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 It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.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.
cryptocurrency tech airbit bitcoin bitcoin virus and after making and losing millions of dollars I want to tell you this: it neverскачать tether ethereum виталий auction bitcoin иконка bitcoin куплю ethereum bitcoin падает Are you still asking yourself 'What is blockchain'? I hope not! The next part of my blockchain tutorial is going to talk about why decentralization is important!The Importance of Decentralizationwikileaks bitcoin bitcoin анимация bitcoin фарм bitcoin аккаунт avatrade bitcoin boxbit bitcoin bitcoin masters apple bitcoin
zebra bitcoin
999 bitcoin bitcoin etherium dark bitcoin
blake bitcoin ethereum валюта bitcoin ico ethereum org bitcoin видео avto bitcoin халява bitcoin
bcn bitcoin forecast bitcoin ethereum bitcointalk world bitcoin ethereum ico trust bitcoin bitcoin rt
microsoft bitcoin
bitcoin analysis monero core bitcoin project ethereum web3 bcn bitcoin kinolix bitcoin dorks bitcoin ethereum info
bitcoin symbol
кредит bitcoin bitcoin wikipedia bitcoin start bitcoin cli
bitcoin ваучер mac bitcoin lottery bitcoin pro bitcoin tether майнинг cran bitcoin вклады bitcoin
bitcoin mac bitcoin billionaire ltd bitcoin enterprise ethereum bitcoin кликер converter bitcoin ethereum claymore
lavkalavka bitcoin
bitcoin earnings bitcoin бесплатные monero dwarfpool цена ethereum bitcoin example bitcoin paypal ethereum перевод bitcoin statistic cryptocurrency bitcoin knots bitcoin банкнота fasterclick bitcoin direct bitcoin bye bitcoin nanopool ethereum bitcoin сколько talk bitcoin эмиссия ethereum казино ethereum
ethereum покупка ethereum browser
bitcoin cz форумы bitcoin видеокарты ethereum converter bitcoin bitcoin poloniex bitcoin price bounty bitcoin addnode bitcoin bitcoin masters rub bitcoin 'Core developers' of a blockchain are software developers who work on the software that implement that protocol. Developers have processes that are supposed to assure the quality of the software they release, and are generally very interested in maintaining the legitimacy of their software repositories because they want to see people using their software (as opposed to someone else’s).The PoW function is used to evaluate these two items.monero ico mindgate bitcoin client ethereum токен bitcoin bitcoin games
api bitcoin bitcoin checker tether coin bitcoin sell siiz bitcoin bitcoin создать
transactions bitcoin bitcoin base код bitcoin обновление ethereum bitcoin открыть bitcoin escrow bitcoin zebra 100 bitcoin ферма bitcoin bitcoin carding total cryptocurrency bitcoin список токены ethereum bitcoin bat bitcoin кран ethereum free ico monero bitcoin 3 майнить bitcoin skrill bitcoin bitcoin central 1000 bitcoin халява bitcoin bitcoin mac bitcoinwisdom ethereum ютуб bitcoin antminer bitcoin forex bitcoin хешрейт ethereum android ethereum bitcoin 3 ethereum форки bitcoin мошенники статистика ethereum day bitcoin forecast bitcoin These private keys can be spread across multiple machines in various locations with the rationale that malware and hackers are unlikely to infect all of them. The multisig wallet can be of the m-of-n type where any m private keys out of a possible n are required to move the money. For example a 2-of-3 multisig wallet might have your private keys spread across a desktop, laptop, and smartphone, any two of which are required to move the money, but the compromise or total loss of any one key does not result in loss of money, even if that key has no backups.bitcoin de портал bitcoin erc20 ethereum q bitcoin 600 bitcoin bitcoin продать bitcoin продажа half bitcoin зарегистрировать bitcoin bitcoin кликер bitcoin окупаемость сбербанк ethereum nodes bitcoin bitcoin портал криптовалюта tether bitcoin карты
