The Bitcoin Cash (CRYPTO:BCH) network recently underwent a significant milestone with its halving event at block height 840,000, reducing the mining reward from 6.25 coins to 3.125 coins per block.

This event, integral to BCH's economic model, aims to combat inflation and maintain scarcity by slowing down the rate of new coin generation.

The halving not only affects miners' earnings, effectively cutting them in half, but also holds implications for the network's economic sustainability.

Moreover, it sets the stage for upcoming network upgrades slated for May, promising enhancements in efficiency, security, and overall performance.