Profit from mining litecoin

I think we cant say that this coin is the most profitable coin ever! The profitability of a currency depends on the use we make of it, if they are using it for proof of stake, or for trade, their profit will have different variations. I think bitcoin is the most profitable coin. Because it is most popular and high rating currency.

It gives you a big profit. I think that Bitcoin and Ethereum are among the most profitable currencies, everyone who wants to mine chooses Bitcoin. Yes I will agree that monero is and has been one of the most popular and profitable coin to mine on the CPU and zcash has been very popular on the GPU as well.

Although the list of coins especially for GPUs is constantly changing so it may be best to use a miner which actually changes algorithms as well based on profitability. Well, this will depend a lot on the ups and downs of the market, since digital money is especially volatile, but also on the community and the technology on which both platforms and their tokens are based.

Thus, although the question "in which cryptocurrencies to invest" or "which are the most profitable cryptos" cannot be answered categorically; Yes, we can rely on some clues to predict whether a crypto is worth it or not:. And finally, the greater or lesser originality and freshness of the project. In this ranking you will find cryptocurrencies whose current value is less than the 10 coins with the highest capitalization, however, they offer a totally new and revolutionary idea that distinguishes them from the rest.

Some of the most profitable coins for mining are xrp and ethereum but of course there are other coins that are worthy of attention. A very stable currency, and at the same time you can buy Bitcoin but at the moment I am using that coin I recommend it. The most profitable cryptocurrencies in ? The process of mining cryptocurrencies was easy in the past to get complicated with time Also many small digital currencies that make good profits.

Well, many bet on Doge, monero, zcash, ethereum for this reason we must have a varied portfolio and have several types of currencies that give us the possibility of obtaining a good profit over time. In my opinion, the coins useful for mining are Dezekin, Moniro and Jacash and this year TTC is the most profitable currency for me and it gives me good returns and bitcoin is hard to mine so those who are new can work in any other but in good currency.

It depends of your configuration and hardware I am mining 3 coins simultaneously. I am staking too. I will rent HDD space soon. Your question is not really relevant. If you make more coins with your mining then it is very profitable and if you mine less coin and your cost is increasing then it is your loss.

Always check the hash rate before mining any coin. You have to make proper plan for mining. There is no doubt that bitcoin is most powerful and best coin. Bitcoin is accepted world widely. Bitcoin value is very high than all other coins. Big traders are trading in bitcoin. And bitcoin has bright future. So bitcoin is best than all others. But minimum them both if possible, it will be good. Mining is very still good and also profitable but not. You can post now and register later.

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The reduction in reward and the decrease in price has adversely affected the profitability of miners. However, according to our estimates, it seems that the decision taken by miners to leave the network is justifiable.

This is the profitability calculation from his estimates in June. Hence, the mining rewards for existing miners would increase accordingly as well. Furthermore, since mining is primarily a large scale business with a probabilistic rise in the future, the tipping point for miners motivated to operate their systems would be the break-even cost. Last but the least, the first half of the year has been highly profitable for Litecoin [LTC] miners.

Moreover, the sentiments around Litecoin [LTC] are also positive with the privacy developments with the cryptocurrency. Miners could expect a slow-down in the near future. However, price movements and network strength would continue to affect profitability.

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Все что из себя представляет майнинг увидел

Each found share has its difficulty. Note that, if you submit a diff share at worker difficulty, you get paid for a diff share. For Bitcoin mining, a diff 1 share lowest possible worker difficulty is found for every 2 32 hashes that are calculated.

Therefore, pools and mining clients implemented shares with worker difficulty lower than 1, e. In order to avoid dealing with fractional difficulties I assume , mining clients labelled diff 2 shares diff 1 shares, so actual diff 1 Litecoin shares become diff 65, shares. Since computing hashes is 1, times slower for Litecoin mining, a difficulty of for Litecoin mining is more or less equivalent to a difficulty of , for Bitcoin mining. Sign up to join this community. The best answers are voted up and rise to the top.

Stack Overflow for Teams — Collaborate and share knowledge with a private group. Create a free Team What is Teams? Learn more. How do I calculate mining profit from shares in Litecoin? Ask Question. Asked 8 years, 5 months ago. Active 3 years, 3 months ago. Viewed 26k times.

Improve this question. Thiago Thiago 1 1 gold badge 4 4 silver badges 13 13 bronze badges. Correct me if I am wrong but what matters is the number of shares accepted right? Which pool is it or at what difficulty are those shares? That would allow us to actually calculate your effective scrypt mining performance and your chances of finding a block which is then shared with the pool and you get your shares worth.

Right now I"m actually doing 14 shares a minute on Pooled Bits. With difficulty now at around , I should be getting a block every 53 minutes. Show 3 more comments. Active Oldest Votes. It should pay USD for every shares diff as I type. Litecoin difficulty is very low! Improve this answer. Dennis Dennis 5 5 bronze badges. Which pool are you using? You only have access to basic statistics. This statistic is not included in your account.

Skip to main content Try our corporate solution for free! Single Accounts Corporate Solutions Universities. Premium statistics. Read more. Litecoin mining became more profitable over the course of , and remained on roughly the same level in the early months of During the mining of cryptocurrencies, a computer is trying to solve complicated logic puzzles to verify transactions in the blockchain.

When this process is completed, the miner receives cryptocurrency as a block reward. The underlying dynamic is that machines with more computing power - or hashrate - are likely to solve more puzzles, and therefore mine more cryptocurrencies. Whether a miner can make money with this depends on various costs such as electricity consumption during this process , transaction fees or whether the hardware used is efficient or not.

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Then you can access your favorite statistics via the star in the header. Profit from additional features by authenticating your Admin account. Then you will be able to mark statistics as favourites and use personal statistics alerts. Save statistic in. XLS format. PNG format.