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How does non LHR impact the cryptocurrency market?

avatarAjeyo DeyNov 28, 2021 · 3 years ago1 answers

What is the impact of non LHR (Local Hash Rate) on the cryptocurrency market?

How does non LHR impact the cryptocurrency market?
Cryptocurrency
Non LHR
Market Impact

1 answers

  • avatarNov 28, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I can tell you that non LHR has a significant impact on the market. When the non LHR decreases, it can lead to slower block confirmation times and potentially higher transaction fees. This can affect the user experience and make it less attractive for people to use cryptocurrencies. Additionally, a decrease in non LHR can also make the network more vulnerable to attacks, which can further erode trust in the market. Therefore, it's important for investors and traders to keep an eye on the non LHR and consider its impact when making decisions in the cryptocurrency market.

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