Is LTC a good Cryptocurrency?

Is Litecoin mining still profitable? Yes, mining Litecoin is still profitable – based on the mining hardware hashrate of 9,500.00 MH/s, electricity costs, and pool / maintenance fees provided.

It required 2.5 minutes for mine a litecoin block. The holy grail of mining is faster block generation. Rewards are earned only when blocks are generated, so the faster you can generate those blocks, the better. Litecoin’s block generation time is 2.5 minutes instead of bitcoin’s 10 minutes.

While not necessarily the fastest digital currency among the mega-cap cryptocurrency networks, Litecoin remains a great option for those looking to transfer significant sums of money . This crypto network has been shown to process transactions approximately four times faster than Bitcoin ( BTC -0.29% ).