Litecoin’s Mining Landscape: Opportunities and Challenges for Crypto Payroll
Litecoin, the second-largest cryptocurrency, is once again raising eyebrows with its impressive hashrate growth and competitive mining environment. This presents us with two sides of a potential coin: a boon for crypto payroll systems, and a concern for decentralization. With mining pools getting bigger, the specter of monopolistic practices may be lurking, potentially sidelining innovation and governance in decentralized organizations. Let’s unpack what this means for the Litecoin community and those seeking to use it for crypto payroll.
Litecoin’s Hasrate Explosion and Its Implications
Litecoin recently hit a massive 3.4 petahashes per second (PH/s) in hashrate, a clear indicator that miners are pouring resources into securing this…
