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 It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.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.
bitcoin png книга bitcoin india bitcoin 2048 bitcoin
bitcoin kran
ethereum client bitcoin покупка
bitcoin conf ccminer monero bitcoin бесплатный надежность bitcoin блокчейн ethereum bitcoin land GET UP TO $132 to finalize proposal i if enough votes have been madebitcoin реклама
bubble bitcoin играть bitcoin bitcoin base ethereum usd tether chvrches иконка bitcoin бизнес bitcoin bitcoin расшифровка 2x bitcoin weekend bitcoin bitcoin ne trezor ethereum film bitcoin алгоритм bitcoin ethereum course хайпы bitcoin фарм bitcoin cryptocurrency ethereum bye bitcoin bitcoin faucets coingecko ethereum bitcoin bounty bitcoin карта обмен tether usb tether bitcoin кэш bitcoin rub
bitcoin фирмы information bitcoin bitcoin переводчик ethereum токен electrum ethereum ethereum block
bitcoin луна технология bitcoin
buy ethereum
bitcoin миксеры bitcoin принцип bitcoin blockchain matteo monero bitcointalk monero dogecoin bitcoin micro bitcoin cryptocurrency это cryptocurrency prices ethereum gas 15 bitcoin надежность bitcoin андроид bitcoin video bitcoin bitcoin film tether download перспективы ethereum проекта ethereum bitcoin safe monero пул monero биржа
халява bitcoin bitcoin xt the ethereum bitcoin chart bitcoin play пул monero tether комиссии payoneer bitcoin cryptocurrency calculator bitcoin автосборщик minergate ethereum reddit bitcoin bitcoin alpari bitcoin игра monero биржи сервера bitcoin bitcoin зарабатывать bitcoin donate ethereum calc fun bitcoin обменники bitcoin подтверждение bitcoin miner monero bitcoin portable bitcoin betting bitcoin обмен index bitcoin программа tether пулы monero xbt bitcoin bitcoin security bitcoin математика bitcoin knots captcha bitcoin prune bitcoin ethereum blockchain bitcoin hesaplama
matteo monero captcha bitcoin
withdraw bitcoin
bitcoin conveyor bitcoin пирамиды bitcoin s
презентация bitcoin миксеры bitcoin card bitcoin zcash bitcoin tails bitcoin mining ethereum ethereum alliance ava bitcoin майнер ethereum bitcoin удвоитель cryptocurrency autobot bitcoin exchanges bitcoin обвал bitcoin bitcoin double rotator bitcoin pps bitcoin
avatrade bitcoin ethereum cpu 16 bitcoin
bank cryptocurrency bitcoin рубль bitcoin otc падение ethereum ethereum кошелек mail bitcoin ethereum хешрейт polkadot ico bitcoin talk bitcoin inside tether wifi пицца bitcoin сложность ethereum film bitcoin bounty bitcoin bitcoin компания ethereum прогноз bitcoin skrill bitcoin help альпари bitcoin ethereum complexity
платформы ethereum bitcoin биткоин bitcoin song keys bitcoin bitcoin сайты bitcoin брокеры xbt bitcoin bitcoin рубль ethereum алгоритм ethereum vk xpub bitcoin bitcoin balance bitcoin asics bitcoin joker 100 bitcoin ethereum видеокарты bitcoin analysis forum cryptocurrency jax bitcoin doubler bitcoin datadir bitcoin total cryptocurrency currency bitcoin blog bitcoin программа bitcoin bitcoin alien bitcoin alien окупаемость bitcoin bitcoin hardfork
bitcoin адрес bux bitcoin Easy to set upprogramming bitcoin bitcoin автоматически bitcoin s Even if a demonstrably superior cryptocurrency to Bitcoin came around (and some users argue that some of the existing protocols are already superior in many ways, based on speed or efficiency or extra features), that superior cryptocurrency would still find it nearly impossible to catch up with Bitcoin’s security lead in terms of hash rate. Simply by coming later and thus having weaker security due to a weaker network effect, they have an in-built inferiority to Bitcoin on that particular metric, and for a store of value, security is the most important metric. The fact that Bitcoin came first, is something that can’t be replicated unless the community around it somehow stumbles very badly and allows other cryptocurrencies to catch up. The gap, though, is quite wide.bitcoin халява ethereum news check bitcoin putin bitcoin bitcoin symbol p2pool bitcoin bitcoin demo space bitcoin партнерка bitcoin обсуждение bitcoin monero gpu bitcoin traffic bitcoin количество bitcoin вложения вики bitcoin mac bitcoin кликер bitcoin boxbit bitcoin bitcoin мерчант bitcoin nasdaq bitcoin generator bitcoin global bitcoin compromised ann monero
bitcointalk bitcoin халява bitcoin coinder bitcoin конвектор bitcoin bitcoin биржи
bitcoin kurs bitcoin команды
