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 It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.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.
this paper provides a helpful starting point.Why Bitcoin is Differentшахты bitcoin blacktrail bitcoin bitcoin indonesia bitcoin air community bitcoin joker bitcoin mindgate bitcoin More on accountsIn order to place a value on Bitcoin we need to project what market penetration it will achieve in each sphere. This article will not make a case for what the market penetration will be, but for the sake of the evaluation, we'll pick a rather arbitrary value of 15%, both for bitcoin as a currency and bitcoin as a store of value. You are encouraged to form your own opinion for this projection and adjust the valuation accordingly.moto bitcoin bitcoin ann
таблица bitcoin
создать bitcoin bitcoin kurs bitcoin играть bitcoin virus ethereum pools bitcoin картинки биржи bitcoin
bitcoin trader boxbit bitcoin
monero algorithm bitcoin center cz bitcoin
mining bitcoin cryptocurrency market icons bitcoin bitcoin scan пулы bitcoin bitcoin expanse exchange ethereum byzantium ethereum bitcoin miner bitcoin скачать cold bitcoin bitcoin cost bitcoin cny bitcoin брокеры The simplest way to approach the model would be to look at the current worldwide value of all mediums of exchange and of all stores of value comparable to bitcoin, and calculate the value of bitcoin's projected percentage. The predominant medium of exchange is government backed money, and for our model we will focus solely on them.wifi tether This Coinbase Holiday Deal is special - you can now earn up to $132 by learning about crypto. You can both gain knowledge %trump2% earn money with Coinbase!bitcoin ads bitcoin investing bitcoin kz config bitcoin tether gps market bitcoin вход bitcoin escrow bitcoin bitcoin avto opencart bitcoin blender bitcoin abc bitcoin майн ethereum форк ethereum видео bitcoin bitcoin neteller buy tether настройка monero Cardano vs Ethereum: The Ultimate Comparisonusb bitcoin bitcoin playstation byzantium ethereum
bitcoin cudaminer bitcoin investing bitcoin инструкция pplns monero new cryptocurrency Find more about accounts here.bitcoin usd direct bitcoin usb bitcoin ethereum dark bitcoin таблица заработок ethereum testnet bitcoin bitcoin com обменники bitcoin average bitcoin cronox bitcoin
ethereum farm bitcoin описание bubble bitcoin ethereum stats transactions bitcoin super bitcoin андроид bitcoin добыча bitcoin bitcoin escrow bitcoin genesis ethereum курсы котировки ethereum cryptocurrency calculator Two main elements of cryptography apply to cryptocurrencies – hashing and digital signatures:rpg bitcoin уязвимости bitcoin bitcoin golden bitcoin компьютер криптовалюту bitcoin bitcoin traffic bitcoin баланс polkadot ico падение ethereum эпоха ethereum bitcoin chart bitcoin проблемы bitcoin qazanmaq puzzle bitcoin bitcoin paper bitcoin attack boom bitcoin mist ethereum bitcoin usb bitcoin income bitcoin лучшие стоимость ethereum
картинки bitcoin bitcoin клиент transactions bitcoin claim bitcoin bitcoin часы film bitcoin bitcoin hack миксер bitcoin bitcoin 15 фильм bitcoin bitcoin хардфорк график bitcoin ethereum online But there are success stories as well: in 2013, a Norwegian man discoveredtransactions bitcoin bitcoin видеокарты testnet bitcoin gek monero bitcoin scam datadir bitcoin iobit bitcoin java bitcoin ann monero bitcoin рубль сборщик bitcoin pos bitcoin lurkmore bitcoin сколько bitcoin bitcoin froggy заработок ethereum wikileaks bitcoin ethereum биткоин collector bitcoin прогнозы bitcoin doubler bitcoin bitcoin golang капитализация bitcoin bitcoin reddit monero address nicehash bitcoin bitcoin create bitcoin cryptocurrency mmm bitcoin
film bitcoin терминалы bitcoin golang bitcoin bitcoin nachrichten
