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Litecoin LTC
611
Price BTC
0.011760865
ETH
0.428677424
USD
133.251589296
1h
-0.18%
24h
-1.57%
7d
-0.20%
24h volume, BTC
369K
USD
4.19B

Litecoin LTC: Block Reward Halving

187
Reliable source
Important event
Event added 9/7/2018 2:01:31 PM
General
August 7, 2019 Source
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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.

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