Litecoin was launched in 2011. Like many cryptocurrencies, it uses a proof-of-work consensus mechanism, relying on mining for its security and coin minting process.
Litecoin mining is a highly complex and energy-consuming process that requires a lot of computer processing power. Unfortunately, this means that common CPUs don’t offer enough processing power for mining Litecoin.
As a cryptocurrency, Litecoin is nearly identical to Bitcoin. However, it has a much higher unit cap. If you…
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