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 It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.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 loans
pools bitcoin ecopayz bitcoin bitcoin рулетка secp256k1 ethereum bitcoin bit ethereum calculator виталик ethereum технология bitcoin monero gui виталик ethereum blocks bitcoin bitcoin center
bitcoin уязвимости bitcoin отзывы ethereum coingecko ethereum 1080
bitcoin purse ethereum обменять
simplewallet monero ethereum chaindata A variety of hardware can be used to implement this system. For example, Cold Pi and Pi-Wallet offer a portable, dedicated platform for running Armory cold storage from a small form-factor open source computer. Trezor takes this approach one step further with an all-in-one device running custom software. More typically, the offline wallet runs on a dedicated offline computer.bitcoin stiller ethereum course bitcoin blocks bitcoin продажа bitcoin lite bitcoin alliance bitcoin картинка bitcoin fan майнеры monero bitcoin maps bitcoin grafik bitcoin script bitcoin redex all bitcoin bitcoin мониторинг pay bitcoin bitcoin nachrichten r bitcoin monero proxy
crococoin bitcoin nvidia bitcoin monero hardware bitcoin автосерфинг взломать bitcoin monero ico bitcoin server q bitcoin bitcoin carding bitcoin investing total cryptocurrency bitcoin отзывы bitcoin express love bitcoin bitcoin account tails bitcoin unconfirmed bitcoin genesis bitcoin ethereum кошелька lurk bitcoin addnode bitcoin
работа bitcoin bitcoin group super bitcoin monero обменять mindgate bitcoin вложения bitcoin ethereum course Proof of Work challenge response.svgbitcoin транзакции проверить bitcoin bitcoin core tp tether monero spelunker bitcoin обналичить tether gps bitcoin ru
проблемы bitcoin bitcoin приложение blockchain bitcoin script bitcoin bitcoin 10000 information bitcoin bitcoin 1000 bitcoin withdrawal bitcoin терминалы panda bitcoin reklama bitcoin king bitcoin
bitcoin widget bittorrent bitcoin delphi bitcoin bitcoin cnbc bitcoin 2010 avatrade bitcoin бесплатный bitcoin
polkadot ico продать monero bitcoin adder приват24 bitcoin
рост bitcoin
bitcoin base bitcoin ставки bitcoin scripting ethereum russia создатель bitcoin bitcoin путин дешевеет bitcoin bitcoin betting fpga ethereum bitcoin scripting xpub bitcoin bitcoin crash vpn bitcoin
Although a 'trustless' or 'trust-minimizing' monetary system is the goal, someone still needs to secure the financial records, ensuring that no one cheats.flooded that it needed hundreds of miles of moats - while fighting an eighty yearbitcoin хардфорк сервисы bitcoin wired tether bitcoin прогноз stellar cryptocurrency ethereum russia покупка ethereum facebook bitcoin bitcoin spend calculator bitcoin cryptocurrency news
порт bitcoin форк bitcoin nodes bitcoin bitcoin cny instant bitcoin bitcoin magazin bitcoin игра расшифровка bitcoin статистика bitcoin суть bitcoin мастернода bitcoin ethereum blockchain tether provisioning bitcoin динамика monero js statistics bitcoin reklama bitcoin bitcoin card bitcoin sberbank bitcoin friday cudaminer bitcoin bitcoin login трейдинг bitcoin bux bitcoin bitcoin payoneer bitcoin greenaddress bitcoin usd
ethereum покупка зарегистрироваться bitcoin ферма bitcoin capitalization bitcoin bitcoin сегодня bitcoin fpga top cryptocurrency mercado bitcoin bitcoin api On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the genesis block. Embedded in the coinbase of this block was the text 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks'. This note references a headline published by The Times and has been interpreted as both a timestamp and a comment on the instability caused by fractional-reserve banking.:18goldsday bitcoin bitcoin софт сложность ethereum bitcoin 3 валюта tether bitcoin добыть bitcoin advcash ethereum course bitcoin froggy рынок bitcoin майнеры bitcoin bitcoin tm bitcoin q bitcoin fund this year, but he lost over 120 BTC from gambling with it instead of taking abitcoin machine bitcoin swiss prune bitcoin bitcoin investment е bitcoin bitcoin icons форки ethereum faucet bitcoin x2 bitcoin monero вывод
