Antminer S9 to be sold only for Bitcoin Cash

The largest Chinese manufacturer of mining equipment, Bitmain, will accept only Bitcoin Cash
06 October 2017   2448

The largest Chinese manufacturer of mining equipment, Bitmain, announces that from now on it will accept only Bitcoin Cash when selling the latest ASIC-miners.

According to Jihan Wu, Bitmain co-founder, the main reason for the decision was Bitcoin Cash’s lower transaction fees compared to Bitcoin. The man also recommends others to follow Bitmain’s lead.

Bitcoin Cash has a roadmap that will keep the transaction fees always low, and every sane manager should consider accepting Bitcoin Cash as a payment option to save the transaction cost for their customers and shareholders.
 

Jihan Wu
Bitmain co-founder

Some reddit.com users have already suggested that the Bitmain initiative may increase the demand for Bitcoin Cash. 

Bitcoin Cash price chart on coinmarketcap.com
Bitcoin Cash price chart on coinmarketcap.com

As shown, at the time of writing, Bitcoin Cash price is about $354.55, which allows it to occupy the 4th poistion in the list. It's market capitalization is $5,911,807,858.

Athena Bitcoin adds Bitcoin Cash to its ATMs

Athena Bitcoin adds support for Bitcoin Cash to their machines
19 February 2018   80

Rising interest in Bitcoin Cash has made a big impact on cryptocurrency market and service providers alike. The rising exchange rates and more widespread support on exchange platforms contributes to the fact. And this can;t be ignored by companies involved in Bitcoin ATM business. They wouldn't want to be left on the side in such a quick-rising market. So Athena Bitcoin took a logical step and added support for Bitcoin Cash to their ATMs.

In the case of Athena Bitcoin, it's an interesting step because of many reasons. The don't plan to drop Bitcoin anytime soon, so it's just an expansion of bases, rather than a complete turnover. Also added support will be interesting to statistics, because Athena's widespread coverage in several US states will allow to see, whether or not BCH is more popular than BTC in some states.

Bitcoin Cash support will also allow for BCH to fiat conversion with two-way machines available in Athena's network. Added competition doesn't thrill Bitcoin Core community, but BCH enthusiasts are quite happy with this situation.

So far Athena Bitcoin is one of the first providers to give such opportunity to the masses, so it would be interesting to see if other ATM networks will follow the example. Decisions like that are always more than a little controversial so we'll have to wait and see if it pays off.