Can bitcoin miners mine litecoin

The more machines you have, the greater your chances of earning coins.Litecoin is a popular digital currency that is widely used side by side Bitcoin.Asteroid is a Bitcoin and Litecoin mining client for OS X that uses cgminer and a full suite of OS X technologies.

He switched to the hospitality industry after a struggling hotel client, unable to pay for the design services his firm had provided, gave him the entire hotel by way of compensation.Bitcoin miners, though they profit from the virtual world, can no more escape the materiality of their vocations than gold miners.The miner who gets the right combination the fastest unlocks the safe.A janitor at the Bitmain mine mops the shelves hosting bitcoin mining machines. (Aurelien Foucault for Quartz) The bitcoin mine and the industrial firms have one thing in common: They use a lot of electricity.

Can we use BITCOIN ASIC Miner for Litecoin mining

Mining pool comparison. You can take a look at The Litecoin hash rate distribution chart and avoid.The electricity in Ordos mostly comes from nearby coal-fired power plants, which provide a stable and constant source of electricity—although at a price to the environment.In 2015, Bitmain took over the mine from its previous owner, who launched the operation in 2014.Can USB Miner be used to mine btc and. there were actually gridseed that cna mine both litecoin and bitcoin,. the gridseed orb miners can do both scrypt.

Merged mining is the process of allowing two different crypto currencies based on the same algorithm to be mined simultaneously.The number more than doubles in especially hot weather because the machines overheat just like most computers, despite internal temperature controls.

The Best Litecoin Miner: ASIC and FPGA are HERE!

Litecoin is a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware.

These are cryptocurrencies, a distributed, decentralized, secure set of technologie...

What is Litecoin - How to mine Litecoins - Coins Info

This is a blog dedicated to crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and other altcoins.

Can USB Miner be used to mine btc and ltc? - Bitcoin Forum

The mining farm uses 40 megawatts of electricity per hour, about equivalent to the amount used by 12,000 homes during the same period.Racks of litecoin mining machines in a warehouse building in Ordos. (Aurelien Foucault for Quartz) This month, Quartz took a tour of the mine and spoke with its employees.

Should I Purchase an Asic Scrypt Miner? - CryptoCoinsNews

You should be using one of the following miners for Litecoin,.FoxMiners produces and sells the best bitcoin mining hardware.We deliver up to date reports and trading analysis. How can I mine bitcoin.A maintenence worker at Bitmain monitors bitcoin mining machines. (Aurelien Foucault for Quartz) Each building is surrounded by two fine-wire mesh fences.How to mine litecoins. The original intended purpose of using scrypt was to allow miners to mine both Bitcoin and Litecoin at the same time.

Getting started with Bitcoin. the producer of the Antminer line of Bitcoin miners.The 50 Ordos residents who work at the mine are mostly in their twenties and they tend to the machines that generate cryptocurrency for clients.Litecoin 101: A Software Guide To Mining With Windows. mine bitcoin mine litecoin.That business failed, however, and Wang spent three years working as a mid-level manager at a ceramic-tiles factory in the industrial park.To either side are the low-slung factory buildings, one of them containing the litecoin mine, and the other, inactive.After work, Hou usually plays basketball with his colleagues, which he describes as the only recreational activity available.Bitcoin miners in recent years have utilized increasingly sophisticated methods for mining bitcoins as.

The firms that use the park tend to be chemical plants that emit high levels of pollution and emissions, according to Bitmain.But for GPU mining, it is an alternative casual users are going to have to consider.The use of scrypt means that miners cannot use SHA-256 bitcoin mining equipment,.Written by. one of them containing the litecoin mine, and the other, inactive.The work is akin to trying out billions of combinations of numbers on a safe.

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Litecoin is a peer-to-peer Internet currency that enables instant,. 10 BitCoins Alternatives - Cryptocurrencies Mining.

A crypto-currency primer: Bitcoin vs. Litecoin | ZDNet

Charlie Lee Convinces Major Litecoin Miner to Signal SegWit, Bitcoin Next.The machines are already running nonstop at maximum output, so even a small increase in temperature can affect their performance.This is a blog dedicated to crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum.I was wondering this cause it s a Bitcoin miner but it seems more profitable to mine litecoin at the moment with smaller budgets.