# Announcement on PEP and LKY Halving Dear Miners, The PEP network has reached block height **600,000**, completing its final block reward halving. The block reward has been reduced from **15,625 PEP** to **10,000 PEP**. Please take note of this change. 👉 Learn more about the PEP halving:\ Meanwhile, **LKY** is set to undergo a halving at block height **500,000**. The block reward will decrease from **5.5 LKY** to **2.75 LKY**, expected to occur on **July 5, 2025 (HKT)**. Your mining revenue will be adjusted accordingly after the halving. Please stay informed. 👉 Learn more about the LKY halving:\ Thank you for your continued support of SpiderPool! If you have any questions, please contact our official customer service or email us at ****. SpiderPool\ July 1, 2025 Twitter：[ SpiderPool Twitter](https://x.com/SpiderPool_com) Telegram：[ SpiderPool Telegram (中文)](https://t.me/spiderpool_cn),[ SpiderPool Telegram (English)](https://t.me/spiderpool_en),[ SpiderPool Telegram（Русский）](https://t.me/spiderpool_ru) LinkedIn：[ SpiderPool LinkedIn](https://www.linkedin.com/company/spiderpool-official/posts/?feedView=all) Support： Marketing：