Can i mine litecoin on a d3

Log in. New posts New profile posts. New Users. Registered members Current visitors New profile posts Search profile posts. Social Media. What to do with D3. Thread starter ravenland Start date Nov 29, JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. Nov 29, 1 0 1 Now the million dollar question is, should I pay for it or should I just forget I ever ordered this thing?

Bear in mind though, that I have free electricity. Thanks for any advice!! Last edited: Nov 29, Garun New Member. Я издержал 0. Ежели ты естественно волокешь по русски. ETH Miner. Litecoin Miner. DCR miner. Power Supply. Control Board And Date Line. DASH Miner. Baikal Miner. Others Miner. Общественная информация. Отзывы 0. Согласно новой таможенной политике Рф, китайско-российская экспресс-доставка , логистические компании, покупатели должны предоставлять регистрационный номер налогоплательщика, ссылку на продукт, паспортные данные.

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A mining algorithm called SHA is used for Bitcoin. The Litecoin mining industry is also dominated by mining pools, just as it is for Bitcoin mining. As well as selling the most mining hardware devices, Antminer S9 is also one of the largest mining pools in the Bitcoin and Bitcoin Cash industry.

Table of contents 1. How much Litecoin can Antminer S9 mine monthly? Can Antminer Mine Litecoin? Watch how to mine litecoin with antminer s9 Video. Post Views: Around The Web. Research What Is Mrts Microeconomics? Research What Is The Microeconomics? We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits.

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The cookies is used to store the user consent for the cookies in the category "Necessary". The distribution of coins has therefore been designed in a decentralized manner as well. The receivers of the newly issued Litecoin units are the so-called miners.

These vital network participants are the ones doing the mining and are in return rewarded with the cryptocurrency. The term mining is an analogy that is borrowed from the process of extracting precious metals from the ground as they also need to be mined at the cost of labor and energy.

While costs and energy are incurred for Litecoin miners as well, they are not the result of digging into the ground in the search of precious metals. The energy used to mine Litecoin is going into dedicated computer machines, powering processors in a global competition to solve cryptographic puzzles at the cost of computing power. Whichever miner successfully solves this puzzle first and thereby outcompetes his contenders and gets to add a new block to the blockchain is rewarded with some additional Litecoin in what is called a block reward.

Ultimately, the miners are handsomely rewarded for providing computational power to the Litecoin network and thereby making the network secure for the decentralized handling of peer-to-peer transactions. Similar to Bitcoin, Litecoin also has an upper fixed coin limit. With Litecoin there exists a fixed supply of 84 million Litecoin units that will ever be created.

As of July , about 67 million of these have already been created and are currently circulating in the open market. The remaining supply of about 17 million units are still up for mining until around the year At that time, the supply limit will be reached and no more Litecoin will be issued by the protocol. At the time of writing, In about two years from now, the issuance amount per block will be cut in half with the reward dropping to 6. From there, every four years going forward, Litecoin will experience another halving, bringing Litecoins issuance down to 0 eventually.

Contributing to the mining of Litecoin equals providing processing power, also known as hashpower, to the Litecoin network. Because Litecoin represents an open, permissionless system like Bitcoin, anyone with access to computer processing power can participate in mining.

In the early days of Litecoin it was very well possible to mine the cryptocurrency using home gear computer hardware like classical CPU or GPU both of these are computer processing units. With ever more hash power being provided by more as well as more professional actors, mining has become increasingly difficult. In order to competitively mine Litcoin, so-called application-specific integrated ASIC mining machines are needed. For Bitcoin, the mining algorithm used is SHA So while ASIC miners used to mine Litecoin cannot be switched to mining Bitcoin, they can easily be changed to mine other coins, most notably Dogecoin, which also adheres to a scrypt-based algorithm.

Just like the Bitcoin mining industry, Litecoin mining today is also dominated by mining pools. If someone is in possession of only a handful of scrypt-based ASIC machines, it is best to plug these mining machines into so-called mining farms.

This way, a smaller miner can team up with a lot of hash power, making it more probable that he will get a steady flow of block rewards out of his minings machines. Whenever the respective mining farm finds a new block, the smaller miner gets a share of the rewards proportional to the hashing power he has contributed.

