Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: steve1983 on March 20, 2018, 07:09:00 AM
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How you make Litecoin mining into the profitable mining?
Because today the scenario for the mining is change significantly...
Mining become tough day by day...
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The correct is. I want to purchase ledu (listed in bibox and gate.io) I missed their ICO and the coin is currently in dip. Please can you analyze and help me?
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Lol, is not easy.
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Yes of course very tedious
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No!! LTC is easier to mine and profitable. The LTC coin mining algorithm is simpler than Bitcoin. You can mine this coin with a computer with a spec that is not too high. This LTC mine also doesn't need much energy.
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For me, litecoin mining is now very difficult, until now I have not found a way to mine profitably because people rarely do it.
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Litecoin is easier to mine, but I don't like mining if it's only on a computer, I prefer mining using mining vga tools.
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Because there are already many miners from the fierce competition, the more thinning the supply is, the more difficult it is to crack the code
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It gets reset every few days to keep the blocktime at 2.5 minutes on average. Unfortunately for anyone who is already mining, more miners get sold everyday and hit the network, making it harder for existing miners. Unless mining gets unprofitable, no one is going to shut theirs off. The only way it will go down is if people switch to other scrypt coins that may be more profitable at the time.
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it's true of what you say, that mining now becomes very difficult, and maybe we have to strengthen our tools, so that we can mine even stronger.
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The LTC coin mining algorithm is simpler than Bitcoin. You can mine this coin with a computer with a spec that is not too high. This LTC mine also doesn't need much energy.
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yes it's really very difficult now to mine litecoin in my opinion, but it's not as difficult as bitcoin whose algorithm is a little more complicated, I think mining litecoin is more valuable now than bitcoin which is only a little to get and not quickly obtained.
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Nothing has really changed in recent times in terms of mining. People may not see it at as a profitable venture anymore that's what I have noticed.
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it is true that litecoin mining is becoming increasingly difficult, but I also strongly believe that there will be ways to facilitate mining.
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Now, I don't start mining for Litecoin or other coins yet. I think mining spends too much costs and resul with little amount of money. With this fact, I decide to not mine temporarily. I want to see the development on crypto space firstly.
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Mining Bitcoin has also been very difficult and now to mine LiteCoin?
It's better to mine Bitcoin well and use it first, then mine LiteCoin.