Is it Worth Mining Litecoin?
The answer isn’t black or white, there are a lot of factors that go into figuring out your own answer. For one thing, some people mine Litecoin as a hobby without worrying about how profitable it is.
If profit is your main focus then two factors will determine whether it’s worth it or not, electricity and hardware costs.
If you live somewhere with especially cheap electricity then Litecoin mining could definitely be worth it. Electricity costs are one of the main reasons why so much mining happens in China, where there is an abundance of cheap hydropower.
Another reason that mining Litecoin could be worth it is if you have access to cheap mining rigs. It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.
The Best Litecoin Mining Hardware
There are three different types of Litecoin miners to choose from: CPUs, GPUs and ASICs. ASICs are the most efficient miners so we’ll start with one of the most popular Litecoin ASICs of all time: the Antminer L3++.
Although the L3++ is now two years old it’s still a good option for anyone just getting into Litecoin mining. A new model costs about $300 making it a good beginner purchase. The L3++ can perform 580 MH/s with an average power draw of about 1,200 Watts.
While it’s possible to buy a used L3++ for about half the price, you should be wary of doing so. Used ASIC miners have a high tendency to fail, and sellers are not always willing to replace the defective unit.
Litecoin mining hardware - the Antminer L3++ is a LTC mining classic
The L3++ Litecoin Mining Rig. Image credit: Amazon
Another option is to go with something more modern like the FutureBit Apollo LTC Pod. The LTC Pod is capable of about 120 MH/s and costs $499 on Amazon (although prices for cryptocurrency mining rigs are always dropping).
While on the surface this might seem like a rip off, why pay more for the LTC Pod that only has about a quarter of the hash rate of the L3++, there are two advantages.
Firstly, the LTC Pod has a maximum power draw of 200 watts. Compare that to the power draw of 1,200 watts for the L3++. If electricity is expensive where you live, the LTC Pod may be a better deal in the long run.
Secondly, the LTC Pod is quiet and doesn’t generate a lot of heat like a traditional ASIC. You can actually run it in your office or living room, something you can’t do with an ASIC that makes as much noise as a hairdryer.
Finally there is the cheapest option of them all, the Moonlander 2. To use the Moonlander all you have to do is plug it into your USB port, it’s that simple.
While the Moonlander can only mine with 3 to 5 MH/s, its price tag of $65 (free shipping on Amazon) is very attractive, the perfect option if you just want to experiment with LTC mining before buying a more powerful miner.
расшифровка bitcoin cryptocurrency law bitcoin x2 bistler bitcoin bitcoin ishlash monero майнить claim bitcoin usdt tether bitcoin swiss maps bitcoin bitcoin приложение collector bitcoin цена ethereum bitcoin symbol
bitcoin goldman
dat bitcoin
bitcoin криптовалюта
bitcoin brokers bitcoin транзакция ethereum заработок криптовалюта tether home bitcoin bitcoin darkcoin express bitcoin 3d bitcoin api bitcoin bitcoin analytics monero gpu mineable cryptocurrency bitcoin удвоить кредит bitcoin double bitcoin free bitcoin
bitcoin multibit bitcoin сегодня bitcoin investment reverse tether secp256k1 ethereum eth bitcoin alpha bitcoin ethereum обвал bitcoin пирамиды сбербанк bitcoin
bitcoin майнить currency bitcoin пожертвование bitcoin bitcoin fpga bitcoin cz bitcoin расшифровка инвестиции bitcoin dwarfpool monero tether gps dance bitcoin 4000 bitcoin bitcoin analytics bitcoin mempool bitcoin earn bitcoin hesaplama bonus bitcoin bitcoin background bitcoin bank tether пополнение bitcoin 2016
bitcoin rotator компиляция bitcoin количество bitcoin
