Litecoin halving.Counted from the chain.

The fourth Litecoin halving happens at block 3,360,000, which falls in mid-2027. At the average block time we measured over the last 4,050 blocks (150.2 seconds), it would arrive around 28 July 2027. The estimate moves as the block time changes, so check back closer to the date.

The new coins created with each block are cut in half: from 6.25 LTC to 3.125 LTC per block. Transaction fees, the 2.5-minute block target and everything else about the network stay the same.

Every 840,000 blocks. At the target of one block every 2.5 minutes that is roughly every four years. Blocks have usually come a little faster than the target, so halvings have arrived earlier than four calendar years.

Halving 1 at block 840,000 on 25 August 2015 (UTC), when the reward fell from 50 LTC to 25 LTC; Halving 2 at block 1,680,000 on 5 August 2019 (UTC), when the reward fell from 25 LTC to 12.5 LTC; Halving 3 at block 2,520,000 on 2 August 2023 (UTC), when the reward fell from 12.5 LTC to 6.25 LTC.

The halving is tied to a block height, not a date. Miners find blocks at random intervals that average close to 2.5 minutes, and the average drifts when hashrate changes faster than the difficulty adjusts. We multiply the blocks left by the average block time actually measured on the chain, and we show how that average was measured.

The subsidy schedule issues 83,999,999.9076 LTC in total — the familiar "84 million" cap, a little under it because each halved reward is rounded down to whole litoshi.

No rule about fees or block times changes. Miners earn less new coin per block, so fees become a larger share of their income over time; the difficulty still retargets every 2,016 blocks to keep blocks near 2.5 minutes.