Bitcoin Cash Gears Up for Halving and Upgrade: What Lies Ahead? With the
reward halving just around the corner, Bitcoin Cash (BCH) is making waves, surging 32% against the dollar in a week and a whopping 91% in a month. This surge is not only boosting BCH's value but also making
mining more profitable compared to Bitcoin (BTC).
The rising tide of anticipation has caused BCH's
hashrate to double in the last three months, reaching an impressive 7 exahash per second. With
30 mining pools backing the network, Viabtc leads the pack with a formidable 671.65 petahash per second.
In less than two months after the halving, BCH will undergo an
upgrade featuring CHIP 2023-04 Adaptive Blocksize Limit Algo. This change aims to strike a balance between scalability and stability, ensuring that any increase in block size aligns with actual transaction volume.
As these pivotal events unfold, the Bitcoin Cash community eagerly awaits what lies ahead. Will these develямopments solidify BCH's position and reshape its future in the ever-evolving world of cryptocurrencies? Only time will tell.
Stay tuned for more updates on this exciting journey!
