First Mega-Block Was Created On the Bitcoin Cash Network, 32 MB In Size

Bitcoin Cash,

in the run-up to its fork

, surprised and pleased everyone creating the biggest block on its chain ever. BMG mining pool managed to mine several 32 MB blocks on the

Bitcoin Cash

(BCH) network.

At 8 a.m. EST on November 10, the first block at a height of 556034 was processed by BMG mining company. It has approximately 31997,634 kB (31,99 MB) in size. This block has exceeded the size of ex-largest block mined on BCH chain ever (546423; 23,15 MB).

https://news.bitcoin.com/

Starting mining 32 MB blocks, BMG pool was happened to mine another three blocks. This event was spread in the social networks and forums at a speed of light. All crypto-related people were extremely excited and tested the new block. Results show that block 556034 confirmes a great amount of transactions, overcoming half of average amount of BTC transactions per day.

This event will definitely go down in history, and while everyone is celebrating it, we want to remind you

Subscribe to The Coin Shark news in Facebook:

https://www.facebook.com/coinshark/

https://thecoinshark.net/bitcoin-cash-history-and-prospects/