Litecoin falls to ASIC mining

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If you have been mining lite-coins with GPU cards, and have noticed that you are generating a fraction of what you were previously mining, there is a good reason………….
ASIC miners are now available and have been shipped to early birds that took the plunge, and put their money where there mouth was.
The difficulty levels have now risen to as hefty 14,492.62 which you can see below.LTCN

So not only are there still global shortages of the GPU cards necessary to mine, the electricity and hardware costs, in most countries, far outweighs the coin returns (at current value).
However for those of you that missed the boat don’t despair, you still have the ability to speculate on the “Coin” markets with CFDs.

Comments

  1. Hebergement web  July 23, 2016

    While it is now considered too late for hobbyists without expensive ASIC processors to start mining bitcoins , many of the alternative digital currencies are still well suited for mining on your home PC.

    reply

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