The blazing success of Bitcoin has resulted in the creation of hundreds of other digital coins with each one of them claiming to have a unique USP. While that’s far from the truth, it is a fact that there are some cryptocoins that have something of value to offer to their users. One such digital
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Digital currency, specifically, Bitcoin’s value variances, has positively hit the features as of late and therefore, there’s been a lot of discourse about whether cryptographic money is a commendable venture methodology for the year 2018. In this week, BTC has ricocheted back, as of now exchanging at over 9000 USD per unit. There is a
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In case you wish to own Litecoin, you can simply acquire it from an exchange platform like Coinbase. But if you wish to try Litecoin mining (given you have free time and the necessary resources that will fetch you handsome dividends), here’s the perfect guide that you need to read up before you go ahead
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Have you been doing a lot of research on digital currencies and now have decided to mine on your own? Well then, you must know by now how well-known Bitcoin is. At the same time, you know that an ever-increasing number of individuals are presently mining Litecoin! When individuals mine Bitcoin, it takes a total
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Gone are the days when miners would mine Bitcoin using graphics processor. One year back, a simple Radeon GPU would produce a good amount of Bitcoin on a daily basis. In today’s date, that very GPU generates a 1000th of a Bitcoin in one day, creating little value when exhausting a considerable amount of energy.
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Litecoin mining can be conducted using specialized hardware and computers which will not only secure network and verify transactions, but also pay out new Litecoin as rewards to the miners. Like the Bitcoin, Litecoin is a digital cryptocurrency which may be used for sending payments to one another. It is a decentralized and peer-to-peer network
Read more..Litecoin is the 4th largest cryptocurrency in terms of value and recently it recorded an all time high. This cryptocurrency which had been founded by Charlie Lee had its value behind Bitcoin with a market cap of approximately $14.4 billion as compared to Bitcoin’s $282.8 billion. It is also founded upon the blockchain technology. Here,
Read more..In the recent months the Litecoin has shown a record increase in price as compared to the Bitcoin. There are obviously questions regarding this unprecedented meteoric rise of the Litecoin as many are afraid that the Litecoin bubble may soon burst. This cryptocurrency had evolved from the Bitcoin but as it became more and more
Read more..In terms of correlation with Bitcoin and the market value, Litecoin was highly commended during the Bitcoin bubble in 2013. In fact, Litecoin enjoyed the second position and its price skyrocketed to $50 during the same period. Litecoin did make a comeback in 2015, thanks to Ponzi scheme of Chinese LTC, which collected one-fifth of
Read more..The question as to whether Bitcoin or Litecoin should be considered more worthwhile for investment purposes is a long debated one. However, it is more of an exercise in futility because it is really an attempt to compare a small player with a heavyweight in the world of digital currency. The only places where the
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DISCLAIMER
Kindly notice! Hashgains do not give you any trading advice. Before availing our services, do your research and get answers to your questions in order to find out whether cryptocurrency mining is legal in your state, country, province or not.
Scott Adams