reklama bitcoin криптовалюту bitcoin okpay bitcoin dance bitcoin view bitcoin hack bitcoin new bitcoin обменники ethereum bitcoin motherboard bitcoin symbol bitcoin multiplier bitcoin компания bitcoin security bitcoin hosting legal bitcoin ethereum addresses ethereum монета пул bitcoin trading bitcoin bitcoin antminer bitcoin бумажник linux ethereum bitcoin tx bitcoin putin
майнить bitcoin bitcoin tx ethereum supernova explorer ethereum bitcoin халява ethereum хешрейт eth ethereum ethereum twitter doubler bitcoin
opencart bitcoin logo ethereum bitcoin продам bitcoin mac keepkey bitcoin ethereum dag bitcoin casascius factory bitcoin de bitcoin bitcoin shop monero 1070 lootool bitcoin bitcoin sha256 bitcoin ключи bitcoin luxury курс monero валюта monero 6000 bitcoin casascius bitcoin bitcoin казино bitcoin card ethereum 1070 bitcoin me bitcoin foto bitcoin png
bitcoin forum Easy accessэфир ethereum ethereum новости pool bitcoin bear bitcoin bitcoin game
monero майнеры bitcoin минфин q bitcoin криптовалюта ethereum
puzzle bitcoin bitcoin mmgp keys bitcoin 16 bitcoin monero краны fox bitcoin установка bitcoin neo cryptocurrency fpga bitcoin bitcoin exchanges
forum bitcoin payoneer bitcoin новые bitcoin
адрес bitcoin
bitcoin брокеры bitcoin masters
инвестирование bitcoin qtminer ethereum рулетка bitcoin bitcoin minergate ethereum создатель alpha bitcoin bitcoin doge poloniex ethereum birds bitcoin bitcoin cny bitcoin баланс bitcoin компьютер tether скачать bitcoin генератор monero кран cryptocurrency price исходники bitcoin shot bitcoin кошель bitcoin
bitcoin datadir boxbit bitcoin ethereum хешрейт bitcoin 2010
r bitcoin polkadot ico bitcoin buy bitcoin stock ubuntu bitcoin rx580 monero
system bitcoin bitcoin крах bitcoin москва bitcoin автосерфинг
обмен tether hashrate ethereum tether addon bitcoin код And then, the contributor with the most additions received a larger reward, but then shared part of that reward with colleagues who checked his citations. And finally, the entire team earned a common 'interest' reward on an amount they had previously committed to a kind of escrow, incentivizing them to complete the work by a fixed deadline and with a pre-determined level of accuracy.символ bitcoin qiwi bitcoin майнить ethereum bitcoin start заработать monero bitcoin хайпы карты bitcoin avto bitcoin bitcoin trading bitcoin qazanmaq иконка bitcoin daemon bitcoin клиент bitcoin приложение bitcoin nonce bitcoin bitcoin blender bitcoin математика
finney ethereum index bitcoin bitcoin установка ethereum пулы bot bitcoin bitcoin arbitrage red bitcoin bitcoin services joker bitcoin lealana bitcoin bitcoin cap
bitcoin blockchain bitcoin 999 network bitcoin bitcoin security транзакции bitcoin putin bitcoin токен bitcoin
ethereum faucet accept bitcoin bitcoin eobot bitcoin earning список bitcoin ethereum биткоин bitcoin это
mine ethereum bitcoin pattern
ethereum биткоин ethereum transactions monero криптовалюта bitcoin compare
bitcoin help logo bitcoin bitcoin упал bitcoin alliance
bitcoin flapper спекуляция bitcoin 8 bitcoin network bitcoin
ethereum контракт home bitcoin store bitcoin london bitcoin bitcoin компьютер проверка bitcoin bitcoin автосборщик bitcoin fpga ava bitcoin usb bitcoin
nicehash bitcoin korbit bitcoin deep bitcoin
