Many Bitcoin Cash miners stopped mining because of this drop in revenue. As a result, we have seen that the hash rate in the BCH network is beginning to drop rapidly. Even on the day of this halving, it reached such a serious level that no block was dug for 2 hours after the halvingdeon. No need to worry It is thought that many Bitcoin Cash miners switched to Bitcoin after halving and started digging Bitcoin. BTC miners are still receiving 12.5 BTC as a reward, as Bitcoin’s halving will be around mid-May. So, for now, Bitcoin mining can be more profitable than Bitcoin Cash mining. Roger Ver, one of the toughest supporters of Bitcoin Cash, says there is no need to worry right now. Speaking about the decrease in the hash rate of Bitcoin Cash, Ver thinks that there are more important things than the hash rate and the hash rate will improve over time. “Hash rate varies according to price movements. The drop in the hash rate doesn’t worry me. I think the real problem is about making it easier for people to use cryptocurrencies. This should be our main goal. Hash rate is just a small part of this. ” Long Term Plan Saying the hash rate is not as important as it is thought, Roger Ver believes that the usage areas of cryptocurrencies are more important. In his opinion, people vs. the hash rate. they should think about how they can spread cryptocurrencies to larger masses. According to Roger Ver’s statements, in order to increase the use of crypto money worldwide, it is necessary to develop suitable tools and platforms. In this way, Roger Ver says that the demand for cryptocurrencies will increase and the price will follow: “Like everything in the world, the price of cryptocurrencies is determined by supply and demand. So my long-term plan is to increase the demand for Bitcoin Cash and other cryptocurrencies. For this, crypto money must be used in daily life. So we have to develop new tools for people to use cryptocurrencies. ”
