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

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Wed, 06/05/2019 - 09:45
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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
Litecoin Lifts Its Hashrate to All-Time High with LTC Price Rising on the News
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Litecoin.com 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.

Related
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. 

CoinMarketCap.com
CoinMarketCap.com

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.

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About the author

Yuri is a crypto 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 in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.

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