BTC mining rewards are about to be halved. What else will have halvings?

BTC mining rewards are about to be halved. What else will have halvings?

There has been a lot of buzz about the Bitcoin halving, set to take place in May, which will have an impact on the price as Bitcoin’s mining rewards are cut. It’s not the only PoW coin that will see a significant reduction in mining rewards next year, with BCH, Beam, and Zcash all set to experience similar events in 2020.
BCH
As issuance rates for some of the leading proof-of-work networks drop dramatically, cryptocurrency miners’ rewards are set to be cut in half next year. This will likely happen in mid-May for BTC and about a month earlier for BCH.
When both chains halve on schedule every four years, mining rewards will drop from 12.5 bitcoins per block to 6.25 bitcoins. That’s 1,500 fewer coins per day per network.
As the leading proof-of-work cryptocurrencies, BTC and BCH have been at the center of halving discussions in the crypto space. Historically, a reduction in mining rewards has been associated with an increase in price as miners face less selling pressure, so it is understandable why crypto investors are so interested in the topic.
Based on current prices, the BTC halving alone could reduce coin issuance by $12 million per day.
Beam
The Beam team has been busy lately, integrating atomic swaps into the Beam Wallet via a decentralized marketplace, marking the first time a privacy coin has been traded in this way for assets such as BTC. As it transitions to a decentralized organization, it also formed the Beam Foundation, whose core developers proposed Lelantus MW, a solution designed to enhance the anonymity of Mimblewimble.
On January 4th, Beam will experience a halving event, reducing the block reward from 100 to 50. After Beam’s first halving, the next event will not occur for another 4 years. The total supply of Beam will eventually reach 262,800,000.
Zcash
Also in 2020, Zcash will undergo its first halving. The event is expected to take place before the end of this year, four years after the first block was mined.
Like most PoW coins, ZEC’s release schedule is closely based on Bitcoin’s. When Zcash completes its halving approximately halfway through, the release rate will drop from 50 ZEC per block to 25 ZEC from now on. However, this particular halving is an event that zcash miners can look forward to, as 100% of the coinbase reward will be theirs after this. Currently, 10% of the funds go to the founders of the project.
There will be no shortage of talking points as 2020’s halving events loom large. However, whether these halvings correspond with increases in coin prices is anyone’s guess.
Halving is inevitable. Appreciation after halving is not guaranteed. (Coin Exploration)

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