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- 12. 5. Litecoin offers quicker confirmation of transactions (at 150 seconds on average) than most other cryptocurrencies. Litecoin uses a memory-hard. mining proof-of-work algorithm that’s based on Scrypt so that it’s easily able to run on the typical CPU and GPU setups that most people have in their homes. Litecoin is limited to a total of 84 million currency units. and it shares its halving number of four …
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- Reliable online wallet for Litecoin Find your Mining Plan Cloud mining is greatly suited for novice miners who would like to try out mining and earning cryptocurrency; as well as seasoned miners who don’t want the hassle or risks spent on home mining equipment maintenance. V 1. 0
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- Best Litecoin Cloud Mining. What is Litecoin? If you are into Crypto Currencies. you should be familiar with the name Litecoin as this coin has been existing since 2011 and one of the very first true “altcoins” that has stayed. There are a lot of altcoins that tried to compete with big names but didn’t have enough gas to last that long.
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- Litecoin is one of the best alternatives to Bitcoin or the light version of Bitcoin. The difference between the two is the mining procedure used in them while both use the same consensus PoW (Proof-of-work). Bitcoin uses the SHA-256 hashing algorithm for the purpose of mining while Litecoin uses Scrypt. More information about Litecoin at Blockgeeks. What is Cloud Mining?
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