Is LTC a good Cryptocurrency?

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% ).

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Do you need a GPU to mine Litecoin?

Today, Litecoin cannot be mined efficiently with CPU or GPU graphic cards anymore. In order to competitively mine Litcoin, so-called application-specific integrated (ASIC) mining machines are needed . … In contrast, Litecoin uses a fundamentally different algorithm called “Scrypt” to process hash functions.8 Eyl 2021

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