The 65 million Litecoin has been mined, leaving only 19 million LTC left

Already 65 million LTC have been mined. There are currently less than 19 million LTC minable, as reported by AZCoin News today, May 13.

Accordingly, on December 12, 2019 at 20:04:39 UTC, block 1,840,000 created the 65 millionth Litecoin, marking another milestone on the network. There are currently less than 19 million Litecoins mined, with half of that expected to be minted over the next four years. Litecoin was last estimated to be mined around 2142 due to the deflationary nature of the network.

According to data from blockchair, block 6,831 KB has been mined by LTC.TOP and has 19 transactions (18 of which are segwit type transactions) with 32 inputs and 38 moving outputs Ł90,97470744 ($ 3,835) (with average age 56,587 days) online.

The current network inflation rate according to is 4.13% which equates to ~ 7,200 new Litecoin being mined per day, and the current network hash rate is 182TH / s.

In August, Litecoin completed its second halving, reducing the block reward to 12.5 LTC. Before halving, LTC reached its highest level of the year at $ 140, however the price fell shortly thereafter and is currently trading at $ 42.2.

Leave a Reply