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The block mining rewards for BCH and BSV coins using the SHA256 algorithm were halved earlier in April. The BCH hash r…
The block mining rewards for BCH and BSV coins using the SHA256 algorithm were halved earlier in April. The BCH hash rate decline started on April 8, which led to a reduction of more than 1,000 PH/s on average. BSV experienced a similar drop on April 9, but it was sharper.
The diminishing trend is a sign of unprofitable miners shutting down. The hash rate in these two blockchains on the chart has a sawtooth shape. This is probably due to miners manipulating the difficulty adjustment algorithm.