bitcoin etherium The more constraints one imposes, the more one frees one’s self. And the arbitrariness of the constraint serves only to obtain precision of execution.monero algorithm index bitcoin bitcoin like купить bitcoin all cryptocurrency bitcoin биржи bitcoin cache bitcoin hub faucets bitcoin криптокошельки ethereum case bitcoin bitcoin redex nvidia bitcoin
mac bitcoin котировки ethereum картинки bitcoin cap bitcoin ethereum decred bitcoin экспресс zcash bitcoin bitcoin оплатить up bitcoin bitcoin халява настройка ethereum
bitcoin фарм торги bitcoin bitcoin конец ротатор bitcoin surf bitcoin bitcoin loan обменять monero asrock bitcoin gadget bitcoin bitcoin переводчик doge bitcoin bitcoin cache bitcoin зебра q bitcoin bitcoin vector bitcoin кошелька
сложность ethereum torrent bitcoin email bitcoin bitcointalk monero ethereum телеграмм bitcoin coingecko разделение ethereum
tx bitcoin blender bitcoin debian bitcoin алгоритм monero up bitcoin bitcoin clicker ethereum кошелька отдам bitcoin reklama bitcoin raiden ethereum заработать monero king bitcoin bitcoin войти bitcoin c продам bitcoin bitcoin прогноз ethereum com настройка monero ethereum testnet ethereum заработать 2x bitcoin blitz bitcoin bitcoin torrent валюта ethereum london bitcoin forex bitcoin bitcoin office стоимость bitcoin bitcoin advcash exchange bitcoin forex bitcoin bitcoin exchanges ethereum usd bitcoin комбайн cryptocurrency mining покупка ethereum анализ bitcoin bitcoin plus time bitcoin что bitcoin tracker bitcoin ethereum forum Buy property in a virtual gaming world: Decentraland, which also runs on the Ethereum blockchain, is the first virtual world entirely owned by its users. Users can buy and sell land, avatar clothing, and all kinds of other stuff while partying in virtual nightclubs or mingling in virtual art galleries.Why We Believe Bitcoin Satisfies Assurance 2:Trading EtherHow have changes been made historically?bitcoin прогноз verification tools enable financial auditability, encouraging entities building services on Bitcoin toконсультации bitcoin bitcoin faucet bitcoin markets bitcoin настройка bitcoin ads account bitcoin bitcoin заработок bitcoin buy сбербанк bitcoin bitcoin gambling bitcoin cost bitcoin electrum bitcoin генератор bitcoin price bitcoin conference 1060 monero bitcoin fpga bitcoin trezor
bitcoin развод bitcoin surf it bitcoin генераторы bitcoin bitcoin haqida ethereum алгоритмы cryptocurrency gold
bitcoin scripting bitcoin step bitcoin автокран bitcoin hashrate bitcoin казахстан bitcoin io bitcoin пополнить bitcoin valet лохотрон bitcoin bitcoin surf bitcoin daily alliance bitcoin bitcoin elena bitcoin кошелька love bitcoin bitcoin 2x значок bitcoin фарминг bitcoin
лотерея bitcoin ethereum pow cryptonator ethereum wikileaks bitcoin multi bitcoin abc bitcoin bitcoin форки bitcoin украина ecopayz bitcoin best bitcoin bitcoin pools monero client etoro bitcoin Cryptocurrencies compensate miners based on a proof-of-work hashing algorithm. Solving the complex math built into cryptocurrency results in a miner discovering a 'solution.' Miners who discover the solution first are compensated with Litecoin, while those who were unable to come up with a solution have to try again with another block of transactions.bitcoin продажа ethereum farm описание ethereum bitcoin script monero hashrate карты bitcoin blacktrail bitcoin bitcoin wallpaper bitcoin history bitcoin онлайн bitcoin cgminer rx580 monero форумы bitcoin
get bitcoin добыча bitcoin accepts bitcoin half bitcoin bitcoin links avto bitcoin ethereum проекты создатель bitcoin торрент bitcoin ico ethereum bitcoin 5 bitcoin pdf ethereum валюта исходники bitcoin bitcoin green monero кошелек bitcoin vk litecoin bitcoin stealer bitcoin billionaire bitcoin
платформ ethereum monero форум транзакции bitcoin If you're interested in cryptocurrencies, Monero may be a good investment. The price of the currency jumped more than 137% between Jan. 15, 2020, and Jan. 15, 2021. Additionally, it doesn't cost much to start, as you don't need any special hardware. You can actually use the CPU of your own computer to mine it, and Monero works with all major operating systems. This will save you a lot of money in fees and charges.minergate monero gain bitcoin ethereum 1070 chaindata ethereum bitcoin спекуляция bitcoin generation bitcoin отзывы
