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Author Topic: How Do You Mine Litecoin?  (Read 2675 times)

Offline Crestie C. Tuvilla

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How Do You Mine Litecoin?
« on: May 24, 2018, 05:38:42 AM »
First things first. If you're only interested in owning litecoin, you should probably just buy it from an exchange such as Coinbase. If, on the other hand, you want to try your hand at mining litecoin – because you think you have the time and resources necessary to make a profit, because you want to help keep the litecoin network decentralized, or out of a sense of curiosity – this guide will give you a sense of the concepts, an introduction to the vocabulary, and suggestions for further research.

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How Do You Mine Litecoin?
« on: May 24, 2018, 05:38:42 AM »

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Offline spatialiste

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Re: How Do You Mine Litecoin?
« Reply #1 on: May 24, 2018, 06:13:00 AM »
Sorry, but I think you forgot to put the link to the guide  ;)

It seems to me that the LTC is mining need ASICs, since it is a fork of Bitcoin.
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Offline linkdefeu

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Re: How Do You Mine Litecoin?
« Reply #2 on: May 24, 2018, 12:13:23 PM »
Hello  :)
you forgot the link of guide ^^

But for me, I never mined LTC, i don't know if it's profitable to mine it  ::)

Asics is needed i guess ? And Asics is so expenssive  :(

But i'll like to read your guide when you'll post it. I'm curious  :D

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Offline Cordillerabit

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Re: How Do You Mine Litecoin?
« Reply #3 on: May 24, 2018, 03:26:56 PM »
First things first. If you're only interested in owning litecoin, you should probably just buy it from an exchange such as Coinbase. If, on the other hand, you want to try your hand at mining litecoin – because you think you have the time and resources necessary to make a profit, because you want to help keep the litecoin network decentralized, or out of a sense of curiosity – this guide will give you a sense of the concepts, an introduction to the vocabulary, and suggestions for further research.

A friendly reminder, to avoid getting negative karma please post the complete detail of your guide buddy.

Offline Crestie C. Tuvilla

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Re: How Do You Mine Litecoin?
« Reply #4 on: May 25, 2018, 02:42:13 PM »
thank you for the reminder..

--sorry for those who read my post uncomplate.

Offline troiano9

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Re: How Do You Mine Litecoin?
« Reply #5 on: May 25, 2018, 10:47:41 PM »
I would not reccomend mining litecoin unless you have right ASICs to do it.  And if you do, you probably wouldnt be on here asking if you should do it

Offline cashbit

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Re: How Do You Mine Litecoin?
« Reply #6 on: September 27, 2018, 10:36:40 AM »
Mining Litecoin is easier, you can download the application on PlayStore. Open the application and sign in, then you can start mining. During the mining process, you will see the ad and close it. After that, claim LTC and minimize. And LTC has become yours.

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Re: How Do You Mine Litecoin?
« Reply #6 on: September 27, 2018, 10:36:40 AM »


Offline Zhuting

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Re: How Do You Mine Litecoin?
« Reply #7 on: October 05, 2018, 12:08:00 AM »
Litecoin is a cryptocurrency like Bitcoin, but with a different "Scrypt" algorithm. This algorithm process initially makes it easy for personal computer users to mine Litecoin, but the ASIC miner can now process the Scrypt algorithm, so without a large investment, you will be more difficult to start mining.
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Offline Gunung_ulo

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Re: How Do You Mine Litecoin?
« Reply #8 on: October 06, 2018, 01:23:38 PM »
it is absolutely true that most people get litecoin from a coinbase purchase and actually it would be nice if we do mining for litecoin, and we can be free.

Offline Mikam

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Re: How Do You Mine Litecoin?
« Reply #9 on: October 09, 2018, 12:43:23 AM »
If you want to get LTC for free, you can mine it. Mining Litecoin is easier, you can download the application on PlayStore. Open the application and enter, then you can start mining. During the mining process, you will see the ad and close it. After that, claim LTC and minimize it. And LTC has become yours.

Offline Agneta

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Re: How Do You Mine Litecoin?
« Reply #10 on: October 11, 2018, 12:44:52 AM »
If you mine Litecoin as a speculative investment, or to be used as a payment method, you better buy Litecoin directly, instead of mining.
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Re: How Do You Mine Litecoin?
« Reply #11 on: October 11, 2018, 10:40:08 AM »
This algorithm process initially makes it easy for personal computer users to mine Litecoin, but the ASIC miner can now process the Scrypt algorithm, so without a large investment, you will be more difficult to start mining.

Offline reshat

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Re: How Do You Mine Litecoin?
« Reply #12 on: October 16, 2018, 09:23:24 PM »
First things first. If you're only interested in owning litecoin, you should probably just buy it from an exchange such as Coinbase. If, on the other hand, you want to try your hand at mining litecoin – because you think you have the time and resources necessary to make a profit, because you want to help keep the litecoin network decentralized, or out of a sense of curiosity – this guide will give you a sense of the concepts, an introduction to the vocabulary, and suggestions for further research.


Offline Meysa123

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Re: How Do You Mine Litecoin?
« Reply #13 on: October 20, 2018, 12:41:03 AM »
buying in coinbase is very good indeed and I also really like litecoin, I want to buy it and invest in the next one to two years I will sell.
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