Bitcoin Cash completes second-ever halving
There has been speculation in the lead-up to the halving, with the price of Bitcoin Cash increasing 147.85% over the past three months, though it has dipped over the last 24 hours.
The second ever Bitcoin Cash (BCH) halving has just taken place as of 10:45 pm UTC on April 3 at block height 840,000 — where miner rewards will now be chopped from 6.25 BCH to 3.125 BCH.
Bitcoin Cash is a proof-of-work blockchain network and cryptocurrency that was designed to be faster and cheaper to use than Bitcoin (BTC). The first Bitcoin Cash halving event took place on April 8, 2020, with miner rewards dropping from 12.5 BCH to 6.25 BCH.
There has been speculation in the lead-up to the halving, with the price of Bitcoin Cash increasing 147.85% over the past three months and 24% over the past 30 days.
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