.Litecoin mining difficulty soars to an all-time high, fueling price growth
Litecoin has joined the league of the best performing altcoins today as the protocol now rides on the strength of its security, consistency and value propositions in both the short and long term. At the time of writing, the LTC coin is valued at anLTC/USD 1D Chart. Source:While general market sentiment is positive at this time, the Litecoin protocol is also seeing a lot of positive fundamentals at this time.
The protocol is seeing more miners plugging into the network, stirring the hashrate to its highest level.to data from Coinwarz, the current Litecoin hashrate is 745.39 TH/s, representing the global Litecoin network hashrate with a mining difficulty of 26.38 M at block height 2,500,528. The mining difficulty typically soars when the number of miners connected to the network grows, an indication of decentralization and, by extension, security.
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