Categories: News

Half the Bitcoin Cash block reward had negative effects

Half the Bitcoin Cash block reward had negative effects on the network hash rate.
This decreased by 30% compared to the values ​​recorded in mid-February. As a result, according to the decrypt, it now costs just $ 7500 per hour (about a Bitcoin) to make a 51% attack on the network.

Most of the BCH miners have left the network in favor of BTC mining because it is more profitable. Even the Bitcoin.com mining pool, owned by BCH supporter Roger Ver, has reduced its hash rate by 90% from halving.

Meanwhile, the price of Bitcoin Cash rose slightly on the day of halving, reaching nearly $ 280 on April 8. Since then, a correction has been registered and currently BCH is trading at $ 236.

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