Litecoin Just Halved Its Crypto Rewards for Miners | Crypto Craft

  • Litecoin Just Halved Its Crypto Rewards for Miners

    From coindesk.com

    Litecoin (LTC), currently the fourth-largest cryptocurrency by market capitalization, has just reduced its block reward for miners by half. The litecoin blockchain reached the trigger block height of 1,680,000 at 10:16 UTC on Monday, according to the litecoin explorer from mining pool operator BTC.com. The event marks a major threshold for miners, as the litecoin network is designed to reduce its mining rewards by half every 840,000 blocks (roughly every four years). For this “halving,” the mining reward for every block has been reduced from the previous 25 LTC to 12.5 LTC. Given the block production time on the ... (full story)

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TudorIoan
Aug 5, 2019 11:07am
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Quoting Hasher
{quote} Probably delayed, the impact isn't immediate so we shouldn't expect an immediate price reaction.
Come on, Hash, impact has been priced in for a couple of green days ahead.
Cheers
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TudorIoan
Aug 5, 2019 9:51am
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Where's the big dick on the charts?!?
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Hasher
Aug 5, 2019 10:21am
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Quoting TudorIoan
Where's the big dick on the charts?!?
Probably delayed, the impact isn't immediate so we shouldn't expect an immediate price reaction.
Reply
cryptocow
Aug 5, 2019 10:01am
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The miners should just give up and mine DOGE; it will never half.
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