Cryptocurrency Q&A
What is the reward per block of Bitcoin cash?
What is the reward per block of Bitcoin cash?
CryptoChampion
Tue Nov 26 2024
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6
answers
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I'm interested in understanding the reward system of Bitcoin cash. Specifically, I want to know how much reward is given out for each block mined in the Bitcoin Cash network.
6 answers
BusanBeautyBloomingStar
Thu Nov 28 2024
This reward varies over time and is adjusted according to the network's protocol.
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Silvia
Thu Nov 28 2024
Initially, the reward was set at a high amount to incentivize miners to join the network.
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CryptoAlchemy
Thu Nov 28 2024
As time goes on, the reward halves every four years, a process known as halving.
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Paolo
Thu Nov 28 2024
The reward for mining a block of Bitcoin Cash is a crucial aspect for miners to consider.
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PulseRider
Thu Nov 28 2024
This halving event ensures the scarcity of Bitcoin Cash and helps maintain its value.
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