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

  • Yuri Molchan
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    ‘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
Cover image via 123rf.com

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.

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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 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.

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