Nexo is delighted to announce that the Dividend Payment of US$2,409,574.87 to NEXO Token Holders scheduled for August 15, 2019, is now complete.
Depois de tantos anos com complicações de saques e pagamentos, que
Bitcoin investors keen on increasing their net worth can now enjoy seeing their portfolio multiply, thanks to
The project’s top priority is fraud protection and bookmaker’s activity transparency (users can always verify the platform’s account balance).
Litecoin ranks 4th on CoinMarketCap, it was launched on 7th Oct 2011 by Charlie Lee, an ex-Google employee. Litecoin is the fork of Bitcoin. The main feature of Litecoin is it has a lower block generation time of 2.5 minutes and a different hashing algorithm. Litecoins all-time high rate was 375$ on 17th Dec 2017. The current rate of Litecoin is 100$ (while writing). Let’s learn more about Litecoin Mining
Litecoin is the lite version of Bitcoin ~ ANN Thread
It is profitable to mine any coin when it launched first but after a few months and difficulty, it is not profitable. Like Bitcoin, nowadays bitcoin mining is not profitable. The same case is with Litecoin, you can mine Litecoin but you need high-quality equipment to mine Litecoin in profitable ways.
It is said that miners can’t make money using CPUs or GPU’s but using ASICs is profitable. Let’s check out how we can mine Litecoin and in profitable ways. Lee says If Bitcoin is Gold then Litecoin is Silver.
Things that you need to have before start Litecoin Mining are Litecoin wallet, Mining Pool, Cloud mining sites(for cloud mining) & Hardware (for GPU mining), Mining Software, Exchange sites.
Litecoin mining tutorial by Jeff
Litecoin Wallets
The first step in starting mining is having a Litecoin wallet. Without wallets, you can’t start mining because you need to store your LTC somewhere. Click here to get your own Litecoin Wallet. We recommend using Hardware wallets or Paper wallets.
Methods To Mine Litecoin (Cloud & ASIC Mining)
Cloud Mining is low-cost mining but having more risk than ASIC mining. Cloud mining means you are using someone’s hardware. For example, there is a company that has a mining farm and they allow the public to purchase hash/part of the output. The following are some trusted cloud mining sites.
Genesis-Mining: Genesis mining is one of the oldest bitcoin cloud mining companies or sites. The company is based in Hong Kong but the founders are from Germany. 7 coins are available to mine are Bitcoin, LTC, Dash, ETH, Zcash, XMR, and Monero classic. Companies HQ is located in Hong-Kong. The problem with genesis mining is their customer support is very slow.
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Eobot: The site is active since 2013 from LA. EoBot supports more than 10 coins including Ethereum. Outputs are updated every 60 seconds. The fees on EoBot are high and complex to understand, check the fees page of Eobot to understand.
ASIC Mining stands for Application-Specific Integrated Circuit. ASICs are more powerful than CPU & GPU. ASIC is made to mine specifically any one coin which makes it more powerful. You can mine using GPUs but it’s not profitable in any sense. Below are some best ASIC Miners.
AntMiner L3+: It is the “World’s Most Powerful and Efficient Litecoin Miner”. Antminer L3+ is scrypt algorithm based it means users can mine any coin supported on the scrypt algorithm. Currently, there are more than 100 coins based on Scrypt Algorithm including Litecoin and DogeCoin.
AntMiner L3+ can be purchased from the BitMain shop but you can search on eBay and amazon too but make sure to check buyers’ profiles first before purchasing.
Always purchase Mining Equipment from the original manufacturer.
Litecoin Mining Pool
There are two ways to mine Solo and Pool. In solo, you have to mine alone and it may take months or years to mine one Litecoin for solo miners. In a pool, where all miners come and mine as a team. Check some best Litecoin Mining Pools below.
- LiteCoinPool: One of the best and oldest mining pool, started in 2011. The payment system on LiteCoinPool is PPS (Pay-Per-Share). There are a number of features that make this pool different from others you can read features on their homepage.
- ProHashing: Started in 2013 with supporting not only LiteCoins. Users can get the reward in any coins they want for more details visit here. ProHashing is using the PPS method.
Click here to find out more litecoin mining pools.
Litecoin Mining Software
Mostly ASIC miners come with pre-installed software. Users just need to plug in and start mining. Click here to check out all litecoin mining software.
All statistics related to Litecoin can be viewed here.
Cloud Mining is an alternative to ASIC Mining. There are countries where Mining is not allowed or it’s not profitable. Electricity charges and the cost of hardware are much high that everyone can’t afford to mine, instead of mining bitcoin at home they purchase cloud mining which is very easy and simple.
