The ETC network has completed the production cut, and the block reward has been reduced from 2.56 ETC to 2.048 ETC.
2024-05-31 12:09:56
On May 31, 2024, the Ethereum Classic (ETC) network has successfully completed the production reduction ("Fifthening"), and the block reward has been reduced from 2.56ETC to 2.048ETC. This halving occurs in blocks with a height of 20000001, which is packaged by K1Pool; the last block before the halving is packaged by F2Pool. At present, the computing power of the entire ETC network is about 180T, and it has continued to rise steadily by about 50% in the past year.
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