Litecoin LTC (The Silver)
LiteCoin Market Cap : 20.7 Billion USD Single Entity Price : 310.3 USD Volume 24h : 5.8 Billion USD Circulating Supply : 66.7 Million Coins Total Supply : 84 Million USD Litecoin (LTC) is cryptocurrency created by Charlie Lee. It was initiated on October 13, 2011. It was believed that as a kind of analogue of silver in world of cryptocurrencies, where Bitcoin is Gold . Litecoin also uses same protocol as Bitcoin, but with some changes with hashing algorithm, Block Chain, transaction time, etc. It’s protocol is Scrypt PoW, which aims to mine on simple devices. Litecoin Mining : Litecoin mining is profitable if miner has right setup which includes low electricity cost and cool environment . By choosing Scrypt, Charlie Lee allowed Litecoin to be mined on CPU’s but that didn’t last long, soon GPU’s were being used ...