Litecoin has shown resilience and growth, with its network security bolstered by a hashrate that has roughly tripled since early 2024. Starting from around 1.0 to 1.1 petahashes per second at the beginning of that year, the hashrate climbed to peaks of 3.79 petahashes per second in March 2025 before stabilizing near 2.7 petahashes per second as of early September 2025.
This expansion, driven by factors such as the 2024 market recovery, merge-mining synergies with Dogecoin, and protocol upgrades, has made the blockchain more resistant to threats, including 51 percent attacks that require overwhelming computational control. This surge also reflects Litecoin's rising appeal, as evidenced by increased miner participation and user adoption metrics.
While Bitcoin's hashrate has scaled to over 900 exahashes per second by September 2025, focusing on its role as a store of value with large security barriers, Litecoin's Scrypt-based system offers block times of 2.5 minutes and lower fees, positioning it as a practical option for everyday transactions. Both networks have benefited from halving events and institutional interest, with Litecoin's growth indicating its maturity as an altcoin that balances security enhancements with real-world utility, including merchant acceptance by over 4,000 outlets globally.
Litecoin's Hashrate Expansion
Litecoin's hashrate, a measure of the computational power securing the network, has seen substantial increases over the past 18 months. In January 2024, the hashrate stood at around 1.0 to 1.1 petahashes per second. By December 2024, it climbed to a new all-time high of 1.8 petahashes per second, and it reached 3.79 petahashes per second in March 2025 before settling at approximately 2.7 petahashes per second. Data from platforms such as CoinWarz and BitInfoCharts show consistent upward trends, with occasional dips linked to market fluctuations and adjustments in mining difficulty.
Several elements contributed to this rise. The 2024 cryptocurrency market recovery played a role, with miner earnings per unit of hashrate increasing by 48 percent. Merge-mining with Dogecoin has been significant, as Dogecoin rewards have made up more than 90 percent of the incentives for Litecoin miners in certain periods. Network upgrades, such as the MimbleWimble Extension Blocks (MWEB) for privacy features and the LitVM Layer-2 solution for smart contracts, have drawn more mining activity by improving functionality.
Key events included the Litecoin halving in August 2023, which cut block rewards and encouraged more efficient mining, as well as cryptocurrency price rallies in early 2025. Overall, the hashrate surged 120 percent during 2024, despite temporary declines in mid-2024 tied to broader market conditions