Report: After BCH and BitcoinSV halving, more computing power will shift to BTC
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According to AMBCrypto, CoinMetrics’ latest report believes that the halving of block rewards for BCH and BitcoinSV will force miners to allocate more computing power to Bitcoin. The report states that in about a month, Bitcoin will have a block reward of 12.5 units (BTC), instead of 6.25 for BCH and BSV. The three assets share the same "SHA-256" mining algorithm, and miners can quickly redirect computing power to assets that provide the highest return on investment. Therefore, it is expected that the difficulty of Bitcoin mining will increase, which will further squeeze the profit margins of all miners. It is understood that BCH is expected to halve in the early morning of April 9, and Bitcoin SV is expected to halve on April 10. |
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