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Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021
Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much larger yields. Blake256R14 and Ethash Machines Pull […] дальше »
2021-6-5 22:00
Litecoin (LTC) Bleeds Hashes as Miners Abandon Ship
The Litecoin network was a boom-and-bust story in the summer of 2019. Miners started to abandon the coin as soon as the block reward went through a halving on August 5. Litecoin Reward Halving Dispersed Miners The cutoff date for Litecoin mining arrived exactly on August 5, when the block reward fell from 25 LTC to 12. дальше »
2019-9-11 18:30
What is Scrypt?
Scrypt is a hash function that was first used by the cryptocurrency, Litecoin (LTC), as an alternative to the more well-known SHA-256 hash function. Scrypt and SHA-256 are used as mining algorithms within the Litecoin and Bitcoin (BTC) protocols respectively. дальше »