Litecoin hash rate at two-year high

The hashrate on the Litecoin network has recovered significantly since last summer's plunge. The network difficulty is also at a level last seen in 2019.

The hash rate on the Litecoin network hit 386 Th/s, the highest since August 2019 .

Since last summer's slump, computing power has increased by over 120 percent.

The mining difficulty is also heading for the all-time high of July 2019 at over 13 million.

In addition to the increased security, the Mimblewimble upgrade carried out a few days ago , which enables anonymous LTC transactions, could ensure an increase in demand for “digital silver”.

The LTC course is currently trading at 129 US dollars, with a weekly plus of 18 percent.

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