What is the Bitcoin Cash Halving? Bitcoin Cash Halving is the event where the number of generated Bitcoin Cash rewards per block will be halved (divided by 2). The total number of Bitcoin Cash mined by miners per block will reduce from 12.5 to 6.25 BTC in the next bitcoin halving. The number of Bitcoin Cash found per block will become more scarce and this halving reward ensures that Bitcoin Cash total supply will reach 21 million.
When is the next Bitcoin Cash Halving? Block #630,000
What is the significance of the Bitcoin Cash Halving? - If you are a trader, expect volatility during this period.
- If you are a miner, expect to earn lower mining rewards.
Is this the same as the Bitcoin Halving? o, Bitcoin and Bitcoin Cash are two separate cryptocurrencies with different blockchain network. We have a countdown timer as well for Bitcoin halving.
I'm sure I won't be lounging it, except for halving.
Friends, thanks for your likes and comments! Good luck with trading!