Litecoin_s Hash Rate Reaches New Milestone Ahead of Halving, Pushing LTC Towards $100

Litecoin_s hash rate has reached a historic high of 797.72 tera hash/second (Th/s) ahead of its upcoming halving on August 2, 2023. The increased confidence has led to a 15% surge in LTC_s price over the past week, nearing the $100 mark. Despite price fluctuations, the hash rate has steadily risen, indicating growing network activity. The mining difficulty has also reached a new all-time high, posing a challenge for miners. The halving will cut block rewards in half, increasing scarcity and further driving up prices.