litecoinpowerco profilja

litecoin power consumption If you want to make a profit by mining Litecoin, then you have three options: joining a mining pool, buying and using ASIC LTC mining hardware like Antminer L3, or joining a cloud mining service. The latter option is cheap, easy, and can help you earn some money. It basically allows you to rent somebody else’s LTC mining rig and mine Litecoin passively. Teaming up with other Litecoin miners via pool mining is a good option if you already have the necessary software but want to cut down on costs. We talked about various Litecoin mining pools in this article. Tim Swanson, the founder of PostOakLabs, a US-based technology advisory firm took the task of figuring out how much electricity does Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Monero consume. He noted the aforementioned energy consumption of Bitcoin on his official Twitter account: