Litecoin's total network hashrate plummeted by 70%, the lowest point of the year, and the two mainstream mining machines have reached the shutdown price

Litecoin's total network hashrate plummeted by 70%, the lowest point of the year, and the two mainstream mining machines have reached the shutdown price

According to BlockBeats, after the output was halved, Litecoin's computing power plummeted and is now at its lowest point of the year.
According to bitinfochart, the current Litecoin network hashrate is 159 T, which is the lowest point of the year. The Litecoin network hashrate reached its peak of 523 T on July 14, and then continued to decrease due to the halving of production. The current hashrate has fallen by 70% compared to the highest point.


BlockBeats reported that on August 5 this year, Litecoin production was halved. Data showed that after the halving, the computing power of the entire network plummeted, and the three mainstream mining machines at that time had reached the shutdown price. Subsequently, due to the sharp drop in computing power, some mining machines resumed operation.
According to F2Pool data, among the current Litecoin mining machines, the Antminer L3++ and L3+ models have reached the shutdown price, while the FansiCore X6 and Innosilicon A4+ are almost close to the shutdown price.

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