Is Litecoin better than Bitcoin? In order to determine if Bitcoin’s clone, Litecoin is indeed better we have to take a look at the following: Mining, transaction speed and pricing, amongst other things. Litecoin mining vs Bitcoin mining Bitcoin uses the SHA hashing algorithm to mine. Sep 22, · Though Bitcoin was invented first, Litecoin and Ethereum came about fairly quickly. Litecoin was created to be better than Bitcoin. Though they . Nov 17, · Bitcoin (BTC), the top cryptocurrency by market cap, makes its appearance in the eleventh slot. Source: CCID The index is similar to the last issue that was released in August, with the most notable difference being that BTC has moved up from 14th place to 11th.
Are litecoins better than bitcoinsIs Litecoin Better Than Bitcoin?
I don't think you have a choice. Not sure about litecoin. If you want to mine bitcoins you have to look for specific hardware butterfly labs kncminer or cloudmining like cexio. Sign up to join this community. The best answers are voted up and rise to the top. Should I mine bitcoins or litecoins? Ask Question. Asked 7 years ago. Active 4 years, 6 months ago.
Viewed 33k times. Chizy Chizy 59 1 1 gold badge 1 1 silver badge 2 2 bronze badges. Active Oldest Votes. Litecoin mining is currently more profitable for likely all GPUs. Briguy37 Briguy37 3 3 silver badges 10 10 bronze badges. Ed Manet Ed Manet 4 4 bronze badges.
Could you describe your hardware configuration please? How many GPU cards, computers and model? Dogecoin is the most profitable scrypt coin as of today. Citation needed. Seems to have been among the most profitable for most of the month but of course, nobody knows how much time it will keep that place. Luigi Agosti Luigi Agosti 1 1 silver badge 4 4 bronze badges. Sign up or log in Sign up using Google. Sign up using Facebook. Sign up using Email and Password. I would compare even Bitcoin and Litecoin to the first iphone and iphone 5.
However, on December the great bullrun , Charlie announced on reddit that he had sold most of his Litecoin. But the crypto community was not buying it. I will keep dumping on everyone. No one should buy any crypto in case I dump on you. The Founders usually dump the coins once it reaches the exchanges, they usually create hype around the coin to boost the prices. However, Bitcoin transactions are slow compared to Litecoin. So now that you know the difference between Litecoin and Bitcoin, check out this guide on the easiest way to buy Litecoin and once you are done you can check out how to cash out Bitcoin to a bank account.
If you would like to get updated on my most recent articles and tutorials, follow me on Pinterest Satoshilibrary ,. Marie Founder of Satoshi Library. PS Thank you for visiting! Disclaimer: I am not a financial advisor and the information provided does not replace professional advice. Cryptocurrency prices are highly volatile as well as evolving very quickly.
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