Litecoin’s Hash Rate Hits ATH as Halving Countdown Narrows
Litecoin also noted an uptick in mining difficulty that surged above 26 million.
Litecoin’s upcoming halving is less than five weeks away, which is expected to happen on August 2, 2023, at block 2,520,000. Leading up to the much-anticipated fact, the network hash rate has already reached a historic high, thereby serving as a positive catalyst for the Litecoin miners
As a result of this increased confidence, LTC was up by more than 15% over the past week.