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There is very little time left for the halving event of Bitcoin Cash ($BCH), which was separated from Bitcoin ($BTC) through a hardfork in 2017.
According to Nicehash data, Bitcoin Cash's halving will take place on April 4, 2024 (today) at approximately 02:16 Turkey time (UTC+3).
However, this may not be the exact time when the halving will occur because the calculations are arranged according to the number of blocks produced. $BCH is currently 839,993. block has been produced and the halving event is 840,000. It will take place on the block.
The performance of the $BCH price may have caused some disappointment in the last 24-hour chart before the halving. $BCH price has decreased by 8.41% in the last 24 hours. However, due to the halving effect, the price of the altcoin increased by 26% in the last month.
Bitcoin's halving event is planned to take place on April 20. It is thought that the mining and production of $BTC will end in 2140.
For Bitcoin Gold, another Bitcoin hardfork, the halving is expected to occur on April 23
coindesk.com
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