Why Is Bitmain Only Accepting Bch

Last Updated on February 4, 2024 by Paganoto

The Best Time to Start or Expand a Bitcoin Mining Operation

Since Bitmain is based in China, the company cannot accept fiat payments. They only accepted crypto where their preference was Bitcoin Cash (BCH). Since crypto prices were increasing dramatically, they did not adjust their BCH or BTC prices quickly enough which resulted in higher fiat prices for the S9's.

Bitmain only accepting bitcoin cash (BCH)??? : r/litecoin – Reddit

So I was looking into buying an L3+ from Bitmain and payment method says only accepting Bitcoin Cash (BCH). Interesting. Power play by Wu.

Bitmain Now Accepts Only Bitcoin Cash For Their Latest …

It is unclear why this decision was taken. It may be that bitcoin is in the frontline of China’s recent crackdown on crypto-exchanges, with BCH …

Bitmain Now Accepting Only Bitcoin Cash for Antminer Sales

Mining hardware giant Bitmain has declared it will now accept only Bitcoin Cash for its latest equipment as a cost-saving measure.

Someone Was Propping Up the Bitcoin Cash Hashrate at a …

At one point, Bitmain was also only accepting Bitcoin Cash as payment for their mining hardware devices. Bitmain republished a Bitcoin.com …

Mining Giant Bitmain Hurries to Deploy 90,000 S9 Antminers …

Beijing-born Bitmain, which is a major holder of Bitcoin Cash, is backing BCH client Bitcoin ABC, which has spearheaded the forthcoming hard …

Troubleshooting – BITMAIN Support

General · Network Bandwidth and Load · Miners cannot be upgraded or set · The miner is unstable · Treatment Method for ANTMINER Anti-virus · Recovery Method …

Bitmain Approaching 51% of Total Bitcoin Network Hashrate

If Bitmain were to halt mining BCH and instead used 100% of its resources for mining BTC, it could theoretically reach around 45% of the total Bitcoin hash …

The Bitcoin Cash People, Platforms, Wallets and Miners You …

For only being about five months old, the Bitcoin Cash community is already a … payment gateway service that enables merchants to accept BCH as payment.

The History of Bitcoin Cash (BCH) – CoinLoan

SegWit implementation made Bitcoin mining with Bitmain’s AsicBoost machine more expensive. Therefore, Bitmain lent its support to the newly created (or, forked) …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.