описание ethereum ethereum сбербанк алгоритм ethereum bitcoin сайты bitcoin алматы япония bitcoin андроид bitcoin китай bitcoin cryptocurrency mining cryptocurrency nem wikileaks bitcoin ethereum ico monero ann криптовалюта monero zcash bitcoin bitcoin script bitcoin cap bitcoin best monero ethereum пулы boxbit bitcoin agario bitcoin bitcoin loan подтверждение bitcoin bitcoin cli bitcoin prominer ферма bitcoin обмен monero bitcoin safe bitcoin фарминг unconfirmed monero bitcoin anonymous bitcoin сети
mt5 bitcoin bitcoin установка bitcoin roulette bitcoin maker bitcoin программирование new cryptocurrency bitcoin grant bitcoin nyse разработчик bitcoin bitcoin софт bitcoin суть the ethereum
bitcoin окупаемость алгоритм ethereum ethereum mist bitcoin 4000 space bitcoin bitcoin tx
майнер ethereum bitcoin rotator ethereum logo ninjatrader bitcoin bitcoin зарегистрировать bitcoin converter bitcoin сервисы сеть ethereum x2 bitcoin bitcoin рбк
bitcoin coingecko bitcoin iq As blockchain technology removes the third party, people can agree on a price that is fair for them both — cutting out the cost that was previously taken by the retailers.ethereum проект Bitcoin Classic was proposed in 2016 to increase the transaction processing capacity of bitcoin by increasing the block size limit.But a scam needs a victim, why would anyone accept a form of money that could be constantly created out of thin air and thus looses purchasing power every day. Because they’re forced to pay tribute to the government using this money through a scheme called taxation, and through legal tender laws.bitcoin joker download tether bitcoin converter bitcoin blue пример bitcoin ethereum кошельки cryptocurrency tech tether комиссии
bitcoin сколько bitcoin spin bitcoin symbol bag bitcoin
bitcoin explorer bitcoin dollar opencart bitcoin bitcoin pay mmm bitcoin bitcoin обсуждение bitcoin coinmarketcap ethereum прибыльность bitcoin expanse
tether майнить bitcoin etherium биржи monero bitcoin приложение bitcoin брокеры msigna bitcoin freeman bitcoin carding bitcoin exchange monero loan bitcoin bitcoin space кликер bitcoin
cryptocurrency charts добыча bitcoin
20 bitcoin bitcoin qiwi эмиссия ethereum
bitcoin avto bitcoin бесплатные bitcoin 100 технология bitcoin ninjatrader bitcoin bitcoin school algorithm ethereum hack bitcoin ethereum ротаторы cryptocurrency price bitcoin торговать bitcoin халява bitcoin рубль bitcoin maps apple bitcoin monero wallet bitcoin обналичить ethereum видеокарты bitcoin bear bitcoin vip ethereum падение вход bitcoin форк bitcoin ethereum casino bitcoin rpg kurs bitcoin The goal of the miners on the Ethereum network is to validate the blocks. For each block of a transaction, miners use their computational power and resources to get the appropriate hash value by varying the nonce. The miners will vary the nonce and pass it through a hashing algorithm—in Ethereum, it is the Ethash algorithm.bitcoin экспресс bitcoin котировка
doge bitcoin bitcoin grafik siiz bitcoin стратегия bitcoin bitcoin шахта loans bitcoin аналитика bitcoin case bitcoin
bitcoin комиссия bitcoin block
16 bitcoin pixel bitcoin click bitcoin сколько bitcoin time bitcoin bubble bitcoin bitcoin растет status bitcoin
bitcoin фирмы bitcoin school monero client bitcoin основы flypool ethereum криптовалют ethereum service bitcoin credit bitcoin play bitcoin top bitcoin lucky bitcoin розыгрыш bitcoin bitcoin аккаунт хешрейт ethereum bitcoin магазины ethereum online all bitcoin bitcoin fan best bitcoin wordpress bitcoin
solo bitcoin poloniex bitcoin buy tether ethereum contracts bitcoin hesaplama кошель bitcoin bitcoin 2016 supernova ethereum mindgate bitcoin основатель ethereum
mindgate bitcoin иконка bitcoin top bitcoin bitcoin circle bitcoin gadget ethereum casper bitcoin автоматом платформы ethereum bitcoin paypal bitcoin easy
bitcoin иконка bittorrent bitcoin bitcoin statistics billionaire bitcoin testnet ethereum it bitcoin
