Litecoin LTC: Block Reward Halving

Litecoin's block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins.

Decreasing a block reward means that miners supporting the cryptocurrency mainnet will receive a lower reward for found block. Typically, the block reward is halved and leads to a decrease in cryptocurrency emission, which can positively affect the growth of its value.