Need help with Litecoin mining, which you know about it?

[Syldan]

I think the mining of litecoin is almost similar or if not the same with the mining process of other coins. even though it needs the use of some sophisticated devices which may helped you achieved.

 

[Sotherefore]

You could get some litecoin mining bots on Telegram. This will generate litecoin in satoshi for the users.. I also know of some legitimate faucet for accumulating litecoin.

I have it before but it did not really woth the stress I was going to that is why I dropped it, it is not even easy to even consider making up to $1 sort of LTC with the bot, I don't know about you

 

[Lens]

I have it before but it did not really woth the stress I was going to that is why I dropped it, it is not even easy to even consider making up to $1 sort of LTC with the bot, I don't know about you

It will take you donkey years to accumulate 1 LTC . It's definitely a waste of the time. It is better to channel ones energy on more productive things than wasting ones time.

 

[Syldan]

The mining of litecoin, I believe it's just like the mining of any other cryptocurrency even though their is a needs for the use of some sophisticated devices that will helped or enhance your mining process.

 

[Setho]

Are cryptocurrencies are usually been confirmed on the block chain by physical people and then they are being rewarded with the transaction fees that you have been charged. You need a lot of sophistication tools before you can be able to successfully mine any cryptocurrency.

 

[Sotherefore]

It will take you donkey years to accumulate 1 LTC . It's definitely a waste of the time. It is better to channel ones energy on more productive things than wasting ones time.

Lolz, I don't think there is any legit ways of mining cryptocurrency on the internet. Mining cryptocurrency is done professionally in a mining pool. A lot of people are being scammed online Daily because of mining.

 

[Bookwormlux]

I am not even interested in mine in this particular cryptocurrencies at all , because it doesn't even have much potential not to talk of wasting my time going to the task of mining it.

 

[Chibson]

Litecoin mining applications I have come across is not really profitable. I spent some weeks on it to mine but I was not able to make anything reasonable from it, so I had to give up. if you are talking about profitable way of mining litecoin then you need a laptop or some sophisticated softwares.

 

[Josephjossy]

to be honest with you, i dont know much about crypto mining, I thinkyou need to learn it from expects, you need to learn it from those that are into the business already

 

[Ononivami]

I have not mined Litecoin before but I have it in mind to do so. The major discouraging factors in mining is the low returns if one does it in small scale. It is better to get a very good miner to gain something very reasonable.

 

[Setho]

Bitcoin actually has a lot more volume of transactions than any other cryptocurrencies who it is going to be generally profitable if you are mining Bitcoin and the fees that is being charged is also a good one too.

 

[glitch]

I don't know much about mining in general. What made you pick this one to mine?

I would say to just research on YouTube and Reddit and see what other people are using and their setups for it. It takes a long time to mine a single coin.

 

[Smiles20]

Litecoin is actually one of the most easiest ways of mining cryptocurrency because it does not take so much time in order for new blocks to be formed. You are not going to be making as much money as Bitcoin.

 

[Sincerem]

While mining a cryptocurrency like Litecoin might sound profitable depending on how popular cryptocurrencies are right now, there are real costs associated with mining activities. Hardware costs can reach hundreds of dollars, and miners with just one GPU will compete against companies with far more hardware supplies. Hardware such as strengthening the hardware to the level required to run scripts successfully and a fast and reliable network connection can be expensive.

You need one or more ASIC miners to be able to mine. We can say that the difficulty level is the increase in the digging power of the pools you dig compared to your excavation power and the decrease in the rate of LTC digging against intense demand. In other words, if we say that 10 miners can dig 10 LTC per day while digging with 505Mh / s with Antminer L3 +, we can make an example as if the number of miners increases to 20, they will mine 5 LTC per day. But there is no linear proportion involved, the reason for this is ASIC minerals. The difficulty therefore increases logarithmically. A person who gets 505Mh / s Antminer L3 + in the first batch can dig 3 LTC per day and start digging 0.3 LTC after 3-4 months. In other words, if the demand increases, the difficulty increases, if it decreases, you can produce a logic like decreasing.

Well, crypto currency mining is a good way to earn more crypto currency but in terms of how much profitable bit can be it is only dependant on how much time you spend mining and it take time to gain a substantial amount of crypto currency through mining.

 

[Ononivami]

Actually, in have not mined the Litecoin. The Litecoin is also a very good cryptocurrency that one could consider adding to ones portfolio of cryptocurrencies because it's also a promising project.

 

[Lens]

I have mined some cryptocurrencies but I have not mined litecoin. I believe that you will get the needed lead here on thr forum. You could also get the necessary on the litecoin mining on YouTube.

 

[zelalem]

I have been mining Litecoin through Telegram bots for about 6 months. The process is very slow and takes a lot of time, but there is no registration fee so it's worth a try.

 

[Ononivami]

I have not mined the Litecoin and so my experience on the mining of the Litecoin is very minimal. There are various apps that could mine several cryptocurrencies like the AAminer.

 

[Lens]

The litecoin mining is very important because our is definitely one of the ways to make money online and I have the plans to work on the cryptocurrency too.

 

[Ononivami]

I have not mine litecoin before but I know of different site that you could earn some satoshi's of litecoin from faucet site and decides he would give you something very small.