Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $ 565 just before the halving but later recovering to around $ 676, marking an 11% increase for the day and nearly 20% for the week. The halving event, which reduced the reward …
This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease to 3.125 coins post-halving, a sharp drop from the current rate of 6.25 BTC per block. […]