. Since 1 August 2017, Bitcoin Cash also used an addition to the DAA, called an Emergency Difficulty Adjustment (EDA) algorithm. EDA was used alongside the original DAA and it was designed to decrease the mining difficulty of Bitcoin Cash by 20%, if the time difference between 6 successive blocks was greater than 12 hours.[36]

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Bitcoin Cash trades on digital currency exchanges including Bitstamp,[30] Coinbase,[31] Gemini,[32] Kraken,[33] Bitfinex, and ShapeShift using the Bitcoin Cash name and the BCH ticker symbol for the cryptocurrency. On 26 March 2018, OKEx removed all Bitcoin Cash trading pairs except for BCH/BTC, BCH/ETH and BCH/USDT due to "inadequate liquidity".[5] As of May 2018, daily transaction numbers for Bitcoin Cash are about one-tenth of those of bitcoin.[5]

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