April 10, 2020 Bitcoin SV experiences halving event.

The Bitcoin SV network experienced its halving event at 00:50 UTC on Friday, after its 630,000th block was mined. As a result block rewards have been cut by 50% from 12.5 BSV to 6.25 BSV per block. The event was proceeded by Bitcoin Cash’s halving on Wednesday with Bitcoin expected to experience its halving on May 13. Since the beginning of February Bitcoin SV’s hash rate and price have fallen significantly, with the network hash rate decreasing by 25%.