Litecoin (LTC) Hashrate Peaks; New Mining Rigs May Be Operational in Secret
The (LTC) hashrate has been growing, more than doubling in the past six months. In recent weeks, the hashrate kept rising, and recently peaked above 370 TH/s, mostly boosted by the expectations of the upcoming halving of the block reward in August.
Now, the hashrate rise is ascribed to the possibility that new L5 ASIC machines have been put on the network, and may have been a part of the hashrate for hire in cloud mining services. On a blog by Litecoin.com, a community site, the theory of…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
View original post