On August 1, 2017, Bitcoin Cash (BCH, sometimes also Bcash or BCC) successfully launched as the continuation of the bitcoin project. Bitcoin Cash is different from bitcoin. It is a hard forked version of the original bitcoin, with upgraded consensus rules that allow it to grow and scale. BCH is entirely decentralized, with no central bank and requires no trusted third parties to operate. Regarding mining, it is similar to bitcoin: the protocol is proof of work SHA-256 hashing, same block times, same supply and reward system.
If you are interested in Bitcoin Cash, you can easily buy it on numerous exchanges or begin cloud mining it. If you want to invest in mining without the hassle of managing your hardware and software, cloud mining might be the right thing for you. This way you can buy mining power placed in remote data centers. Cloud mining offers a unique option for mining with a low cost of entry as well as minimal risk and expense.
Bitcoin Cash cloud mining providers list
- Bitcoin.com Pool – has partnered with the largest Bitcoin mining farm in North America, to source cloud mining hashrate at the best value. After you buy your chosen Hashrate, you can decide whether you will mine bitcoin or Bitcoin Cash (check “purchased contract” section of your account). Currently, this is the best Bitcoin Cash cloud mining option and we suggest you choose a lifetime plan.
- ViaBTC – they offer mining pools for major competing coins and cloud mining products. You need to create an account with them and once you are registered you need to buy S9 cloud mining contracts in increments of one TH/s. Entry to cloud mining with them is higher than with other providers, they are now selling Bitcoin Cash cloud mining for $179 per TH/s. Currently out of stock!
The important question is: is Bitcoin Cash cloud mining profitable? We will answer this question very soon, so please come back here in a few days when we get first payouts.