Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective.
An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from as low as 390.93 TH/S on 31 August and peaked at 527 TH/S on 9 September.
Source: Coinwarz
The timing of Litecoin’s hash rate spike aligns with…
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