Litecoin Lifts Its Hashrate to All-Time High with LTC Price Rising on the News

Wed, 06/05/2019 - 09:45
Yuri Molchan
‘Digital silver’ seems to be ahead of Bitcoin and other top-line crypto assets in terms of rising its hashrate, new report says
Cover image via reports that LTC is currently the only coin that is raising its hashrate, taking it to a new all-time high.

This coin has been extensively bullish recently, along with Bitcoin and all other crypto market.

Ethereum, Bitcoin Cash and Monero, among others, are not even coming close to that. The fact that Litecoin is progressing in the hashrate increase, along with the expectation of a new halving in August this year, may give LTC a market advantage in the long run.

Bitcoin Price Plummet Caused by Massive Whale BTC Sell-Off: Forbes

At press time, LTC is rising along with a few other coins on the top ten list.

The price increase of Litecoin could be prompted by rumours of Bitmain, the giant mining gear producer, has recently hinted at the working on a L5 Bitmain ASIC Scrypt miner.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings