Litecoin the silver of crypto surges ahead in 2020
Lite Coins Blog
by Lite Coins Miner
3y ago
It’s 2020 during a pandemic and Litecoin continues to surge ahead. There has been some exciting news this year with recent adoption by Paypal. Grayscale have also been investing in Litecoin heavily and now own over 100 million dollars worth of coins. We are now starting to see institutional investors increase their exposure to crypto. Litecoin has always been bitcoin’s little brother and is finally feeling some love again. Bitcoin has recently surged over $20,000 dollars and this can only be a positive for bitcoin’s little brother LTC. Unlike many crytocurrency projects Litecoin has been est ..read more
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Crypto coins to mine with the highest profitability in 2016
Lite Coins Blog
by Lite Coins Miner
3y ago
If you aren’t sure which coins to mine then it can be a difficult process carrying out the required research to find the largest profit margins. Thankfully there are already websites available that simplify the selection process. First you need to establish whether you are mining with a GPU or ASIC’s device. Then head over to whattomine.com and then select GPU or ASICS link from the top of the page. You will instantly be presented with the crypto coins with the highest profitability in realtime. Now once you have mined your coins you may want to convert your cash back into a safer currenc ..read more
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Litecoin Price Explodes in 2016 with 47% profit
Lite Coins Blog
by Lite Coins Miner
3y ago
Its been a long while folks but I’m back. You will be glad to hear that I haven’t sold a single Litecoin since this blog started. I still hold a long term bull position when it comes to LTC. I’m willing to risk all my coins as I am 100% certain there will be some big gains ahead. I still run a few P2Pool mining pools as they are relatively hands off. If you are looking to mine some coins then why not point your miners at litecoinp2pool.com to join our team. Unfortunately my days of building GPU Litecoin mining servers are over. When the ASIC’s hit the market the GPU mining business was ov ..read more
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Expedia now accepting Bitcoins
Lite Coins Blog
by Lite Coins Miner
3y ago
Expedia are now accepting Bitcoins as a form of payment for hotel bookings. This trial is taking place initially for the U.S based site only. Hopefully we will see this introduced on the UK based Expedia site over the next few months. This is yet another big corporate who are supporting Bitcoin. Perhaps we will see Litecoin accepted in the not too distant future. Great news for the future of Cryptocurrency. You can read more on this story over at Sky News below http://news.sky.com/story/1281019/expedia-accepts-bitcoins-for-hotel-bookings The post Expedia now accepting Bitcoins appeared first o ..read more
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New Secure Internet created by Bitcoins
Lite Coins Blog
by Lite Coins Miner
3y ago
How would you like an internet that is safe from hackers and government agencies snooping? Well it appears that a company by the name of Maidsafe based in Scotland are bringing this idea into reality. The network goes by the name of Maidsafe SAFE network. With this network personal data is never stored on servers in data centers like mainstream companies. Personal data is encrypted and stored across many personal computers that are connected to the network. The network was funded by selling the companies software called Safecoins.Payments were accepted in Bitcoin or Mastercoin. Within 5 hours ..read more
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Bloomberg now publishing Bitcoin data
Lite Coins Blog
by Lite Coins Miner
3y ago
I read with excitement recently that Bloomberg the global news and information provider is now publishing virtual currency news and prices. This is a big movement with virtual currency prices now available on traders real-time terminals. The movement of virtual currency data on to traders workstations could pave the way for potential integration with other trading applications within investment banks & trading houses. For a global player like Bloomberg to be publishing this data it certainly indicates that the future of virtual currencies will be bright. It also shows the client demand is ..read more
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Investors take notice of Litecoin as transaction rates surge
Lite Coins Blog
by Lite Coins Miner
3y ago
Investors are taking notice of Litecoin in 2014. Litecoin the Silver of cryptocurrency is here to stay and the currency is ranked 2nd on coinmarketcap proving the coins as strong as ever in terms of available supply. The price of cryptocurrency has been quite erratic recently and we have seen some fairly dramatic drops. But lets put this in perspective. The price of Litecoin now is still almost 500% higher than it was 6 months ago. Bitcoin however is just a shade over 100% higher than its price 6 months ago. Transaction rates for Litecoin have also increased by over 100% since late 2013. This ..read more
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Chinese Exchange Huobi to start trading Litecoin
Lite Coins Blog
by Lite Coins Miner
3y ago
Chinese Exchange Huobi have announced that they will start trading Litecoin from 19th March. Users can begin uploading LTC to their accounts prior to this date. This can only be good news for Litecoin and prices are reflecting this. Huobi’s move follows BTC China’s decision announced recently, which implemented litecoin trading “effective immediately” with 0% fees. We are now seeing the true value of LTC. While ALT Coins come and go Litecoin has stability. I believe Litecoin is here to stay and that the price is trading well under its true value currently. Now is an opportunity to mine Litecoi ..read more
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Impact of Bitcoin Exchange Shutdowns
Lite Coins Blog
by Lite Coins Miner
3y ago
First Meta Bitcoin Exchange has been the latest Bitcoin Exchange to close its doors. Canada-based Flexcoin was forced to shut down, stating that someone attacked its systems and stole circa $600,000 worth of Bitcoin. In this case it seems that the CEO of the company Autumn Radtke was found dead in her apartment this month. This is only shortly after Japan-based MtGox Bitcoin exchange filed for bankruptcy protection. A flaw in the exchanges software meant that 850,000 Bitcoins were stolen worth about $429 million. What effect has this had on Bitcoin and Litecoin prices. Well as expected prices ..read more
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New USB Powered Riser Cables Make Rig Builds Easier
Lite Coins Blog
by Lite Coins Miner
3y ago
For those who aren’t aware there are now some new riser cables on the market. These risers comprise of a x1 connector that is plugged into your motherboard. A USB cable of between 60cm and 100cm is connected at this point. At the other end of the USB cable there is a circuit board with a x16 slot for you to clip in your PCI-E Graphics card such as a R9 290. These risers allow you to easily build rigs and move your graphics cards up to 1 metre away from your motherboard. Remember how we struggled with 15cm flexing the cable and not being able to place the card where we wanted to. Now we can mou ..read more
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