Joseph Moore, according to coverage from Barron's and Benzinga, suggested in a new report published this week that a mixture of network upgrades - including a decline in
the overall block reward on the ethereum network from 5 ETH to 3 ETH - would have a tangible impact on miners, who engage in an energy - intensive process to create new transaction blocks.
Not exact matches
While the reality of the situation is more complex than this, the
overall dynamic should hold up — at least until and unless Bcash
block rewards become more valuable than Bitcoin's.
The second - ever Bitcoin
block reward halving is estimated to take place in a little under two weeks, and the
overall effects of this event are still somewhat of an unknown.