Two big bitcoin mining pools have started mining Bitcoin Cash while its price fell down to $682.

BTC.com added Bitcoin Cash mining on 20 August, and Antpool, the world's biggest bitcoin mining pool, followed it by mining its first Bitcoin Cash block #480084.

As of 21 August, the Bitcoin Cash tokens are trading at $682 per coin, having fallen in price by 16.3% per 24 hours. The capitalization of the alternative bitcoin network reached $11.3 billion.

The price growth of Bitcoin Cash began on 17 August, when it was trading at approximately $300. On 19 August, Bitcoin Cash peaked at $996.96.

The explosive growth of the Bitcoin Cash price is due solely to speculation, George Kikvadze, vice-president of the mining equipment producer BitFury, believes. In his twitter, he listed five signs that “BCC/BCH is a massive pump”:

“— one entity mining 95%

— ASW nodes

— NO ONE is using it

— “elementary school level” developers

— ADIBAS.”

Kikvadze also added that a sharp rise in the price of Bitcoin Cash could also end abruptly: “If you are a Chinese entity(ies) pumping BCH, my advice is to pray 24/7 the pump does not collapse... The Ministry of Public Security will find you.”

Kikvadze previously wrote that he sold his Bitcoin Cash funds at $668 per coin, adding that he thanks “all the fools that bought it.”