Sunday, 10 November 2019

Is the halving in 2020 a problem for BCH?

The current outlook is, that BCH will have its halving 36 days earlier than Bitcoin. Because BCH and Bitcoin use the same hashing algorithm, it will become twice as profitable for miners to mine Bitcoin. That means BCH miners could earn double when switching to Bitcoin mining.

A blockchain is secured by decentralised miners. What is BCH going to do until the halving to mitigate the risk of losing a lot of hashing power after the halving?

submitted by /u/cloudgorilla
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source https://www.reddit.com/r/btc/comments/du907h/is_the_halving_in_2020_a_problem_for_bch/

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