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BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report

Published 07/12/2019, 09:47 AM
Updated 07/12/2019, 10:01 AM
BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report
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The effect of block reward halvings for both Bitcoin (BTC) and Litecoin (BTC) mining could be mitigated by merged mining, according to a report by a research arm of major crypto exchange Binance released on July 12.

Following Charlie Lee’s prediction that some miners may shut down Litecoin mining after the halving, which is expected to take place on Aug. 5, 2019, Binance Research analyzed the potential of so-called merged mining to retain incentives for crypto miners.

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