Santo Mining Corp (SANP)

[Toasterbangbang]

Skinnyman1967 Bitcoin Cash: Bitcoin cash was a fork of Bitcoin that sought to increase transaction efficiency by increasing the size of the blocks which are added to the block chain. Because more transactions could be added to each block you could essentially transact faster. Currently Bitcoin is one of the slowest and relatively inefficient methods of transacting cryptocurrency because of self imposed limitations on how the currency is generated. Because Bitcoin Cash is a fork of bitcoin it uses the same algorithm in its processing (SHA-256) which current ASIC (Application specific integrated circuits) miners can chose to mine.

This is an effort to make bitcoin a more spendable currency. As in, If you bought a coffee with bitcoin right now it would probably take you 20 minutes of waiting around till the transaction settled... which makes it something you would not adopt as a transactional currency.

In my humble opinion you don't want reserve currencies the same thing as transactional ones... but there are people here that probably have deeper understandings of this...

Unfortunately for Bitcoin cash is that there are better more efficient methods of doing this already (see Nano (I actually accept this at my online business) , See SiaCoin, See Ripple (for banks))

Because of the relative network difficulty it is more profitable (by a few percentage points) to mine Bitcoin Cash. Miners, Especially gigantic mining pools like Canoe Pool, run daily if not hourly mining efficiency calculations and I am sure mine both...