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Litecoin Mining Difficulty and Hash Rate Reach All Time Highs

As the 2017 bull run began to lose steam and Litecoin’s value started to tumble, the altcoin’s mining difficulty curiously began to spike — more than tripling while LTC crashed by over 70 percent. Since May 2018, things have reversed in a big way.


After reaching its 2018 high, Litecoin (LTC) mining difficulty began to fall drastically — decreasing by half over the following six months while the altcoin crashed to below $25 for the first time in over a year. However, since the start of 2019, both Litecoin’s mining difficulty and its value have been on a significant uptick.


Currently, Litecoin is priced at around $127.50 and has quadrupled in value since the start of the year. Meanwhile, LTC mining difficulty has repeatedly broken its all-time high.


Read More at BeinCrypto


#LTC #Mining


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