Litecoin (LTC) is among the popular cryptocurrencies that uses proof-of-work function to secure the network. Invented in October 2011 by Charlie Lee (former Google engineer), Litecoin almost copied the key features of Bitcoin, such as Litecoin blockchain is a decentralized distributed public ledger like Bitcoin. In July 2013, 1 LTC = $2.80 and now, in August 2017, Litecoin has a value of $ in the market.
After several mining process analysis and testing, Litecoin mining process is bit expensive. Transaction verification process of Litecoin is based on the proof of verification, which verifies the each transaction. Every transaction records in blockchain and set of tranactions will turn into a block. Risk factors are purely zero.
Are you interested in Litecoin Mining?
Mine Litecoin with
Litecoin uses a unique and different algorithm called scrypt proof-of-work, this allows users to mine the coins. GPU hardware kind will also support in mining process of Litecoin. Around 2.5 minutes will take to coonfirm the process. Compare with Bitcoin it take only 25% of time to confirm the transaction. 84 million units of currency units are present in financial market.
Hardware efficiency, Hash power and electricity cost are major factors deciding factors of Litecoin profitability
In addition, litecoin mining calculators can also be used to find out the estimate of profitability of hardware.
Bitomax is one of the leading cryptocurrency mining service providers across the world. With an access to the leading latest technologies and big industrial data centers, Bitomax provides excellent mining services at an affordable price. Bitomax mining platform simplifies the Litecoin Mining process and provides the newly mined coins in the easiest way. The list of services include –
Mine Litecoin with Three Easy Steps
It all take just 2 to 3 minutes of your time to start mining and earning
Check packages which suits you and make payment.
Order process is done. Now check your payouts on daily basis.
To Earn maximum Hashrate ROI, Signup for cryptocurrencies mining
and earn profit upto 108%.