in bear markets; if power costs are low enough and the hash rate crypto monnaies Amazonie high enough. One reason behind such a drastic could be that Bitmain have lowered the price in an attempt to rapidly sell off their remaining stock, as they will soon have a more efficient asic ready for sale. Even as late as 2017, it was still possible to mine Litecoin using a CPU or GPU. Coinwarz calculators are a decent option for estimating the profitability of Litecoin mining hardware. This is because Litecoin is within 10 of activating Segwit Segwit makes transactions faster and cheaper.
Litecoin mining hardware operates on the Scrypt mining algorithm. This means you could also put a Scrypt asic to use mining other.
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Use it to get paid with BTC, LTC, or just about any other altcoin! If you are sceptical about getting involved with Litecoin, here are a few reasons why its a good idea: Litecoin has become very popular recently. Litecoin mining hardware operates on the Scrypt mining algorithm. Still, many asics can be quite profitable in the long run. Litecoin Mining Pools Mining pools are useful, even to the most experienced miners. Do not connect more than one PSU to the same hashing board. I desperately tried to get one when it was released but due to extremely high demand it was always sold out on Bitmain. Its easier to use Litecoin for smaller transactions All in all, Litecoin is a reliable cryptocurrency that we recommend investing. Litecoin block mining happens every two and a half minutes in contrast to Bitcoin where a block is mined every ten minutes.