Block reward drops from 6.25 LTC to 3.125 LTC at block 3,360,000
| Halving | Date | Block | Reward After | LTC Price | Price 1yr Later |
|---|---|---|---|---|---|
| 1st | Aug 25, 2015 | 840,000 | 25 LTC | ~$3 | ~$4 |
| 2nd | Aug 5, 2019 | 1,680,000 | 12.5 LTC | ~$100 | ~$58 |
| 3rd | Aug 2, 2023 | 2,520,000 | 6.25 LTC | ~$90 | ~$65 |
| 4th | ~Jul 2027 | 3,360,000 | 3.125 LTC | ? | ? |
LTC price normalized to 100% at halving date — 6 months before and after each event
A Litecoin halving is a predetermined event coded into the Litecoin protocol that cuts the block mining reward in half every 840,000 blocks, roughly every four years. When the Litecoin network reaches block 3,360,000, miners will receive 3.125 LTC per block instead of the current 6.25 LTC. This mechanism ensures that Litecoin's total supply never exceeds 84 million coins.
Halvings are a core part of Litecoin's deflationary monetary policy. By reducing the rate at which new coins enter circulation, each halving event tightens supply. Historically, halvings across proof-of-work cryptocurrencies have been associated with increased market attention and price volatility, although past performance does not guarantee future results.
For miners, a halving means their revenue per block is cut in half overnight (assuming a stable LTC price). This puts pressure on less efficient mining operations and can lead to a temporary decline in hashrate until market conditions adjust. Over time, only the most efficient miners tend to remain profitable.
Litecoin has already undergone three halvings: in August 2015 (50 to 25 LTC), August 2019 (25 to 12.5 LTC), and August 2023 (12.5 to 6.25 LTC). The fourth halving is expected around July 2027. After all 84 million LTC are mined (estimated around the year 2142), miners will rely solely on transaction fees.
Want to learn more? Read our in-depth Litecoin Halving Guide or explore our Litecoin Mining Guide 2026 to understand the impact on mining profitability.