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20 Days
Antminer S19Pro 20Days
BTC-Activity
Service Fee
The service fee refers to the operation and maintenance expenses incurred by 1024Mining to ensure the stable operation of the mining machine.
$0.0439/TH/Days
Hashrate fee
Cloud computing power fees refer to the fees paid when purchasing computing power through cloud services.
$0.0298/TH/Days
Sold 30%
$14.74
$17.36
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Countdown to Bitcoin
production reduction.
Estimated date of reward delivery:
27 March 2024, 20:50 UTC
840,000
event block height
806,145
current block height
583.0
block time
BTC 0.007759
Trading price
BCH 4.45 m
total market
402.631 m
difficulty

What is a Bitcoin Cash block halving event?

Block halving events happen every 4 years or 210,000 blocks on Bitcoin Cash blockchain. The current block reward is 6.25 BCH, the next block reward will be 3.125 BCH. This lowers the rate at which Bitcoin Cash is generated. The halving is periodical and is programmed into Bitcoin Cash’s code.

Why was this done?

Conventional FIAT currencies allow governments or banks to print money and cause inflation. In Bitcoin Cash’s case, the total supply will be maxed out at 21,000,000 BCH. Printing extra money causes inflation, if there is no extra money printed, the value of the Bitcoin Cash should increase as the demand will rise (more people will start to use Bitcoin Cash) and supply will lower or stay flat (no more Bitcoin Cash is “printed”). This makes Bitcoin Cash similar to gold, which has limited supply and cannot be “printed” or artificially created.。

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