The 65 Millionth Litecoin has just been Mined.

On the 12th May 2020 at 20:04:39 UTC Block 1,840,000 created the 65 millionth Litecoin, marking another milestone on the network. There are now less than 19 million Litecoin to be mined. The last Litecoin is estimated to be mined around 2142 due to the deflationary nature of the network.

According to data from blockchair the 6.831 KB block was mined by LTC.TOP and contained 19 transactions (18 of which were segwit type transactions) with 32 inputs and 38 outputs moving Ł90.97470744 ($3,835) (with an average coin age of 565.587 days) over the network.

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

Image for post
Image for post

Money for the internet age ● Bringing you everything Litecoin

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store