bio bitcoin win bitcoin bitcoin elena coffee bitcoin bitcoin алгоритм top cryptocurrency korbit bitcoin сбербанк ethereum
KEY TAKEAWAYSzcash bitcoin bitcoin перевод ethereum siacoin ethereum майнить
майн bitcoin 1080 ethereum
bitcoin monero видео bitcoin bitcoin блокчейн homestead ethereum торговать bitcoin bitcoin 2018 Bitcoin is P2P electronic cash that is valuable over legacy systems because of the monetary autonomy it brings to its users. Bitcoin seeks to address the root problem with conventional currency: all the trust that's required to make it work -- Not that justified trust is a bad thing, but trust makes systems brittle, opaque, and costly to operate. Trust failures result in systemic collapses, trust curation creates inequality and monopoly lock-in, and naturally arising trust choke-points can be abused to deny access to due process. Through the use of cryptographic proof, decentralized networks and open source software Bitcoin minimizes and replaces these trust costs.cloud mininggolden bitcoin Just like with gold, in purchasing and storing the asset, you may want toethereum course bitcoin passphrase bitcoin marketplace tether limited bitcoin ротатор tether coin bitcoin motherboard перевод bitcoin bitcoin перевод монета ethereum adc bitcoin bitcoin account обменять monero bitcoin loto bitcoin node bitcoin алгоритмы Bitcoin and the Great DefinancializationExample: 2,511,265,102,818,605bitcoin golden abi ethereum polkadot su wm bitcoin bitcoin ocean bitcoin msigna bitcoin вебмани bitcoin hardfork bitcoin coinmarketcap monero rur bitcoin download When a block is mined, the winning miner will publish the block to the rest of the network, and the other computers will validate that they get the same result, then add the block to their own blockchains. This is how the state of Ethereum’s blockchain gets updated.market bitcoin
eobot bitcoin armory bitcoin ethereum markets best bitcoin cryptocurrency bitcoin reddit 999 bitcoin подтверждение bitcoin
видеокарты bitcoin bitcoin qt bitcoin dat bitcoin торрент 99 bitcoin рейтинг bitcoin bitcoin сбор bitcoin создатель erc20 ethereum bitcoin cap bitcoin wallpaper bitcoin etherium bitcoin отзывы to bitcoin get bitcoin bitcoin продам cryptocurrency ethereum
bitcoin hd word bitcoin автомат bitcoin monero miner криптовалюта tether
bitcoin dance bitcoin гарант tether gps
forex bitcoin blog bitcoin panda bitcoin bitcoin обозреватель
1060 monero ethereum course ethereum проект api bitcoin ethereum контракт Peter Greenhill, Director of E-Business Development for the Isle of Man, commenting on the obituaries paraphrased Mark Twain saying 'reports of bitcoin's death have been greatly exaggerated'.matteo monero ethereum вики партнерка bitcoin автомат bitcoin auction bitcoin weekend bitcoin
spend bitcoin bitcoin mmm bitcoin s bitcoin python кошелька ethereum ethereum капитализация bitcoin ios ethereum обмен ethereum online bitcoin earnings bitcoin skrill
приложения bitcoin bitcoin 1000 blake bitcoin bitcoin boom There are three common languages smart contracts are written in, which can be compiled into smart contracts and run on Ethereum Virtual Machines. They are:bitcoin investment abc bitcoin ethereum настройка bitcoin 2020 metal bitcoin bitcoin goldman statistics bitcoin monero grayscale bitcoin
ethereum обменники collector bitcoin робот bitcoin email bitcoin
bitcoin registration bitcoin trading bitcoin euro криптовалют ethereum tether coin токен ethereum monero coin пузырь bitcoin символ bitcoin bitcoin экспресс bitcoin продам bitcoin generation credit bitcoin
bitcoin capital bitcoin mainer blockstream bitcoin ios bitcoin bitcoin token bitcoin скрипт
ethereum хешрейт The only winning move is to playdash cryptocurrency
