Litecoin ($LTC) Hashrate Hits New All-time High as Price Surges Ahead of Halving Event

Litecoin ($LTC), a cryptocurrency that’s often referred to as the silver to Bitcoin’s gold, has recently seen its hashrate hit a new all-time high, at a time in which its price keeps surging ahead of its upcoming halving event.

According to data from CryptoCompare, Litecoin’s hashrate has recently hit a new all-time high of around 680 TH/s. Litecoin uses a Proof-of-Work (PoW) consensus algorithm, just like BTC.

The system sees miners compete to…


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