In keeping with the quotation of domestic bitcoin, litecoin buying and selling platform btc china and firecoin.com, the modern-day charge of litecoin is ready fifty eight yuan. in latest days, the costs of bitcoin and litecoin have both dropped due to the fbi public sale of bitcoin and rumors that financial institution of communications will very well look at the account quantity of bitcoin trading platform, and the center builders of bitcoin broke the information that the development of bitcoin primary agreement has stopped. amongst them, the price of litecoin has been rising all the manner in bitcoin rate, however it has been unmoved, with mild price and gradual growth. while bitcoin fee falls, litecoin still falls.

The rising trend of Litecoin has deviated from the price of Bitcoin, which is said to be related to the soaring computing power of Litecoin. It is said that Li Feng, the founder of Chrysanthemum Mining Machine, controls more than half of the computing power of Litecoin in the world. Avalon, the originator of Bitcoin ASIC Mining Machine, is said to also enter Litecoin Mining Machine, adopting 28nm process technology. Once the research and development is successful, it will have a profound impact on the market. At the same time, other Litecoin mining machine manufacturers are constantly joining in, which will inevitably lead to mining machine manufacturers like Bitcoin last year encouraging competition and computing power.