With the upcoming halving, mining rewards are set to halve for the second time in LitecoinвЂ™s history from ЕЃ25 to ЕЃ12.5 which will have a profound impact on the mining space. ItвЂ™s certainly not as powerful as InnosiliconвЂ™s A6+ however it does appear to be more efficient putting it in a good position for when it does finally retail to the public. Perhaps this is why the L4 name is being skipped altogether. We respect the privacy of our users and any change to our operations will immediately be made transparent in this policy. As such, we do not collect, store, use or distribute any personal information other than general site health and analytics provided by the hosting platform. The stats provided show quite a drastic improvement over the previous generation е…ѓ++ more than doubling the hashrate output from 580 MH/s. Litecoin All-Time High is currently a read-only website. вЂњItвЂ™s around 1w/mh for their 7вЂ“10nm chipвЂќ вЂњI think their L5s are running around 1.2GH 1вЂ“1.2 kwвЂќ Our source also provided some insight based on what they have heard: Sub 5c electric is available but the even there the price of LTC totally needs to trend up for all this to keep being worth anythingвЂќ

вЂњThe mining contracts I have purchased from Bitdeer that use the L5 have performed better than expected thanks to the lift in the LTC price. вЂњLooks like Bitdeer removed the little info icon explaining the L5 specs, IвЂ™m sure some search engine will yield this so here are the L5 specs in the image above: The option to rent an L5 has since been removed, although вЂnehgekimвЂ™ during the time it was up was able to capture some interesting first insights and leaks: There has been no other mention online regarding the L5 however we have heard from another source that it is indeed a real thing and is currently being deployed by Bitmain and their mining farms which would include bitdeer.

The LitecoinTalk forums recently hosted a thread by вЂ nehgekimвЂ™ who noted that Bitdeer, a cloud mining partner with Bitmain and Ant-miner listed the L5 for rent. It appears the bump may be caused by the rumoured new L5 Bitmain ASIC Scrypt miner that has been hinted at online. Ethererum, Monero, BCH and the majority of large capped digital assets on the other hand are not even close, indicating a potential flagging in longer term market confidence. Bitcoin is still trying to break higher but has taken a dive back down with the recent retracement in price despite coming within touching distance. What is perhaps more impressive is that despite the run up, only Litecoin appears to be making new hashrate highs. The post Can Litecoin achieve a new all-time high in 2020? appeared first on Coin Rivet.It has been an astonishingly bullish last few months for Litecoin and the crypto ecosystem, which has seen not only prices rise as a result, but network security in the form of hashrate with it. Whether or not it will see Litecoin form a new all-time high remains to be seen, but an influx of institutional investment in the industry suggests that itвЂ™s an exciting time for a number of the top cryptocurrencies.ДЇor more news, guides and cryptocurrency analysis, click here. This time around it could well inflate price even more as anticipation mounts surrounding BitcoinвЂ™s halving event, which will take place in May.Д«lock rewards for miners will be slashed from 12.5BTC to 6.25BTC per block, which has historically caused the price of cryptocurrencies to rise as supply dries up. The previous time this happened was in March 2019 which preceded a 180% rally to the upside in a matter of months. Litecoin recently experienced a daily exponential moving average (EMA) golden cross, which saw the 50 EMA cross the 200 EMA to the upside. And while it seems as though a major cryptocurrency bull market is far away, a number of technical indicators seem to suggest that it might be on the cards this year.

Lite coin all time high