Litecoin next block halving

If you are a miner that has invested in hardware and even now wants to shell out back for the hardware prior to starting to make profit, then an event this kind of as the halving of the block reward are not able to be ignored.There are plenty of room for discussion, but one thing has to be said: Litecoin has been holding strong for four years now, and it looks like it will continue for many years to come.

The Bitcoin Block Halving | Genesis Mining

However in recent years, opinions have been divided as to whether Litecoin is bringing anything new to the table or just riding the coattails of Bitcoin.Litecoin and Ripple - are. will shrink next month due to the expected halving of its mining blocks around July 10 and the deepening.Please enable JavaScript to view the comments powered by Disqus.

Litecoin Block Reward Halving Countdown - Litecoin

The next halving. price fintech IBM india japan litecoin mark karpeles microsoft mtgox mt gox.On 25 August 2015, Litecoin will go through a big milestone where its block reward will halve for the first time from 50 LTC to 25 LTC.

This pre-announcement ensured a fair launch and distribution of coins, something that was greatly appreciated by the virtual currency community back then.

Litecoin Halving: Impact on Exchange Rate, Mining

They have even created an educational video on it, you can observe the clip embedded in this post.Why Litecoin Might Be Your Best Investment In 2015. with 25 litecoin for each block discovered instead of 50.Unlike fiat currencies, where additional money can be printed at the whims of central banks, Litecoin and other virtual currencies rely on miners to bring additional coins in circulation.

How the Halving Process Affects the Bitcoin Currency

Its developers have also been hard at work improving the source code judging from its Github activity.

Project Announcements Project Announcements are for announcing your Litecoin-related projects, including mining pools, hardware, wallets, exchanges etc.A website counting down until the next block halving happens.

What is the ‘Halving’? A Primer to Bitcoin’s Big Mining Change

While the point still stands the rise was aided by: bitcoins block debate and price.New potential users of Litecoin. and this increase in demand for Bitcoins in circulation can create a virtuous cycle in anticipation of the next block-reward halving.

Litecoin Wiki

But what is also important is that the block reward will fall ahead of the next halvings for Litecoin.With block rewards halving at regular intervals, the total amount of LTC will be increasing at a slower pace, without devaluing the existing coin supply.Litecoin has survived long enough that its price is just secondary to its overall growth though it will be interesting to watch Litceoin price movements in the coming days with the block reward halving happening.

Litecoinblockhalf has the lowest Google pagerank and bad results in terms of Yandex topical citation.Email check failed, please try again Sorry, your blog cannot share posts by email.On October 23rd, Litecoin was officially released to the public on the Bitcointalk forum.The Bitcoin Block Halving is a central part of the. it will be 1,800 per day until the next halving in four. like the Litecoin halving of August.The financial aspect is a major part of Litecoin and its technology, yet the possibilities have far wider implications.