Then, you are just about ready to go – there is not that much to it. Litecoin was first released in 2011 by a Google employee, Charlie Lee, and has become one of the most popular cryptocurrencies to mine. Our ultimate guide to mining the Litecoin cryptocurrency tells you everything you need to know. It is important to point out that the number of days calculated does not account for difficulty increases and decrease as well as block reward increases and decrease . Or are they gaming the system to get attention for their venture? Is it even possible for four solo miners to beat the odds in that fashion? CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- The pool uses the Stratum mining protocol and offers port 25/80 mining, with daily automatic payouts enabled.
- This is why miners have to sell parts of