What does overall Litecoin network computing power mean (Total supply of Litecoin)?
What does overall Litecoin network computing power mean? According to coinmarke
What does overall Litecoin network computing power mean? According to coinmarketcap data, the 24-hour overall network computing power of Litecoin is 120.64 EH/s. The price of each THash of Litecoin is around 0.03 dollars, and the total number of transactions in the network is 236,000 times. The average block generation time of Litecoin is approximately 3 minutes. The current network block height is 8,000,000 (with 630,000 transactions). The mining difficulty of LTC decreased by 5% in one day.
According to CoinMarketCap data, the market value of Litecoin has increased by over 20% in the past 30 days and over 80% in the past 7 days.
Total supply of Litecoin
According to a report by cointelegraph, the latest report from Chainalysis, a blockchain tracking company, shows that the total supply of Litecoin has increased by over 200% since May 2019. Throughout history, the total supply of LTC has consistently increased. In the first quarter of 2017, the price of Litecoin was around $100. However, in the first quarter of this year, due to network congestion and increased transaction fees, the price of LTC started to decline. Nevertheless, in the past few weeks, it has been steadily rising, with a current market value of $8 billion.
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