Is Litecoin Mining Profitable Now?

Many people want to know that is litecoin mining easy now? Is it still profitable to mine Litecoin now? My answer is: Litecoin mining is easier than bitcoin mining, and you need to use a video card for mining. However, some mining machine manufacturers have developed the Litecoin mining machine, and the difficulty of mining the Litecoin has risen.

 

According to the current difficulty, 1000k can mine 0.18 LTC/day, which means that a set of mining machine can mine 0.18*3=0.54LTC. According to the current Litecoin price is 61 US dollars, which means that the daily income is 0.54*61≈33 US Dollar. This is the income section. Here comes to the power consumption part: 60*24=1440W. 7*24=168W. (the power consumption is ignored). Let's see how long it takes to recoup the investment. Note that the litecoin to usd price is calculated at the current $61.

 

10800/33=327 days, that is, it takes about a year or so to recover the investment. Of course, many friends may say that your Litecoin price is inaccurate at $61, which may necessarily rise to $500. But It may also fall to $5. Moreover, whether the Litecoin or Bitcoin, countries have an unrecognized attitude towards them, the longer the investment is, the greater the risk.

 

The warehouse has more than 1,000 square meters, and the goods inside have been emptied. The “mineyard” is in the corner of the warehouse, and the monotonous and low roar can be heard far. The workbench outside the machine room is filled with monitors and a bunch of electronic components. This is a small "mine machine" still in the research and development stage; the machine room is less than 30 square meters, with two rows of cabinets, dense wires on the cabinet, The graphics card and the motherboard are stacked together to form a "mine machine". The sides of the cabinet and the passageway, the fan group and the blower are uninterrupted for 24 hours, and there are 2 fans on the side of the window to draw the wind, but the temperature inside the room is still as hot as the heat.

 

Liao Zhenyu, the person in charge, said that this is not a “mine factory”, but a “laboratory” He said:”our mining business started here. The scale here is not enough for a mine. It is a laboratory that acts as a research and development machine." How much can Litecoon mining in a day? Liao revealed that “with the current difficulty, the laboratory has a 24-hour axle turn, and consumes 800 kWh per day. About 20 Litecoins can be mined.

 

Therefore, as far as the current situation is concerned, Litecoin mining is still profitable now, try to min some ltc coins if you are interested in that, maybe you’ll make some profits by selling them when the litecoin exchange rate is impressive.

 

转载于:https://my.oschina.net/u/3864943/blog/2221812