Litecoin (LTC) hash rate hits record high: is it a crucial sign of confidence?

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According to Litecoin.com and the data published by BitInfoCharts, the hash rate of Litecoin (LTC) achieved a new all-time high on April 8 at 359 terahash. The rapid increase in the hash rate of the Litecoin blockchain network, which represents computing power that protects and secures the protocol, comes amidst the demonstration of a strong…