Last Week’s News (issue #2) On Monday, August 5th, The Litecoin block reward was…

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2780) · August 11, 2019

Last Week’s News

(issue #2)

On Monday, August 5th, The Litecoin block reward was reduced from 25 LTC to 12.5 LTC at block height 1,680,000.

The Litecoin block reward is reduced by 50% every 840,000 blocks.

Replies

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2780) · August 11, 2019

At the time of the halving, Litecoin's price was $99.36 (CoinMarketCap). At press time, Litecoin is valued at $89.99--about a 9.5% decrease from its price at the halving.

1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2780) · August 11, 2019

The next halving will occur at block height 2,520,000 and is expected to take place in August 2023.

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1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE (2780) · August 11, 2019

With a block generation time of 2.5 minutes and a block reward of 12.5 LTC, about 7,200 LTC are expected to be minted into circulation per day.

(There are currently 63,040,788 in circulation and the total Litecoin supply is 84,000,000.)