The 64 millionth Litecoin has been mined

Franklyn Richards, director of the Litecoin Foundation, said in a post that at 20:50 on December 26, Beijing time, BTC.com mined the 64 millionth Litecoin at block height 1,760,000, which is an important milestone on the Litecoin network. There are less than 20 million Litecoins to be mined, and half of them are expected to be mined in the next four years. In addition, the last Litecoin is estimated to be mined around 2142. According to litecoinblockhalf data, the current Litecoin network inflation rate is 4.19%, which is equivalent to mining about 7,200 new LTCs per day. Data shows that Litecoin is expected to halve again on August 6, 2023.