BCH Miners Confirm Five BCH in New Difficulty Adjustment52
On Saturday, at block height 774,144, BCH miners confirmed five BCH worth $1,300 in the block subsidy reward. This has been the standard block reward since April 2019, when the BCH network’s final reward halving took place. Prior to that, BCH miners received 12.5 BCH per block for nearly two and a half years.
The BCH hashrate is currently 1.27 exahash per second (EH/s), and the network difficulty has been relatively stable over the last few months.
BCH mining is currently dominated by large mining pools, with the top five pools accounting for over 90% of the total hashrate. This has led to concerns about centralization, as a small number of pools could potentially collude to manipulate the network.
However, BCH is still a relatively decentralized network, and there are a number of smaller pools that are contributing to the network’s hashrate. This helps to ensure that the network is not completely controlled by a single entity.
The BCH price has been relatively stable over the last few months, and it is currently trading at around $260. This is well below the all-time high of over $4,000 that was reached in December 2017, but it is still well above the low of $58 that was reached in March 2020.
The BCH network is continuing to grow and develop, and it is likely that the price of BCH will continue to rise in the long term.
Here are some additional details about the BCH network:
The BCH block time is 10 minutes.
The BCH block size is 32 MB.
The BCH network uses the SHA-256 hashing algorithm.
The BCH network is secured by a proof-of-work consensus mechanism.
The BCH network is supported by a number of exchanges and wallets.
Conclusion
The BCH network is a growing and developing blockchain network that is well-suited for a variety of use cases. The BCH block reward is currently five BCH per block, and the network difficulty is relatively stable. BCH mining is currently dominated by large mining pools, but there are a number of smaller pools that are also contributing to the network’s hashrate. The BCH price has been relatively stable over the last few months, and it is likely that the price of BCH will continue to rise in the long term.
2025-02-13
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