Litecoin hash rate reaches 2.774 PH/s securing multiple Scrypt chains after starting below 0.001 PH/s, with LTC at $44.23 showing neutral RSI on 4h chart.

According to @litecoin, the project highlighted the relationship between Scrypt merge-mined coins such as Dogecoin and Litecoin, underscoring an ongoing AuxPoW link that is relevant for miner-driven market dynamics in LTC and DOGE, source: Litecoin on X. Dogecoin implements AuxPoW to enable merged mining with Litecoin so Scrypt miners can mine both chains simultaneously without splitting hashpower, source: Dogecoin Core v1.8 release notes on GitHub. In merged mining, a single proof secures multiple chains, linking hashrate and miner incentives across those assets and thereby shaping their network security profiles, source: Namecoin merged mining documentation.