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Nalezeno "LTC mining": 8

SHA256 Strikes Back: Bitcoin’s Mining Algorithm Reclaims the Throne in 2025


When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June 2025 Dec. 29, 2024 saw Scrypt, the mining method...

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit


The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031...

Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer


According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific...

Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud


A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...

LTC Mining Rewards Have Been Halved; Next Halving will be done in 2023


After reaching the block height of, 680,000 at 10:16 UTC on 5th August, Litecoin (LTC), has halved its crypto rewards. This is a landmark point for the LTC miners given the structural design of the crypto has a pattern to reduce its mining rewards to half in almost every four years. Therefore...

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