Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: olivia on October 15, 2018, 03:17:52 AM
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Hello,
i just read about litecoins and realized that litecoins are usually mined by CPUs.
I have a lot of servers in datacenters with much unused CPU performance.
Does it make sense to use these servers for litecoin mining to earn some money?
Thanks.
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The biggest advantage for Litecoin over others is that it enjoys an enthusiastic support from its huge and increasing community.Otherwise Litecoin is essentially the same as Bitcoin, except much faster.
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Litecoin is a very good coin and has the potential to give big profits to those miners, and you can do all mining and will make a lot of money, and I think it's very easy to do and mining will give you lots of benefits.
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It makes perfect sense and it is absolutely true that mining Litecoin is very profitable and gives a lot of money, I really like doing it all, and it will be very good if you use a CPU that is not used.
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Yes, and in addition, Litecoin takes just 2 and a half minutes on transactions, meaning purchases online or in stores can be performed much faster. Also, Litecoin total is 84million, this mean the coins should be cheaper, more widespread and easier to acquire.
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Here are three key benefits of Litecoin:Faster transaction confirmation time (4x faster than BTC) ,Increased storage efficiency due to scrypt usage in LTC proof-of-work algorithm ,More coins to reward miners (84mn to be distributed total compared to 21mn BTC).
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For me it is worthy to be Litecoin. Litecoin is indeed a good and profitable mining field for everyone, including myself. But to be honest, I can't guarantee when Litecoin is mined with an unused CPU and using an unclear server.
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Let’s go over the advantages of LTC:the main virtue of Litecoin cryptocurrency is its work speed (if you compare it with the classic Bitcoin, then the closing speed of the blocks is four times faster (10 minutes for BTC, 2.5 minutes for LTC.
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Litecoin has several advantages that other coins do not exist, one of which is a faster transaction time, the cost is very cheap, you are right to mine with the CPU can produce many benefits.
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Less political. Bitcoin is plagued with internal political wars over who control the future development of Bitcoin
Faster to adopt new technologies. Bitcoin is so massive that any single change may require a year of infighting. SegWit took more than a year to get activated.