Saturday, 18 May 2019

BCH halvening, ok, BTC halvening...?

BCH will reach the next halvening next summer. The DAA will quickly adjust to keep the chain economically viable to mine while PoW will be cut in half "over night" when miners will move to other Sha256 coins to reach equilibrium.

Soon after this BTC halvening will occur. The BTC chain does not adjust quickly, but miners will. How will this play out? Will miners really mine at loss until the next difficulty adjustment, or will a substantial amount of miners start mining BCH?

Is my thinking flawed, or is this going to be a key moment in Bitcoins history?

submitted by /u/sq66
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source https://www.reddit.com/r/btc/comments/bq1kmm/bch_halvening_ok_btc_halvening/

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