Only in a couple of days, Litecoin (LTC) will go through another halving. Halving is the operation that certain crypto coins go through during which mining rewards decrease in half in order to sustain the purchasing power of the digital currency.

Litecoin reward halving, just like Bitcoin, takes place once every four years. Right now, the mining reward for Litecoin is 25 coins, which will be lowered to 12.5 coins in four days.

Cryptocurrency halving can be compared to the measures that Central Banks take to combat sudden price shifts of traditional currencies.

This year the cryptocurrency experienced interesting price shifts as the price rose sharply in the first three months of the year. Soon, Litecoin price increased by 100 percent and reached a yearly high of USD 145 by the beginning of summer. However, in the following month it fell to USD 80.

The same pattern could be seen in 2015 during the coin’s halving. The price increased quickly only to drop before reward halving. Yet after that, Litecoin experienced stable growth. For many Litecoin investors, it seems like history is repeating itself.

However, as the profitability of Litecoin mining drops 5 percent it is expected that many miners will leave the network for others. During the last reward halving, the system went back to its normal pace in a matter of only two weeks.

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