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Bitcoin Cash vs Chainlink comparison

Symbol

BCH
LINK

Supply

Despite their philosophical differences, Bitcoin Cash and Bitcoin have various technical similarities. Bedsides using the same consensus mechanism, they both have capped their supply at 21 million. Having limited supply would have an impact on its value.

Chainlink is an Ehtereum-based token, and it has a fixed/limited supply. Its maximum supply limit is 1 Billion.

Market Cap

As of 27 June 2021, the market cap is Rs. 633.5B.
As of 27 June 2021, the market cap is Rs. 548.2B

Year Founded

2017-08-01
2017-01-01

Founder

Bitcoin activists, investors, entrepreneurs, developers, and miners
Sergey Nazarov, Ari Juels, and Steve Ellis

Block Time

10 minutes
5 Minutes

Mining Process

The mining process of Bitcoin Cash is very similar to Bitcoin. During the early days of Bitcoin mining, not many computers were able to mine, and it was not also possible to mine with normal laptops and desktops using the available CPU power. In the later years, people realised they could use their graphics cards (GPUs), which were more powerful than CPUs. Thus, they began to develop mining software. As time went by, more development occurred in the mining community, the miners began using Field Programmable Gate Arrays (FPGAs) and dedicated computing rigs, ASICs (Application Specific Integrated Circuits), to maximise the mining performance and efficiency. This is the case for BCH and has resulted in an astronomical hash power for the network.

Although it is possible to mine Chainlink on a computer, one should consider investing in the ASIC mining setup. However, the best way to mine Chainlink is the GPU.


More comparisions with Bitcoin Cash

More comparisions with Chainlink

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