Mining Litecoin: beginners guide

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The difficulty should not explode 2. The value of the mined currency should stay stable or even increase. So I want to share some information and calculation to help you to find an answer maybe to get into mining or not. There were some heavy increases in the difficulty cause of the massive hashrate increase in the litecoin network over the last weeks. But Let's do the math for our own equipment with electricity cost:. Now a lot of people get greedy and forget one thing these online calculators mostly miss out, too.

As you hash calculator litecoin price see after 14 Month u will be forced to shut down the machine due to the high electricity cost. As you can see based on this calculation you will be in profit but it's not even close to that results of the online mining calculators.

So be careful consider the network could grow really fast cause it's not that mature like the bitcoin network is already with 4 Exahashes. If you want to take the risk you can gain really good. But be careful and think about the high energy and rising difficulty.

If you have any questions concerning mining or pool mining i have interests in that one, too just let me know. If I don't find an answer I am quite sure I can direct you to someone you can give us the answer. Feels good to serve u some content my friend. Usually I join your videos. Everybody should join a daily cup of coffee with Hash calculator litecoin price Forrest of Bitcoin and Coffee. The difficulty is going to explode as bitmain will when deliveries start world wide.

I hope they do but let's wait and see. There should absolutely be a limit per household on these machines. People buying them in bulk just to resell them the next day at 4x the price is bullshit. Anyone interested can check my blog post on it. Want to Hash calculator litecoin price Litecoin Mining? Hi Crypto Lovers, there are rumours around that litecoin mining is and will hash calculator litecoin price super profitable now and in the future cause of it's possibilities to gain in price due to segwit activation and new hash calculator litecoin price technologies like lightning network.

First of all a Mining operation is always risky and you should be careful: There are 2 major factors that a mining operation will be a success: The value of the mined currency should stay stable or even increase So I want to share some information and calculation to help you to find an answer maybe to get into mining or not.

Let's see a Litecoin difficulty chart: That was heavy the last 14 days. But now do the math. But Let's hash calculator litecoin price the math for our own equipment with electricity cost: As you can see the hashpower hash calculator litecoin price own will loose in value really fast. Let do the sum of the first 14 month: Thanks for reading this article Sascha. Authors get paid when people like you upvote their post.

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