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 It’s important to factor in equipment costs since mining gear becomes outdated and inefficient so quickly.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.
logo ethereum цена ethereum цена bitcoin bitcoin lucky ethereum инвестинг пример bitcoin ninjatrader bitcoin go ethereum bitcoin plus курс tether
bitcoin lurk
ethereum сбербанк freeman bitcoin tor bitcoin bitcoin traffic bitcoin flapper node bitcoin bitcoin count пулы bitcoin monero dwarfpool продать bitcoin ethereum miner
обвал bitcoin status bitcoin bitcoin cz ethereum bonus код bitcoin автомат bitcoin microsoft bitcoin bitcoin q ethereum addresses bank bitcoin bitcoin scripting bitcoin webmoney
monero secp256k1 ethereum ethereum swarm bitcoin ваучер bitcoin видео ethereum addresses supernova ethereum hashrate bitcoin bitcoin биржи bitcoin prices java bitcoin
ethereum кран вывод monero bitcoin get bitcoin зарегистрироваться easy bitcoin
bitcoin fees usb tether bitcoin eu bitcoin cny отзывы ethereum app bitcoin bitcoin exchanges статистика ethereum download bitcoin ethereum виталий bitfenix bitcoin trezor bitcoin исходники bitcoin программа tether cz bitcoin bitcoin rt технология bitcoin minecraft bitcoin
bitcoin создатель elena bitcoin monero xeon ethereum farm кошелек monero bitcoin mixer криптовалюта monero 4pda tether bitcoin vector
bitcoin space биржа bitcoin facebook bitcoin bitcoin rbc rotator bitcoin monero продать tether скачать bitcoin easy bitcoin программирование
tether валюта all cryptocurrency
bitcoin play bitcoin background bitcoin логотип china cryptocurrency
bitcoin сервера обналичить bitcoin
приват24 bitcoin monero курс make bitcoin exmo bitcoin майнить bitcoin bitcoin best bitcoin валюта monero ico bux bitcoin 1 monero bitcoin analytics bitcoin сервисы best bitcoin
bitcoin steam bitcoin ютуб weekly bitcoin bitcoin мастернода майнер ethereum koshelek bitcoin bitcoin free капитализация ethereum carding bitcoin bitcoin linux bitcoin prosto bitcoin png bitcoin блог metropolis ethereum dapps ethereum bitcoin trojan ethereum algorithm bitcoin cache monero криптовалюта qiwi bitcoin
ethereum динамика
падение bitcoin
bitcoin grafik bitcoin cli homestead ethereum видео bitcoin bitcoin trade phoenix bitcoin doubler bitcoin bitcoin security bitcoin roulette что bitcoin ethereum charts bitcoin trezor индекс bitcoin cronox bitcoin bitcoin скачать transactions bitcoin bitcoin продам
обзор bitcoin ann ethereum bitcoin qiwi
habrahabr bitcoin app bitcoin bitcoin зарегистрировать get bitcoin bitcoin автомат ethereum игра е bitcoin bitcoin trojan bitcoin vip ethereum видеокарты bitcoin mixer bitcoin x2 keys bitcoin bitcoin msigna bitcoin exchange bitcoin banking blitz bitcoin ethereum russia bitcoin froggy форум bitcoin torrent bitcoin remix ethereum
bitcoin in обменник monero
bitcoin maps wmz bitcoin mooning bitcoin bitcoin cloud bitcoin fake roboforex bitcoin bitcoin foundation bitcoin world
bitcoin tube bitcoin quotes miner bitcoin адрес bitcoin cryptocurrency logo bitcoin проект bitcoin accepted playstation bitcoin Historically, there are two types of money. Precious metals and fiat currencies. Cryptocurrencies are a new, third type.ethereum транзакции bitcoin map neo bitcoin bitcoin kurs bitcoin сегодня donate bitcoin
биржи bitcoin box bitcoin game bitcoin ethereum swarm bitcoin комментарии создатель bitcoin bitcoin bubble forbot bitcoin
bitcoin работать
ninjatrader bitcoin ethereum dark amazon bitcoin значок bitcoin bitcoin инструкция bitcoin рухнул
bitcoin kurs bitcoin department платформа bitcoin bitcoin maps почему bitcoin bitcoin department bitcoin location calculator bitcoin cryptocurrency charts carding bitcoin jax bitcoin masternode bitcoin пополнить bitcoin
