Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Zcash halving in Nov 2024 cuts miner rewards by 50%, tightening supply and impacting mining economics.

Protocol Fundamentals
19 Jun 2026
Blockonomi
View Source
Neutral
pluang ai news

On November 23, 2024, Zcash underwent its second halving, reducing block rewards from 3.125 ZEC to 1.5625 ZEC, effectively cutting miner earnings by half. Miners now receive only 80% of the block reward, with the remainder allocated to community grants and governance. This halving slows new ZEC supply growth, with about 16.7 million of the 21 million cap already mined by mid-2026. The next halving in late 2028 will further reduce rewards to 0.78125 ZEC, increasing supply scarcity and pressuring mining profitability, especially for higher-cost operators.

More News

Vanguard announces June 2026 cash distributions for multiple Canadian-listed ETFs.

Vanguard announces June 2026 cash distributions for multiple Canadian-listed ETFs.

Vanguard Investments Canada Inc. announced the final cash distributions for June 2026 for several Vanguard ETFs listed on the Toronto Stock Exchange. Unitholders of record on June 26, 2026, will receive payments on July 6, 2026, with distribution amo...

Company Fundamentals
Neutral
1 hour ago
Two student entrepreneurs from NY Metro advance to NFTE national competition in NYC this fall.

Two student entrepreneurs from NY Metro advance to NFTE national competition in NYC this fall.

Two student entrepreneurs, Brandon Garcia and Abiha Haider, won the NFTE New York Metro Youth Entrepreneurship Showcase and will advance to the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Brandon's business, ProspectPath...

Others
Neutral
3 hours ago
Teamshares completes merger with Live Oak Acquisition Corp. V, raising $126.5M in new capital.

Teamshares completes merger with Live Oak Acquisition Corp. V, raising $126.5M in new capital.

Teamshares Inc. finalized its business combination with Live Oak Acquisition Corp. V after shareholder approval on June 16, 2026. The deal included a $126.5 million capital raise through a PIPE investment from institutional investors and Teamshares m...

Company Fundamentals
Bullish
3 hours ago
US defense firms face pressure to close readiness gap amid rising Pentagon budgets for missiles and rare earths.

US defense firms face pressure to close readiness gap amid rising Pentagon budgets for missiles and rare earths.

US defense companies are under significant pressure to address a 'readiness gap' as Pentagon demands for equipment and munitions lag years behind. The FY 2027 budget allocates $114 billion for missiles and munitions and over $100 billion for defense ...

Market News
Bullish
4 hours ago
Red Chris mine gets key approvals to shift to block cave mining, extending life to mid-2040s.

Red Chris mine gets key approvals to shift to block cave mining, extending life to mid-2040s.

The Red Chris mine in British Columbia has received major regulatory approvals to transition from open pit to block cave mining, allowing operations to continue into the mid-2040s. This move, supported by the Tahltan Nation and provincial authorities...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App