Bitcoin Cash’s Halving Just Occurred, and Its Price Isn’t…

News BTC | Apr 8, 2020 at 1:02 PM
  • Just minutes ago, the latest block reward reduction or “halving” of Bitcoin Cash (BCH) transpired.
  • With this, the block reward provided to the miner of a BCH block was dropped from 12.5 coins to 6.25, a decline of 50%, hence “halving”.
  • Since the halving at block 630,000, which took place 37 minutes ago as of the time of this article’s writing, not a single Bitcoin Cash block has been mined, suggesting miners have turned off their machines in response to the drop in block rewards.