Introduction When buying mining hardware became profitless for normal people, it started to appear a lot of websites that sold infinite mining contracts or for a period of time.If you do the proper math on those contracts, you will find that you will lose money and the best option is just to buy bitcoin (even if the price raises).So those "mining contracts" are in most of the cases a scam, even if they own the mining hardware.Today after several research we found a great idea, which is called nicehash.This website is not a mining contract, it actually connects the miner and the people that needs hash power.They provide a platform where buyers of hash can place a bid for certain amount of hashing power.Several people is doing SOLO mining while buying a lot of hash power to increase the chance of obtain the block solution.Nicehash can be very lucrative when you need a lot of hash power in short period of time and it can cost little money.We were doing some test from both sides, buying and selling hash power and the site is real.

We also made several houndred dollars buying hashing power for certain moments where mining is the right thing to do.Here is the result of our mining rigs with 4 gpus, two rx 470 and two hd7950: Click here to create a new account.For selling hash power your BTC address is only required.If you have more doubts take a look at this video:Litecoin (LTC or Ł[1]) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.[2]Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[2][3]While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network.[4]These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin.[5]

Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.[6]Contents 1 2 3 4 5 6 Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a former Google employee.It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.[7]bitcoin bloomberg codeDuring the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours.[8]litecoin mining buildLitecoin reached a $1 billion marketcap in November 2013.[9]bitcoin pool with best payout

As of May 9, 2017, its market capitalization is US$1,542,657,077 at around $30 per coin.[10][11]In May 2017, Litecoin became the first of the top-5 (by market cap) cryptocurrencies to adopt Segregated Witness.[12]Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.[13]Litecoin version 0.8.5.1 was released in November 2013.The release included fixes for vulnerabilities and added enhanced security to the Litecoin network.o'que e bitcoinThe Litecoin developer team released version 0.8.6.1 in early December 2013.ethereum preisThe new version offered a 20x reduction in transaction fees, along with other security and performance improvements in the client and network.risk of litecoin

The source code and binaries were released early to people in the "#litecoin" IRC channel, on the official Litecoin forums, and on Reddit, with information for power users to add a Litecoin supernode to the configuration file, while the main site was to be updated after enough of the network was running the new version.This release method was used to ensure that the low fee transactions from version 0.8.6.1 clients would not be delayed by clients running older versions.In April 2014, a new version of Litecoin was released, version 0.8.7.1, which fixed some minor issues along with an important fix related to the Heartbleed security bug.is bitcoin mining bad for the environmentLitecoin offers three key differences from Bitcoin.litecoin wallet pool miningThe original intended purpose of using Scrypt was to allow miners to mine both Bitcoin and Litecoin at the same time.bitcoin miner israel

The choice to use scrypt was also partially to avoid giving advantage to video card (GPU), FPGA and ASIC miners over CPU miners.Due to Litecoin's use of the scrypt algorithm, FPGA and ASIC devices made for mining Litecoin are more complicated to create and more expensive to produce than they are for Bitcoin, which uses SHA-256.[16]This is widely due to the Scrypt hashing scheme being more memory intensive; increasing memory requirements for ASICs and FPGAs.^ ^ a b c ^ ^ ^ ^ ^ ^ ^ ^ /currencies/litecoin/ ^ ^ /Blockstream/status/862420329888595969 ^ ^ ^ ^ Cryptography portal Economics portal Free software portal Internet portal Numismatics portalHow do I buy Litecoin?Using a Web Browser Go to the Buys page.Using the iOS & Android Apps Tap the menu icon near the top left of the screen to open the Navbar.Still can't find what you're looking for?Jump to: , This page aims to summarize the different options available to purchase litecoins online and offline.

Please be extremely careful when buying litecoins from individuals or unaccredited websites.When sending money to an exchange or seller you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft -- internal or external.It is highly recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available.Because Litecoin services are not highly regulated a service can continue operating even when it is widely believed that it is insecure or dishonest and webpages recommending them (including these) may not be regularly updated.Exchanging or storing significant amounts of funds with third-parties is not recommended.Some deposit options for Bitcoin are not yet available for Litecoin.Depending on your preferred deposit option you will need to obtain bitcoins before exchanging them into litecoins.Note: If you only want to take advantage of Litecoin's price volatility you can trade CFDs on Plus500.

When trading online your capital may be at risk.Trading CFDs is suitable for more experienced traders.The site may be limited to users with American IP addresses.You can buy Litecoin instantly with Bitcoin at BTC-e, ShapeShift, Coinomat, HolyTransaction, and 247exchange.The easiest way to find people buying/selling litecoins for cash is LitecoinLocal.net.Other ways are the Local Litecoins subreddit and this Facebook group.247exchange supports cash deposit for buying Litecoin in Europe and express cash transfers (via MoneyPolo and its partners) all over the world.247exchange supports INTERAC bank payments in Canada expresscoin supports USPS money orders.You can directly purchase litecoins at OKPay or Coinomat.Depositing OKPay and buying litecoins at BTC-E or 247exchange works too.BTC-E and Coinomat support Perfect Money deposits.SOFORTÜBERWEISUNG allows you to instantly transfer money from your bank account to a site that accepts it.The site will never have access to your bank login information, so SOFORTÜBERWEISUNG may be safer for the buyers.

GIROPAY/EPS allows you to instantly transfer money from your German or Austrian bank account to a site, similar to SOFORTÜBERWEISUNG.The site will never have access to your bank login information, so GIROPAY/EPS may be safer for the buyers.Since there is a huge risk to the seller when buying crypto-currency with PayPal, you have the option to use VirWox in order to obtain Bitcoins with PayPal and then transfer them to your desired Litecoin exchanges.The process includes buying Second Life Lindens (SLL) with PayPal and then convert your SLL to Bitcoins.You will be charged transaction fees of around 11% but will let you purchase bitcoins pretty quickly as opposed to a wire transfer.The reason this method works is because you do not buy bitcoins with PayPal directly, you only buy SLL with PayPal (which is acceptable by PayPal's TOS) and then exchange your SLL to Bitcoin.It is also possible to purchase litecoins using a peer-to-peer exchange such as Litecoinlocal.net--this means that you will be buying from a seller on that website with much lower fees than if you turned to one of the few PayPal accepting exchanges.