As this illustration shows, currently three mining pools share more than 50 percent of the hashing rate. The other 3 variables are similar for all miners. Therefore, miners tend to set up their equipment in places where energy costs are comparatively low making their mining business more profitable.

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A hash rate of 12 is achieved by the Antminer s9. Every month, we pay five Bitcoins. Litecoin mining requires a certain piece of hardware. In addition to being the fastest, it is also made by BitMain, a well-known manufacturer. In this regard, it is clear that running the S9 will cost you between 15 and 30 cents per hour. The value of the day is based on past performance, so it can vary greatly from one day to the next. The S9 hashing algorithm only performs sha hashing, so Etherium cannot be mined.

Litecoin mining has been uniquely accomplished with these ASIC mining processors. A mining algorithm called SHA is used for Bitcoin. The Litecoin mining industry is also dominated by mining pools, just as it is for Bitcoin mining. As well as selling the most mining hardware devices, Antminer S9 is also one of the largest mining pools in the Bitcoin and Bitcoin Cash industry. Table of contents 1. How much Litecoin can Antminer S9 mine monthly?

Can Antminer Mine Litecoin? Watch how to mine litecoin with antminer s9 Video. Post Views: Around The Web. Research What Is Mrts Microeconomics? Research What Is The Microeconomics? We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Manage consent. Close Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.

We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. The term mining is an analogy that is borrowed from the process of extracting precious metals from the ground as they also need to be mined at the cost of labor and energy.

While costs and energy are incurred for Litecoin miners as well, they are not the result of digging into the ground in the search of precious metals. The energy used to mine Litecoin is going into dedicated computer machines, powering processors in a global competition to solve cryptographic puzzles at the cost of computing power. Whichever miner successfully solves this puzzle first and thereby outcompetes his contenders and gets to add a new block to the blockchain is rewarded with some additional Litecoin in what is called a block reward.

Ultimately, the miners are handsomely rewarded for providing computational power to the Litecoin network and thereby making the network secure for the decentralized handling of peer-to-peer transactions. Similar to Bitcoin, Litecoin also has an upper fixed coin limit. With Litecoin there exists a fixed supply of 84 million Litecoin units that will ever be created. As of July , about 67 million of these have already been created and are currently circulating in the open market.

The remaining supply of about 17 million units are still up for mining until around the year At that time, the supply limit will be reached and no more Litecoin will be issued by the protocol. At the time of writing, In about two years from now, the issuance amount per block will be cut in half with the reward dropping to 6.

From there, every four years going forward, Litecoin will experience another halving, bringing Litecoins issuance down to 0 eventually. Contributing to the mining of Litecoin equals providing processing power, also known as hashpower, to the Litecoin network.

Because Litecoin represents an open, permissionless system like Bitcoin, anyone with access to computer processing power can participate in mining. In the early days of Litecoin it was very well possible to mine the cryptocurrency using home gear computer hardware like classical CPU or GPU both of these are computer processing units. With ever more hash power being provided by more as well as more professional actors, mining has become increasingly difficult.

In order to competitively mine Litcoin, so-called application-specific integrated ASIC mining machines are needed. For Bitcoin, the mining algorithm used is SHA So while ASIC miners used to mine Litecoin cannot be switched to mining Bitcoin, they can easily be changed to mine other coins, most notably Dogecoin, which also adheres to a scrypt-based algorithm.

Just like the Bitcoin mining industry, Litecoin mining today is also dominated by mining pools. If someone is in possession of only a handful of scrypt-based ASIC machines, it is best to plug these mining machines into so-called mining farms. This way, a smaller miner can team up with a lot of hash power, making it more probable that he will get a steady flow of block rewards out of his minings machines. Whenever the respective mining farm finds a new block, the smaller miner gets a share of the rewards proportional to the hashing power he has contributed.

As this illustration shows, currently three mining pools share more than 50 percent of the hashing rate. The other 3 variables are similar for all miners. Therefore, miners tend to set up their equipment in places where energy costs are comparatively low making their mining business more profitable. Looking at the new ASIC miners that were recently brought to market by mining hardware provider Bitmaint, we can estimate their monthly earning potential.

The power consumption of these units is W. So if we assume energy cost of 0.