Just 4 hours 20 minutes (215 blocks) left before the block reward for Zcash is cut in half, decreasing the payout for miners by 50%. Historically with other currencies, block halving events lead to increases in price to help the miners accommodate for their loss in profit.
I am curious what will happen and there is a beautiful "Bottom W" forming right now on the ZEC/USD charts. I am very excited, I will keep you all posted!
