Laite coin miner

1. Why can't you dig when the miner hurts yourself
does the platform stop mining? Then change the platform
if it's the power of buying Leyte, it's probably a liar
it's better not to be a liar, otherwise you have no place to complain
bitcoin answers for you

2. What is a Leyte coin? To put it simply, litecoin (LTC)
was released on October 7, 2011. It is currently the highest market value counterfeit coin, about 1% of BTC's market value, or US $1000W. Compared with BTC, LTC is faster, with an average of 2.5 minutes and 6 confirmations per block in 15 minutes. In addition, the number of LTCs is four times that of BTCs, with a total of 8400w. At present, LTC uses scrypt algorithm, which needs a lot of memory support. The professional mining machine on the market can not be used for LTC mining, only the graphics card
what is the difference between lightcoin and bitcoin
1. Transaction: easier to use, larger volume and greater appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:

special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.

3.

According to the domestic bitcoin, lightcoin trading platform bitcoin China and fire coin network quotation: at present, the price of lightcoin is about 58 yuan

recently, e to the FBI auction of bitcoin and the rumor that the Bank of communications will thoroughly investigate the account number of bitcoin trading platform and the impact of bitcoin core developers' outcry for stagnation in the development of bitcoin basic protocol, the prices of bitcoin and lightcoin have dropped. Among them, the price of lightcoin has not been affected by the rising price of bitcoin. The price is moderate and keeps growing slowly. When the price of bitcoin falls, lightcoin still falls

extended data:

design purpose

based on bitcoin protocol, but different from bitcoin, even at the present stage, it can efficiently "mine" through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units

one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin

4. Bitcoin machines are common, but lightcoin machines are rare. I've seen it appear on KNC's official website. The computing power of the Laite coin miner is only 100mh / S (I just looked at it on the official website and found that it has been upgraded to 250, and the price has not changed). The price is nearly 10000 US dollars. I think it's too expensive. Learn more about kncminer
recently, the state seems to have issued a document to cancel the bank accounts of major domestic trading platforms. Be careful.

5. At present, the total network computing power of lightcoin is about 400g. It is impossible for any miner to achieve this calculation power. At present, the calculation power of the world's best lightcoin miner is less than 1G. It is estimated that such a high computational power is sky high

when Leyte coin was born, its founder claimed that Leyte coin was not suitable for AISC. Now, Leyte coin has fallen sharply, which has nothing to do with mining machinery manufacturers

I guess it's bitcoin miner. Miner with 400g computing power is very common. The mainstream Avalon 3 single-mode group 290g on the market, the price is only about 1800. The price of ant s3440g is 2550 yuan.

6. Friendship tips: in order to avoid the risk of purchase, it is recommended that you confirm the supplier qualification and proct quality before purchasing relevant procts... Check the original post & gt& gt;

7. We can dig Wright's coin, but the Wright's coin is very small. I advise you not to waste your time. Since someone developed the Laite coin ASIC miner, Laite coin can not be g by ordinary people. You need to buy a professional Laite coin miner for mining

if you don't charge for electricity, it's suggested that you buy a few lightcoin mining machines to mine, which will benefit you to a certain extent.