Litecoin: The Hot New Mining Sensation - Cryptovest

All things Litecoin.
Posts: 22
Joined: Tue Feb 20, 2018 6:33 pm

Litecoin: The Hot New Mining Sensation - Cryptovest

Wed May 30, 2018 9:06 am

Litecoin (LTC) is becoming one of the safer digital assets, as its hashrate tripled in the past three months. LTC is a Scrypt-based digital asset, benefitting from ASIC machines coming on board. Due to the higher hashrate, the price of a 51% attack based on hired mining power is around $68,000. This is just a bit lower from the price to attack Bitcoin Cash (BCH), which is set at $72,000 per one hour of hiring the required mining power.

The Litecoin hashrate is still above that of Ethereum, at least in the short term. It is unknown where the ETH hashrate would go as the new ASIC miners are becoming widely available. ... sensation/

Return to “Litecoin (LTC)”