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.
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
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.