the Litecoin network has reached an all-time high (ATH) in terms of its hashrate, surpassing 700 TH/s. This is great news for the Litecoin
Highlights
- Litecoin network has reached an all-time high (ATH) in terms of its hashrate, surpassing 700 TH/s.
- This is great news for the Litecoin community as it indicates the network’s increased security and stability as it continues to expand.
- The higher the hashrate the more difficult it is for any individual or group to attack the network and disrupt its operations.
- In August 2023, Litecoin will undergo its third halving event, which will reduce the amount of newly minted Litecoin by 50%.
- LTC is currently priced at $96.3, marking a more than 20% increase over the past 30 days.
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