The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s reward halving in different ways, so people can monitor the data and prepare for halving parties.
Clocks and Data Sites So You Can Monitor the 2020 Halving Countdowns
The great halvings are approaching and in 2020 it will be the first time in history three SHA256 networks will see reward halvings around the same time. When Satoshi Nakamoto created Bitcoin he made it so the block mining reward halves every 210,000 blocks. When the network was first launched, miners got 50 BTC for every block they found and the rewards halved for the first time on November 28, 2012.
Then another 210,000 blocks later on July 9, 2016, the BTC block reward halved again from 25 BTC to the current 12.5 BTC reward. From this point on and after the escalated scaling debate, there are now three powerful SHA256 networks (BTC, BCH, and BSV) that leverage the same consensus algorithm. All three of these networks have mining operations processing blocks from the three blockchains whenever one is more profitable than the other. Because of the network switching factor based on profitability, people are extremely curious about what will happen with all three SHA256 networks during the halving events. Read More...