Litecoin

Dogecoin

Rewards

Coin

<ul class="news-points"> 
 <li><strong>Shan Belew shared on Twitter that LTC and DOGE miners only saw a 20% reduction in the daily block rewards after the LTC halving.</strong></li> 
 <li><strong>Due to Dogecoin’s continuous block rewards system, DOGE remains the primary source of rewards for miners.</strong></li> 
 <li><strong>Both LTC and DOGE saw their price decline over the past 24 hours.</strong></li> 
</ul> 
<p>After the Litecoin (LTC) halving, both Litecoin and <a href="https://coinedition.com/tag/dogecoin-doge/" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> miners experienced a reduction in their daily block rewards by around 20%, according to a Twitter post shared by Litecoin enthusiast Shan Belew.&nbsp; However, despite the reduction, Dogecoin still contributes a significant portion of the total block rewards for miners of both <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">cryptocurrencies</a>.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Litecoin &amp; Dogecoin miners only saw a reduction in the daily block rewards by 20% after the Litecoin halving. <br><br>Dogecoin still makes up the majority of the block rewards right now for Litecoin and Dogecoin miners. <br><br>This is why hashrate continue to climb even after the halving.… <a href="https://t.co/jFezmyXuX6" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/jFezmyXuX6</a></p>— Shan Belew 
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   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f578.png" alt="🕸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MASTERBTCLTC) <a href="https://twitter.com/MASTERBTCLTC/status/1687307511244730368?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 4, 2023</a> 
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<p>The post also pointed out that, due to Dogecoin’s continuous block rewards system, it remains the primary source of rewards for miners even after the halving. Thi…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/doge-rewards-drive-network-hashrate-after-the-ltc-halving/">DOGE Rewards Drive Network Hashrate After The LTC Halving</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

DOGE Rewards Drive Network Hashrate After The LTC Halving

Coin Edition

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