Bitcoin Cash "halving event" could cause many miners to give up

Bitcoin Cash, which forked off from Bitcoin back in 2017, has reduced its block rewards by half, leading many cryptocurrency miners to see their gross margins drop to nearly zero.The world's fifth-largest cryptocurrency network by market capitalization recently reached block height 630,000 and this led to the so-called “halving” event that reduced the network's mining reward from 12.5 Bitcoin Cash per block to just 6.25.As a result of the halving, miners competing for block rewards o