Is it worth it to mine Litecoin 2021?

Introduced in 2011, Litecoin (LTC) is one of the oldest digital currencies still in existence. Mining Litecoin has increased in difficulty and decreased in profitability over the years, but it is still possible . However, you’ll need access to sufficient time and resources in order to make a profit.

Is Litecoin Worth Mining? If you have the proper setup and are able to afford electricity fees, mining Litecoin can be profitable indeed . Mining the asset is much cheaper and faster than Bitcoin, and doesn’t require powerful and expensive mining rigs .

Again, CGMINER 3.7. 2 does support GPU mining (OpenCL) for Scrypt, but this algorithm has since long been into the domain of much more powerful ASIC miners, making GPU mining LTC or DOGE for instance a complete waste of time and power.

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