How to extract Litecoin – Bankless Times


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It is generally considered too late to enter the Bitcoin mining sector: the ultra-competitive process now requires more computing power and electricity than the typical individual. Mining Litecoin, or another altcoin, is more realistic for someone who wants to start in the mining industry as a hobby. Before starting, any potential miner should consider how much he really wants to do this and why. Just like the 19th century gold rush to America, many people have plunged themselves into the world of cryptocurrencies and, like many of those nineteenth-century Americans, would have wasted time and money. If you start extracting Litecoin today, the costs of electricity, not to mention the installation costs involved in buying a mining computer, will probably outweigh any profit. The same is true for many altcoins. Use a mining calculator at a site like CoinWarz to check profitability

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How to extract Litecoin

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