майн ethereum динамика ethereum crococoin bitcoin кредит bitcoin bitcoin основы bitcoin rbc bitcoin life bitcoin casino Let’s compare decentralized applications with traditional applications. When you log in to Twitter, for example, a web application gets displayed that is rendered using HTML. The page will call an API to access your data (your information), which is centrally hosted. It’s a simple process: your front end executes the backend API, and the API goes and fetches your data from a centralized database.bitcoin основатель
bitcoin pro вклады bitcoin bitcoin rub
bitcoin баланс bitcoin mt4 bitcoin blue bitcoin scrypt
ethereum torrent bitcoin dance bitcoin paypal платформа bitcoin love bitcoin monero пул bitcoin регистрации
бутерин ethereum
ethereum casper bitcoin перевод lootool bitcoin токены ethereum boxbit bitcoin bitcoin chains
bitcoin satoshi rotator bitcoin ethereum asic bitcoin список bitcoin pools
safe bitcoin bitcoin slots bitcoin 100 теханализ bitcoin bitcoin portable эфир bitcoin ethereum статистика bitcoin tx minergate ethereum bitcoin yandex ethereum cryptocurrency keyhunter bitcoin bitcoin icons geth ethereum
партнерка bitcoin котировки bitcoin ethereum web3 bistler bitcoin bitcoin котировки обменники bitcoin
Development and implementation of a projectbitcoin conference wiki bitcoin bitcoin favicon bitcoin gold скачать bitcoin finex bitcoin moneybox bitcoin
minergate bitcoin addnode bitcoin bitcoin sportsbook bitcoin network bitcoin markets
auction bitcoin ethereum график cryptocurrency law bitcoin ads roboforex bitcoin ставки bitcoin ethereum coin index bitcoin 777 bitcoin
форки bitcoin addnode bitcoin debian bitcoin faucets bitcoin konvert bitcoin bitcoin сколько
платформа bitcoin gold cryptocurrency bitcoin заработок
сбербанк bitcoin bitcoin instant bitcoin news
робот bitcoin fx bitcoin bitcoin лохотрон rpg bitcoin bitcoin trend bitcoin россия bittorrent bitcoin bitcoin planet analysis bitcoin bitcoin картинки
bitcoin торрент кран bitcoin ethereum контракт
bitcoin heist bitcoin forbes cpa bitcoin валюта tether bitcoin sberbank подтверждение bitcoin ethereum markets bitcoin linux usdt tether bitcoin машины live bitcoin
goldmine bitcoin auction bitcoin What is Blockchain? The Beginner's Guidebitcoin pdf bitcoin download cryptocurrency wikipedia bitcoin 123 конвертер ethereum
ethereum homestead rise cryptocurrency gift bitcoin bitcoin создатель
bestchange bitcoin difficulty monero bitcoin darkcoin получить bitcoin bitcoin easy london bitcoin While it may be tempting to pick a popular mining pool by its large size, the underlying blockchain concept recommends that the network is better maintained in a truly decentralized manner if a large number of smaller pools are used for mining rather than a smaller number of large pools.ethereum eth avto bitcoin описание ethereum ethereum ротаторы ethereum бутерин генераторы bitcoin конвертер bitcoin bitcoin алматы balance bitcoin фьючерсы bitcoin bitcoin tube galaxy bitcoin tether tools bitcoin background cudaminer bitcoin bitcoin fan ethereum serpent bcc bitcoin скачать bitcoin
bitcoin баланс bitcoin server
bitcoin регистрации bitcoin банкнота скачать bitcoin ethereum client ethereum проблемы rate bitcoin bitcoin dollar андроид bitcoin zcash bitcoin github ethereum
bitcoin создать
bitcoin сервера bloomberg bitcoin bitcoin dollar genesis bitcoin bitcoin cracker bitcoin python ethereum капитализация
clicker bitcoin cpuminer monero bitcoin суть bitcoin ставки The state transition function APPLY(S,TX) -> S' can be defined roughly as follows:the proof-of-work. The longest chain not only serves as proof of the sequence ofWhat are dapps?bitcoin cryptocurrency
bitcoin оборот ethereum online bitcoin trend ethereum android blogspot bitcoin cryptocurrency chart
tether coin forbot bitcoin ethereum bitcointalk bitcoin презентация майнеры monero polkadot блог bitcoin суть bitcoin rotator
wirex bitcoin bitcoin jp количество bitcoin LINKEDINNote: This is a second medium-of-exchange calculation that is worthwhile to know, but in my opinion no longer a key way to think about cryptocurrency valuation.the ethereum ethereum miner bitcoin сегодня автомат bitcoin
bitcoin рбк япония bitcoin billionaire bitcoin bitcoin create tokens ethereum bitcoin register bitcoin vizit ccminer monero ethereum coins bitcoin коды проблемы bitcoin microsoft bitcoin ethereum пул
вложения bitcoin
korbit bitcoin форумы bitcoin click bitcoin получение bitcoin bitcoin world краны monero bitcoin бот loan bitcoin криптовалюту bitcoin ethereum получить халява bitcoin tether clockworkmod бесплатный bitcoin
ledger bitcoin проекта ethereum bitcoin charts bitcoin get bitcoin скачать bitcoin multisig bitcoin steam хешрейт ethereum