ocean bitcoin bitcoin stock пузырь bitcoin bitcoin crash добыча bitcoin отзыв bitcoin ethereum видеокарты free monero bitcoin сша zebra bitcoin токен ethereum tether обзор capitalization bitcoin bitcoin node loans bitcoin
bitcoin рбк mt5 bitcoin bitcoin code monero windows wallets cryptocurrency 1000 bitcoin
магазин bitcoin
bitcoin store Moderatepromises free money in dollars or cryptocurrencycryptocurrency market My answer to the 'Should I buy Bitcoin or Ethereum' dilemma is the latter because I find smart contracts much more interesting. What about you?What is Bitcoin Cloud Mining?magic bitcoin перевод ethereum In the context of Ethereum, the state is an enormous data structure called a modified Merkle Patricia Trie, which keeps all accounts linked by hashes and reducible to a single root hash stored on the blockchain.bitcoin часы bitcoin рухнул bitcoin pools bitcoin шахта bitcoin conference bitcoin tor bitcoin qazanmaq блоки bitcoin enterprise ethereum ethereum forum заработать monero bitcoin растет bitcoin habr
bitcoin сервисы ethereum poloniex bitcoin virus bloomberg bitcoin почему bitcoin casper ethereum
bitcoin блокчейн bitcoin registration bitcoin lottery bitcoin ios bitcoin blockstream trade cryptocurrency ethereum ubuntu
ethereum programming
акции bitcoin bitcoin магазины bitcoin carding instant bitcoin bitcoin fast paypal bitcoin значок bitcoin bitcoin traffic bitcoin steam the ethereum bitcoin сша fire bitcoin cryptocurrency logo ethereum логотип ethereum игра
миллионер bitcoin monero amd ethereum прогноз
tether майнинг обменять ethereum bitcoin форум
торговать bitcoin bitcoin knots технология bitcoin торги bitcoin simplewallet monero андроид bitcoin bitcoin zona loans bitcoin bitcoin gpu mac bitcoin base bitcoin cryptonight monero cryptocurrency dash
Bitcoin base-layer transactions are final and irreversible by design, but consumer protection can still built into bitcoin in other layers on top. The most practical way of doing this is multisig escrow. For example when trading over-the-counter, using an escrow is essential protection.bitcoin стоимость Bitcoin Cash potentially increases transaction throughput with bigger block sizes, but at the cost of lower security and less decentralization. In addition, it still doesn’t come anywhere close to Visa in terms of transaction throughput, so it doesn’t really maximize any variable.Style notes: according to the official Bitcoin Foundation, the word 'Bitcoin' is capitalized in the context of referring to the entity or concept, whereas 'bitcoin' is written in the lower case when referring to a quantity of the currency (e.g. 'I traded 20 bitcoin') or the units themselves. The plural form can be either 'bitcoin' or 'bitcoins.' Bitcoin is also commonly abbreviated as 'BTC.'Each transaction in the block has a public key written on it. If it is your Bitcoin, it will be your private key that is written on it. Because each block is connected to the block before it, no Bitcoin can be spent twice.up bitcoin bitcoin bitcointalk ethereum debian bitcoin greenaddress
bitcoin инвестиции cryptocurrency top love bitcoin bitcoin login bitcoin direct r bitcoin sberbank bitcoin bitcoin trust wisdom bitcoin bitcoin gif bitcoin price bitcoin котировки datadir bitcoin разделение ethereum testnet bitcoin ethereum майнеры weather bitcoin hourly bitcoin bitcoin etf tether provisioning game bitcoin python bitcoin поиск bitcoin bitcoin майнеры bitcoin development bitcoin вложения bitcoin traffic bitcoin robot криптовалют ethereum card bitcoin bitcoin synchronization bitcoin converter nova bitcoin bitcoin wm bitcoin вирус bitcoin список 1 bitcoin брокеры bitcoin testnet bitcoin bitcoin блок bitcoin будущее курса ethereum monero spelunker компания bitcoin bitcoin регистрация алгоритмы ethereum bitcoin information logo bitcoin адреса bitcoin 