Ethereum Classic Halving (Reduction) 2024

202411aug11:12 PM11:13 PMEthereum Classic Halving (Reduction) 202411:12 PM - 11:13 PM(GMT+00:00) View in my timeEvent Type Ethereum Classic halvingHalving Block15 000 000Mining Reward After Halving2.048 ETC

Event Details

– Next Ethereum Classic Halving (Reduction) 2024

The third Ethereum Classic block reward halving is scheduled for August 8, 2024 (approximately). It’s not actually halving, it’s a 20% block reward reduction. For this upcoming Ethereum Classic reduction, the total number of Ethereum Classic mined by miners per block will be reduced from 2.56 ETC to 2.048 ETC. The Ethereum Classic reward halves every 5,000,000 blocks or it happens approximately every 2 years. Annual Ethereum Classic inflation is reduced significantly.

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Halving

3rd Ethereum Classic Halving

Halving Block

15,000,000

Mining Reward

2.048 ETC

Annual Inflation After Halving

3.37 %

Time

(Sunday) 11:12 PM - 11:13 PM(GMT+00:00) View in my time

Organizer

Ravencoin

Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another. Ravencoin is a protocol based on a fork of the Bitcoin code which adds features specifically focused on allowing tokens to be issued on the Ravencoin blockchain. These tokens can have whatever properties the issue of the token decides - so they can be limited in quantity, named and be issued as securities or as collectibles.

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