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

‘Digital silver’ seems to be ahead of Bitcoin and other top-line crypto assets in terms of rising its hashrate, new report says

Wed, 5/06/2019 - 9:45

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

Cover image via U.Today

Read U.TODAY on

Google News

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.

HOT Stories

Bitcoin's 'Shooting Star' Pattern Raises Red Flag, Peter Brandt Backs It

Bitcoin ETFs Record Largest Outflows of All Time

Mt. Gox’s Coins on the Move as BTC Price Plunges to $66K

Here's When XRP Downtrend Can End, Tron (TRX) Shows 36% Rally Everyone Is Missing, Solana (SOL) Price Drops by 11%, But Bullish Signal Is Here

Tue, 06/04/2019 - 14:09

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.

#Litecoin News #Litecoin Price Prediction

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He 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.