How is the Bitcoin Cash production reduction time calculated?

The production reduction time of Bitcoin Cash can be calculated by the formula. The specific steps are as follows: Determine the block time (usually about 10 minutes) Determine the number of blocks for the next production reduction (current block number 210,000) Calculate the number of days (block time * next The number of blocks in one production reduction / the current number of blocks, divided by 1440) Example: The current number of blocks is 720,000, and the number of blocks in the next production reduction is 930,000. It is expected that Bitcoin Cash will reduce production in about 129 days.

Bitcash production reduction time calculation

Bitcoin Cash (BCH) is similar to Bitcoin and follows a process called "halving ” mechanism, that is, every 210,000 blocks, its block reward will be halved.

Formula

To calculate the production reduction time, you can use the following formula:

Production reduction time (days) = block time (minutes) * next time Number of blocks to reduce production/current number of blocks

Steps

1. Determine the block time: The block time of Bitcoin Cash is usually approx. for 10 minutes.
2. Determine the number of blocks for the next production reduction: Production reduction occurs every 210,000 blocks. To determine the next block count, add 210,000 to the current block count.
3. Calculate the number of days: Multiply the block time (in minutes) by the number of blocks for the next production reduction, and then divide it by the current number of blocks to get the number of minutes of production reduction time . Finally, divide the minutes by 1440 to convert to days.

Example

Assume that the current block number is 720,000, the next production reduction block number is 930,000, and the block time is 10 minutes:

Production reduction time (number of days) = 10 * 930,000 / 720,000 = 129.17 days

Based on this calculation, Bitcoin Cash production reduction is expected to occur after approximately 129 days.

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