Litecoin Clock

Block Halving ETA:

days

Date ETA:

grid
yellow line for home page yellow line for home page

What is the Litecoin Halving?

New litecoins are issued by the Litecoin network every ~2.5 minutes. For the first four years of Litecoin's existence, the amount of new litecoin issued every 2.5 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving".

In 2015, the amount of new litecoin issued every 2.5 minutes dropped from 50 litecoin to 25. In 2019, it dropped from 25 to 12.5. Now, in the 2023 halving, it will drop from 12.5 to 6.25.

What is the Significance of the Litecoin Block Halving?

The halving decreases the amount of new litecoin generated per block. This means the supply of new litecoin is lower.

In normal markets, lower supply with steady demand usually leads to higher prices. Since the halving reduces the supply of new litecoin, and demand usually remains steady, the halving has usually preceded some of Litecoin's largest runs.

What is the Litecoin Clock?

Bitcoin Clock is one of the most used Bitcoin halving trackers, run by us. So we decided to make a halving countdown for Litecoin as well!

Is the Halving Necessary?

The halving is necessary. This is how Litecoin controls its supply. Once the block subsidy expires, transaction fees will pay miners for securing the network.

What is the Current Litecoin Block Reward?

Currently, there are 12.5 new litecoin issued per block.