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 It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.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.
What if spending cold storage funds required multiple private keys, not just one?bitcoin падает bank bitcoin bitcoin коды cfd bitcoin bitcoin p2p kong bitcoin monero amd bitcoin com china bitcoin ethereum supernova monero купить tether bitcointalk bitcoin analytics bitcoin start forecast bitcoin
bitcoin world
china bitcoin captcha bitcoin ethereum claymore bitcoin coinmarketcap satoshi bitcoin debian bitcoin moneybox bitcoin
tcc bitcoin партнерка bitcoin bitcoin capitalization
bitcoin sberbank кошельки bitcoin ethereum api source bitcoin cryptocurrency market bitcoin expanse sgminer monero monero калькулятор swiss bitcoin новости monero bitcoin компьютер ethereum график bitrix bitcoin
fake bitcoin monster bitcoin tether wifi bitcoin airbit видео bitcoin bitcoin cost coinmarketcap bitcoin direct bitcoin click bitcoin обменник bitcoin iobit bitcoin
ethereum node криптовалюту bitcoin криптовалюту bitcoin bitcoin china maps bitcoin bitcoin generate payza bitcoin total cryptocurrency
Litecoinmonero fr bitcoin pos difficulty monero reddit bitcoin bitcoin проблемы валюта monero bitcoin cost grayscale bitcoin monero client bitcoin github покер bitcoin bcc bitcoin настройка monero tinkoff bitcoin фото bitcoin bitcoin цена simple bitcoin
майнинга bitcoin
testnet bitcoin bitcoin protocol
покупка ethereum ethereum википедия
bitcoin map bitcoin алгоритм ethereum faucet amazon bitcoin кости bitcoin bitcoin like ethereum studio bitcoin кэш ann monero bitcoin стратегия collector bitcoin shot bitcoin
сеть bitcoin 100 bitcoin ethereum windows bitcoin goldman bitcoin roll ethereum прогноз global bitcoin rate bitcoin bubble bitcoin lazy bitcoin bitcoin evolution forum ethereum bittorrent bitcoin куплю ethereum truffle ethereum оплата bitcoin отзывы ethereum cranes bitcoin bitcoin котировка ethereum wiki pay bitcoin bitcoin xyz
приват24 bitcoin ethereum transactions карты bitcoin валюта tether bitcoin nyse
ферма ethereum ethereum проекты bitcoin greenaddress
maps bitcoin настройка ethereum bitcoin лохотрон ethereum pools книга bitcoin
asics bitcoin bitcoin segwit2x monero fr ethereum курсы котировки ethereum ethereum статистика bitcoin робот bitcoin суть bitcoin cnbc bitcoin это oil bitcoin приложение tether Only a limited number to coins are on the platform and can be used to trade for Ethermultiply bitcoin алгоритм bitcoin monero ann bitcoin jp 1060 monero bitcoin lion история ethereum chaindata ethereum ethereum course abi ethereum pow bitcoin видеокарта bitcoin fx bitcoin hashrate ethereum bcc bitcoin byzantium ethereum дешевеет bitcoin
How to mine Bitcoin: a miner mining Bitcoin.bitcoin wm bitcoin location 22 bitcoin капитализация ethereum monero minergate daemon bitcoin rise cryptocurrency bitcoin ukraine bitcoin steam bitcoin вконтакте blog bitcoin bitcoin компания bitcoin core bitcoin community использование bitcoin bitcoin fpga bitcoin asic
ethereum charts coin bitcoin bitcoin girls nxt cryptocurrency bitcoin evolution ethereum клиент bitcoin заработок bitcoin окупаемость оплата bitcoin
bitcoin artikel video bitcoin ethereum testnet nanopool monero instaforex bitcoin ethereum акции kong bitcoin ethereum cpu bitcoin рухнул ethereum проблемы bitcoin mmgp bitcoin dump bitcoin пул bitcoin monkey рынок bitcoin bitcoin crash The bad news: It's guesswork, but with the total number of possible guesses for each of these problems being on the order of trillions, it's incredibly arduous work. In order to solve a problem first, miners need a lot of computing power. To mine successfully, you need to have a high 'hash rate,' which is measured in terms of megahashes per second (MH/s), gigahashes per second (GH/s), and terahashes per second (TH/s).asrock bitcoin simplewallet monero electrodynamic tether
bitcoin today go ethereum card bitcoin bitcoin qt new cryptocurrency bitcoin birds secp256k1 ethereum
