Litecoin is a popular peer-to-peer cryptocurrency that operates on a decentralized network. Created by Charlie Lee in 2011, Litecoin is often referred to as the "silver to Bitcoin's gold" due to its similarities with Bitcoin.show more
The Litecoin network is preparing for a halving event, which will reduce mining rewards by half. This event could potentially drive up the lite coin price due to its deflationary effect. However, a recent surge
Litecoin mining is similarly complex as mining bitcoin but with a lower hashrate. Mining operations for scrypt algorithm are still in demand and miners are still mining litecoin for higher block rewards with less effort.