Litecoin, like Bitcoin, uses a “proof-of-work” security mechanism – relying on “miners” who expend computational resources to process transactions and secure the network. During that process, miners win rewards – a combination of variable transaction fees and a predetermined “subsidy” that gets halved approximately every four years. (With Litecoin, they happen every 840,000 transaction blocks, and the average time to generate each block is about 2.5 minutes.)
Bitcoin ETF Inflows Reshape Mining Sector Amid Geopolitical Tensions
With IBIT and FBTC dominating flows, institutional demand is reshaping Bitcoin’s mining infrastructure, efficiency frameworks, and global energy strategies through...