The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

How about Litecoin mining? How much is the income from Litecoin mining? Depending on the mining machine, the income from Litecoin mining will also change. With the development of the times and the development of virtual currency, the price of Bitcoin is booming. Nowadays, more and more people have joined the currency circle and choose virtual currency as an investment method. Everyone in the currency circle knows that we need There are specific mining machines to mine Bitcoin. As a new virtual currency, does Litecoin also need to be mined? What is Litecoin mining like? What is the difference between Litecoin mining and Bitcoin mining? ?

If Bitcoin is virtual digital gold, then Litecoin is virtual digital silver. Litecoin is also a distributed (decentralized) digital currency. Different from the SHA256 mining algorithm used by Bitcoin, LTC uses Scrypt
algorithm.

The unique algorithm is also the key to stand out from the altcoins, Scrypt
The algorithm uses SHA256 as its subroutine, and Scrypt itself requires a large amount of memory. Each hash is used as an input seed, and then requires a large amount of memory to store another seed pseudo-random sequence, which together generates the sequence of pseudo-random points and outputs it. Hash value.

Litecoin (LTC) founder Charlie Lee
Lee recently mentioned on Twitter that he believes that the market value of Ethereum will never surpass Bitcoin. But at the same time, he also made his position clear that Litecoin will definitely defeat its main competitor Bitcoin
Cash(BCH). Many well-known figures from the financial market, such as Polychain Capital founder Olaf Carlson-
Wee, they all believe that Ethereum will surpass Bitcoin in market capitalization this year.

Litecoin
Transaction confirmations take an average of 2.5 minutes, and developers claim that shortening verification increases the utility of the virtual currency. The total issuance of BTC is 21 million, while the total issuance of LTC is 84 million, which is 4 times that of BTC. The picture shows the recent exchange price curve of LTC, with the increase even exceeding that of BTC.

1. From a technical perspective, Qtum is committed to realizing the first POS smart contract platform compatible with BIP (based on UTXO model), compatible with the Bitcoin transaction model and the advantages of the Ethereum virtual machine;

2. Quantum Chain introduces off-chain factors through "decentralized applications" and "master control contracts"

3. Strengthen the flexibility of the consensus mechanism in public chains and alliance chains, while taking into account industry compliance.

Litecoin is also a distributed (decentralized) digital currency. Unlike the SHA256 mining algorithm used by Bitcoin, LTC uses Scrypt
algorithm. The unique algorithm is also the key to stand out from the altcoins, Scrypt
The algorithm uses SHA256 as its subroutine, and Scrypt itself requires a large amount of memory. Each hash is used as an input seed, and then requires a large amount of memory to store another seed pseudo-random sequence, which together generates the sequence of pseudo-random points and outputs it. Hash value.

Litecoin Mining Tutorial: How to Mining Step by Step?

Litecoin is actually one of the digital currencies, and besides Bitcoin, it is the most popular among miners. So how can you mine Litecoin? Let’s take a look with the editor below!

First, register a wallet

Wallets are currently divided into three types: web wallets (also known as online wallets), mobile wallets, and hardware wallets. Registration is also very simple.

Second, register a mining pool

Currently the more active one is F2Pool, which supports mining of five currencies: BTC, LTC, ETH, ETC, and ZEC. If you want to mine BTC and LTC, you must register a F2Pool account and fill in the wallet address; while ETH, ETC, and ZEC mining are free of registration, they only need to set up the mining pool, currency receiving address, and Just the miner number.

Third, mining machine wiring

First, connect the network cable and insert the network cable into the network cable interface of the mining machine. Next, let’s talk about how each interface of the mining machine’s power supply is connected to the mining machine. The power supply has 7 wires. You can connect it to any port. The computing board and control board must be connected to the power supply.
The design of Antminer is very user-friendly and even a novice can complete it easily.

Fourth, connect to the mining pool

At this step, we have successfully entered the backend of managing the mining machine. In the miner
Configuration here, copy the mining service address of the mining pool, and only copy the content after //. There are three addresses in total, all of which must be copied to the mining machine backend.