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Litecoin (LTC) is the younger brother of the famous Bitcoin with some distinctive features. It was forked from Bitcoin Core with lower block generation time and increased amount of total supply of coins. Moreover, with the implementation of Lightning Network, transactions on the network are pretty close to instant.
Litecoin blockchain consensus is achieved with Scrypt, a Proof-of-Work hashing algorithm. Despite the fact that Litecoin mining can be done on CPUs, the GPUs shows significantly better hashrate results. However, since 2014, Litecoin is actively mined using ASICs.
Join our Litecoin mining pool to effectively mine with our latest GUI or console mining clients.
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1 LTC = 0.01471847
Advantages for miners
Rapid block generation
Block reward halving occurs every 4 years
Lots of businesses accept LTC worldwide
Maximum supply is 84 million Litecoins, 4 times more than Bitcoins
LTC trade is supported by all top cryptocurrency exchanges
Litecoin Mining Profitability Calculator
Estimated Year Profit with Bitmain Antminer L3++ × 3