When Litecoin was launched in 2011, miners received 50 litecoins ( LTC) for successfully mining a block. That reward (called a “subsidy”) is halved every 840,000 blocks (roughly every four years).

Litecoin Foundation acquires 9.9% of Germany's WEG Bank and agrees to provide its world-class technology and marketing expertise to TokenPay and its several blockchain initiatives, including ...