- 05.03.2020

Bch halving date 2020

bch halving date 2020The Bitcoin Cash (BCH) network will face a halving on wednesday this week and many BCH proponents are getting ready for the big day. While some expect today's reward cut for BCH miners to belong-term Apr 8, at UTC Updated Jun 12, at UTC See also: Bitcoin Cash Approaches Milestone With First Halving Expected Wednesday.

Both coins have seen a slight price drop after source events, although BCH also saw a massive drop in hash power.

With the Bitcoin network receiving most of the miners who left BCH, the bch halving date 2020 own halving date moved closer.

Bch halving date 2020

The coin forked off in mid-November After a brief hash war that had a significant impact on the crypto industry, it went its own way. Now, it reduced its block rewards from 12,5 BSV per block to 6.

Bch halving date 2020

The same happened to BCH itself, and both coins went through their own halvings only a little over a month before BTC itself. Are you looking for fast-news, hot-tips and market analysis?

Bch halving date 2020

Sign-up for the Invezz newsletter, today. Both coins also have the same total supply as BTC itself — 21 million units.

Bch halving date 2020

Of course, block bch halving date 2020 halving is generally seen as a good thing for the blockchain. Bch halving date 2020 reduces the inflow of new coins into circulation, which should, in theory, increase their value.

Bch halving date 2020

However, it will likely be some time before this happens. Meanwhile, with mining being as expensive as it is, many are not willing or able to wait to see if the price will grow.

Bch halving date 2020

BTC halving date moves closer due to hash power surge It bch halving date 2020 currently unknown whether BSV will see the same development. However, the main concern right now is whether or not the same will happen to Bitcoin after bch halving date 2020 own halving.

Bch halving date 2020

Bch halving date 2020 a result, the coin is now mining blocks slightly faster, which was enough to move its halving date. Originally, the halving date was May 17th, bch halving date 2020 right now, this web page seems to have moved to May 11th.

Bch halving date 2020

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