In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashrate to the Litecoin blockchain as the critical halving deadline draws near.
Litecoin Reward Halving Draws Near
Over the last two weeks, litecoin (LTC) has seen a notable descent, depreciating approximately 17% in value against the U.S. dollar. However, casting the gaze back a full month reveals a contrasting picture, with LTC capturing a gain of roughly 18%. In just 15 days, the Litecoin network stands on the precipice of its third halving.
History shows us a pattern with the first two reward reductions taking place on August 25, 2015, and August 5, 2019, respectively. This forthcoming third halving is set to shrink the miners’ rewards from a substantial 12.5 LTC per block to a more modest 6.25 LTC. In contrast to Bitcoin’s average block int
We współpracy z: https://news.bitcoin.com/litecoin-on-the-brink-of-third-halving-record-hashrate-and-profitable-mining-despite-17-value-dip/
