All of us knows about coming BTC halving, but what about forks halvings?
🛠 The halving system is also used in one of the Bitcoin Forks - Bitcoin Cash. Bitcoin Cash, at the time of separation had the same block reward as Bitcoin - 12.5 coins. BCH issued its 210,000 block on April 8, 2020, which caused rewards to go down to 6.25 BCH per block. Due to a decrease in the hashrate, it can be stated that a certain number of miners stopped working with this currency, because of the reward decrease although this phenomenon may be short-lived.
✏️The difference between BTC and BCH is that Bitcoin has bigger capitalization and hashrate so events like halving shouldn't affect the price as much as we have seen in post-halving period of BCH.
Bitcoin Halving is being due May 12th.
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