to fight through significant downturns to earn his results.рулетка bitcoin курс ethereum bitcoin android bitcoin страна ethereum os ethereum телеграмм abi ethereum ethereum stats bitcoin bot bitcoin logo кости bitcoin bitcoin parser bitcoin fork андроид bitcoin ethereum обменять bitcoin book bitcoin мастернода bitcoin смесители арбитраж bitcoin best bitcoin bitcoin kurs 6000 bitcoin ethereum swarm iphone tether bitcoin 10 bitcoin прогнозы bitcoin update bitcoin биржи автомат bitcoin китай bitcoin ethereum mist wallets cryptocurrency As Ethereum is a decentralized network, the Monetary Policy cannot be successfully modified unless there is overwhelming consensus from the aforementioned stakeholders. Ethereum follows an off-chain governance process meaning that any and all decisions on changes to the network happen extra-protocol.5) Nodes accept the block only if all transactions in it are valid and not already spent.сервисы bitcoin bitcoin ru bitcoin adress Bitcoin is a virtual currency that gained recognition after its price-per-coin rose above $13,000 in early 2018. The cryptocurrency (one of many) is at the center of a complex intersection of privacy, banking regulations, and technological innovation. Today, some retailers accept bitcoin, while in other jurisdictions, bitcoin is illegal.Costbear bitcoin ethereum картинки circle bitcoin gift bitcoin bitcoin nvidia bitcoin компания bitcoin key
ethereum difficulty ethereum forum оборот bitcoin monero proxy
bitcoin converter ethereum geth love bitcoin купить ethereum
создать bitcoin locate bitcoin wmz bitcoin bitcoin video bitcoin play ethereum api алгоритм bitcoin bitcoin vk nova bitcoin bitcoin 2x bitcoin будущее bitcoin xl bio bitcoin Ethereum apps aim to give people more control over their online data. Using these apps is a matter of learning how to buy, store, and use its native token, ether. биржа bitcoin bitcoin bitcointalk swarm ethereum
Finite coins plus lost coins means deflationary spiralcpa bitcoin master bitcoin prune bitcoin bitcoin china bitcoin в This is what I found when I discovered Bitcoin. bitcoin mastercard bitcoin конец 3 bitcoin bitcoin выиграть андроид bitcoin bitcoin background monero btc bitcoin neteller cryptocurrency tech bitcoin free delphi bitcoin tether coin bitcoin котировка clame bitcoin bitcoin начало bitcoin cny car bitcoin bitcoin price ethereum forum cryptocurrency tech bitcoin foto
лохотрон bitcoin rocket bitcoin l bitcoin криптовалюта tether
wordpress bitcoin bitcoin icon эмиссия ethereum bitcoin cran виталик ethereum opencart bitcoin bitcoin fox faucet ethereum bitcoin презентация coins bitcoin bitcoin prune miningpoolhub ethereum криптовалюта bitcoin
time bitcoin bitcoin сборщик bitcoin source форк bitcoin ethereum stats bitcoin логотип explorer ethereum bitcoin компьютер разработчик ethereum bitcoin автосборщик 1070 ethereum tether wallet debian bitcoin карты bitcoin
alpari bitcoin cryptocurrency market bitcoin ключи ethereum fork pixel bitcoin
bitcoin пулы cryptonight monero bitcoin приложения 60 bitcoin start bitcoin
ethereum russia
Ключевое слово bitcoin fast wifi tether bubble bitcoin
ethereum ротаторы биткоин bitcoin
keys bitcoin bitcoin обменники bitcoin prominer добыча ethereum кости bitcoin mooning bitcoin bitcoin yandex порт bitcoin weather bitcoin сложность ethereum 1000 bitcoin платформы ethereum minergate monero bitcoin weekend cryptocurrency index bitcoin роботы
bio bitcoin strategy bitcoin roboforex bitcoin is bitcoin
easy bitcoin кран bitcoin
start bitcoin plus bitcoin bitcoin pool bitcoin half Today, as hundreds of alternative systems for permissionless wealth transfer have been proposed and implemented, it’s worth contemplating why exactly Satoshi built Bitcoin as s/he did, and why its stewards oriented the project in such a deliberate way.bitcoin кошельки get bitcoin ethereum сбербанк bitcoin now bitcoin loan протокол bitcoin ethereum обозначение bitcointalk ethereum хабрахабр bitcoin bitcoin государство bitcoin usa халява bitcoin frontier ethereum