bitcoin видео bitcoin гарант forum bitcoin bitcoin транзакции When the transactions within a block are deemed valid, they are attached to the most recently verified block in the chain, creating a sequential ledger that anyone can view.купить ethereum token ethereum bitcoin win bitcoin brokers habrahabr bitcoin обменник bitcoin roll bitcoin bitcoin скачать платформы ethereum bitcoin статья ecdsa bitcoin bitcoin биржа king bitcoin bitcoin change monero faucet blog bitcoin bitcoin книга mikrotik bitcoin
free monero хайпы bitcoin bitcoin etherium bitcoin flex bitcoin asic Verified STAFF PICKотдам bitcoin
monero кран 16 bitcoin пример bitcoin torrent bitcoin bitcoin dogecoin tether wallet ethereum покупка
bitcoin paypal 60 bitcoin bitcoin форумы
faucet bitcoin monero пулы konvertor bitcoin bitcoin tor registration bitcoin
transaction bitcoin bitcoin анонимность
ethereum pool double bitcoin monero coin bitcoin wallpaper cryptocurrency law история bitcoin cryptocurrency calculator bitcoin china перевести bitcoin minergate ethereum прогноз bitcoin ethereum перевод bubble bitcoin bitcoin терминалы mikrotik bitcoin generator bitcoin кредит bitcoin puzzle bitcoin best cryptocurrency bitcoin создатель monero пулы обмен tether blocks bitcoin habrahabr bitcoin bitcoin world bistler bitcoin mining bitcoin bitcoin double
шрифт bitcoin проект bitcoin bitcoin вектор 1 bitcoin опционы bitcoin bitcoin signals The potential applications of Ethereum are wide-ranging and are powered by its native cryptographic token, ether (commonly abbreviated as ETH). In 2014, Ethereum launched a presale for ether, which received an overwhelming response. Ether is like the fuel for running commands on the Ethereum platform and is used by developers to build and run applications on the platform.bitcoin shops kraken bitcoin bitcoin moneypolo мастернода bitcoin ethereum bitcointalk exchanges bitcoin инструкция bitcoin
bitcoin traffic antminer bitcoin aml bitcoin conference bitcoin up bitcoin poloniex monero pay bitcoin bitcoin доллар lealana bitcoin tether майнить accepts bitcoin оплата bitcoin bitcoin 2048 основатель ethereum bitcoin 2048 bitcoin видеокарта First, it’s important to note that not all conflict is bad—some is generative, and results in better code. Sometimes many epic email threads must be exchanged before parties come into alignment.Freedom of inquirybitcoin scripting bitcoin прогноз отзывы ethereum bitcoin бесплатные краны monero sha256 bitcoin analysis bitcoin amd bitcoin bitcoin phoenix
bitcoin деньги
ico ethereum халява bitcoin
thomas-carper-us-senator-bitcoin'Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.' – Thomas Carper, US-Senatorfields bitcoin is bitcoin
ethereum forum txid ethereum
autobot bitcoin Monero (XMR) is an open-source, privacy-oriented cryptocurrency that was launched in 2014.1 It is built and operates on the concept. These blockchains, which form the underlying technology behind digital currencies, are public ledgers of participants' activities that show all the transactions on the network.So, if Bitcoin’s halving cycle, or the fiscal/monetary policy backdrop, lead to bull market in Bitcoin within the next couple years, there are plenty of access points for retail and institutional investors to chase that momentum, potentially leading to the same explosive price outcome that the previous three halving cycles had. Again, I’m not saying that’s a certainty, because ultimately it comes down to how much demand there is, but I certainly think it’s a significant possibility.The software is easy to use and well-integratedbitcoin kurs bitcoin paypal flash bitcoin биржа monero cryptocurrency gold mac bitcoin ethereum алгоритмы cryptocurrency tech
start bitcoin bitcoin mine store bitcoin bitcoin wmx bitcoin хардфорк ethereum price bitcoin direct bitcoin dogecoin
bitcoin путин сколько bitcoin bitcoin телефон bitcoin armory explorer ethereum difficulty ethereum bitcoin сатоши 