Bitcoin Cash has produced 131 blocks over the past 24 hours. The target is 144. The network is running about ten percent slower than intended, and as a holder you notice it in one place only: every deposit and withdrawal that waits for confirmations takes longer than usual.
The price does not explain it. Bitcoin Cash stands at $275.66 and has lost 0.76 percent over seven days, which is practically nothing. The cause lies in the computing power behind the network, and that has fallen this week. This piece sets out what has been measured, why it rights itself and which three places you can look at while it lasts.
Bitcoin Cash at $275.66: the week in numbers
Bitcoin Cash costs $275.66, as of Sunday, 3 a.m. Over seven days that is a loss of 0.76 percent, over 24 hours a loss of 0.55 percent. It is a quiet week, and it stands out because the month before it was anything but quiet: over 30 days Bitcoin Cash is up 17.1 percent.
The week ranged from $256.19 to $288.40. Between high and low there are 12.6 percent, on a weekly result of less than one percent. The coin has not run quietly, then; it has arrived where it star...
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