Litecoin: Despite new update, LTC struggles to hold miner interest

ambcrypto.com:

On 2 March 2023, Litecoin [LTC] released a new network upgrade named Litecoin Core 0.21.2.2, which, according to the official announcement, was a new minor version release.

The new release included an important security update affecting prior versions. The release further contained fixes that hardened node and network securities. <p lang=«en» dir=«ltr» xml:lang=«en»>The newest version of Litecoin Core v0.21.2.2 is now available! ⚡Please update at: https://t.co/Jhu3nliBlj Learn more at: https://t.co/JG7FDCfbpD pic.twitter.com/vljdVCsvgG— Litecoin Foundation ⚡️ (@LTCFoundation) March 2, 2023Read Litecoin’s [LTC] Price Prediction 2023-24While the update was pushed, LTC’s mining space witnessed growth.

As per Coinwarz’s data, LTC’s network hashrate registered a slight uptick. An increase in hashrate generally suggests an influx of new miners into the network.

It was interesting to note that since the beginning of this year, LTC’s mining industry has flourished as its price has gone up considerably.