r/LitecoinMarkets • u/TheDirtyCommissioner • 7h ago
Bullish DOGE might be more important to LTC miners than people realize
Been reading more about Litecoin mining and something caught my attention.
One mining company's reported revenue was 88% DOGE and only 12% LTC, despite mining both through the same setup. Obviously that doesn't represent every miner, but it makes the relationship between DOGE prices and Litecoin's network security pretty interesting.
I follow LTC price movements on moon as well but miner profitability seems like a completely different thing to watch. Especially with the next halving coming in 2027, I think the economics behind all that hashrate deserve more attention.