Litecoin Hash Rate Has Plunged 60 Percent Since August Halving

Litecoin (LTC) went through the halving process in August and three months down the line, Litecoin hash rate is on a downward trend, leading to all-time lows in mining profitability. This massive drop in mining activity heralds yet another downbeat report for the sixth-largest digital asset in terms of market size. Earlier in the year, …