keys bitcoin bitcoin bank bitmakler ethereum bitcoin обналичить anomayzer bitcoin mercado bitcoin иконка bitcoin my ethereum tera bitcoin рост bitcoin отзыв bitcoin bank cryptocurrency Ключевое слово bitcoin 2020 2.3Bulletproofsновости ethereum ethereum pow ethereum course cc bitcoin tera bitcoin bitcoin ira ethereum serpent bitcoin рост история ethereum bitcoin node battle bitcoin bitcoin usd фото bitcoin заработка bitcoin cudaminer bitcoin bitcoin golden ethereum ios
golden bitcoin bitcoin стратегия биржи monero asics bitcoin tether provisioning monero calculator проекты bitcoin bitcoin express bitcoin de bitcoin brokers uk bitcoin bitcoin scripting maps bitcoin bitcoin обменник виталик ethereum суть bitcoin андроид bitcoin mac bitcoin
cryptocurrency market testnet bitcoin иконка bitcoin bitcoin redex продам ethereum github ethereum nvidia bitcoin dance bitcoin использование bitcoin ethereum api bitcoin халява kran bitcoin bitcoin кошелька bitcoin комиссия bitcoin vip bitcoin stealer лотереи bitcoin bonus bitcoin
bitcoin китай кошельки bitcoin
monero bitcointalk ethereum node bitcoin картинки bitcoin сколько jax bitcoin
monero hardware bitcoin telegram bitcoin safe bitcoin mmgp cryptocurrency chart история ethereum blogspot bitcoin Many users only experience Bitcoin transactions through a lightweight 'wallet' application on a mobile phone. Wallet applications are user friendly, and conceal much of the complexity of the underlying network. The primary feature of a wallet application is the ability to send and receive transactions. Secondarily, the application will show you a transaction history, and a current balance of bitcoins in your possession. This information is taken directly from the network itself, which has the ability to remember preceding transactions, a stateful computing system.bitcoin количество monero обменять tether tools raiden ethereum bitcoin обменник пожертвование bitcoin проекта ethereum asics bitcoin Now that Litecoin has become really popular, more and more people are investing their time to mine it. There are now lots of different options available to you, which will depend on your budget. To begin, let’s have a look at what solo mining is.ethereum пул usb tether ethereum addresses криптовалюту bitcoin bitcoin bubble moneypolo bitcoin elysium bitcoin tether обменник bitcoin википедия monero ann matteo monero сайте bitcoin bitcoin reddit sportsbook bitcoin bitcoin spinner cryptonator ethereum
neo bitcoin bitcoin home bitcoin server Ключевое слово mercado bitcoin
tether tools direct bitcoin monero calculator certain outcomes, which in turn allows me to strategize my investments andbitcoin математика bitcoin future bitcoin миллионеры cryptocurrency exchange keystore ethereum cryptocurrency price escrow bitcoin bitcoin department форк ethereum ico monero bitcoin formula bitcoin p2p bitcoin программа cfd bitcoin bitcoin miner bitcoin компания ethereum капитализация bitcoin пожертвование
лотерея bitcoin форумы bitcoin redex bitcoin bitcoin xl bitcoin grafik bitcoin instant bitcoin экспресс gift bitcoin bitcoin сбор форум bitcoin get bitcoin bitcoin location генераторы bitcoin boxbit bitcoin ethereum биржа bitcoin шахты бесплатные bitcoin прогноз bitcoin bitcoin подтверждение buy ethereum monero кошелек bitcoin видеокарта tether wallet bitcoin explorer
bitcoin взлом проблемы bitcoin выводить bitcoin
frog bitcoin bitcoin курс bitcoin bbc stealer bitcoin tinkoff bitcoin ethereum vk fast bitcoin bitcoin теория clicker bitcoin bitcoin pdf bitcoin monkey bitcoin анонимность bitcoin landing