Bitcoin mining is only profitable when you have more than 5-10 GPUs and it cost much more. Cloud mining means you are using someone’s hardware. For example, there is a company that has a mining farm and they allow the public to purchase hash/part of the output. Users get profit from time to time and firms get funds at once. The benefit for users is that users can earn Bitcoin more than what they expected or estimated, the price of Bitcoin also matters in such conditions.
Bitcoin mining calculator, helps you to know the output of your bitcoin mining. Cryptocompare and whattomine are the two best mining calculators.
In my opinion, if you are from countries where mining is not profitable then start mining using cloud mining. Below we reviewed some best cloud mining sites.
The thing which you need to care about is not joining any scam site. There are already many scam cloud mining sites and phishing sites.
Reviews of Best Bitcoin Cloud Mining Site
1. HashFrog (Recommended)
HashFrog is a new but trusted Bitcoin cloud mining platform that supports coins like Bitcoin, Kadena, Litecoin, Dogecoin, and a few others. To prove their trust they have partnered with companies like BitMain and AntPool.
If you are a newbie then you might be facing any issues or have questions related to their platform. Then the good thing is that they offer 24/7 chat support.
You can deposit or buy a cloud pool worth $5000 without KYC verification. There are withdrawal limits as well for non-KYC verified withdrawals. Minimum cloud mining starts at $10.98 for 3 days plan.
2. Genesis-mining
Genesis Mining is one of the oldest Bitcoin cloud mining companies or sites. The company is based in Hong Kong but the founders are from Germany. 7 coins available to mine are Bitcoin, LTC, Dash, ETH, Zcash, XMR, and Monero Classic.
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Get your Bitcoin Hardware wallet: best bitcoin hardware wallet
3. Honey Miner
Honey Miner is a new company but they seem a trusted one. You can find details regarding their team on their about us page.
You can choose your hash power, 25 MH/S, 250 MH/S, or 2500 MH/S. Anyone can start from 66$ to 23600$. Check rates here.
4. Hash Flare (Not recommended) (Closed)
HashFlare is founded in the year 2015. The main con is they don’t have an about us page on their site, but when I previously check about a year ago they have that about us page. The Hashflare company is registered in France.
There is much criticism against this company regarding profitability and reviews, many users say that they have fake reviews.
Conclusion: In many cases, Bitcoin mining either hardware or cloud mining, both are not safe and easy. There are more chances to lose. Instead of starting Bitcoin mining, buy Bitcoin.
Conclusion: Hence there is nothing Bitcoin cloud mining free things. Cloud mining Bitcoin or any other coins is only profitable if you invest big amounts. Bitcoin cloud mining payment proof is available on Google but no one will personally share if they want you to join under you.
Tags: Bitcoin cloud mining free trial, bitcoin cloud mining Reddit
There are different methods in Bitcoin Mining Pools through which users can get their rewards. Out of them PPS and DGM are considered as best Payment methods. Each method satisfies each group of miners. Some prefer PPS and some prefer PPLNS and more on. Read this post before joining any mining pool and always check which payment methods are used by pools.
Must get your Hardware Wallet first. Mining pool payment methods.
PPS: PPS stands for Bitcoin mining pool Pay Per Share. PPS means miners get paid for each share, it is like giving instant wage to labor. A payout can ask instantly.
PPLNS: PPLNS stands for Pay Per Last N Shares. Here N means for some numbers. PPLNS explained in brief here.
DGM: The DGM stands for Double Geometric Method. In these methods, operators get a portion of payouts to absorb risk.
PROP: PROPORTIONAL means standing to PROP. PROP enables the proportional distribution of payouts when a block is found.
CPPSRB: This method never kept miner’s funds, as they pay directly to miners from the founded block. CPPSRB stands for Capped Pay Per Share with Recent Backpay.
SMPPS: Shared Maximum Pay Per Share is stood for SMPPS. It has a similar concept to PPS but in this method mining pool never pays more than the pools had earned.
ESMPPS: Equalized Shared Maximum Pay Per Share is stood for ESMPPS. As you can see only one extra word that got added is Equalized in comparison to SMPPS. In this, the pool pays equally between all miners.
POT: The Pay on Target. POT approaches is a high variance PPS that pays out in accordance with the difficulty of work returned to the pool by a miner, rather than the difficulty of work done by the pool itself.
There are few more Bitcoin Mining Pools Payment Methods which didn’t mention here for now.
Bitcoin mining is not that much easy as it was before 2015. Because of block size, it makes mining harder. Miners always prefer the mining pool to solo mining. More miners in the pool more chance of mining Coins. Chinese mining pool mostly covers 50% of the whole mining pool industry.
Also read: Best Bitcoin wallet
Top Bitcoin Mining Pool
BTC.com: This mining pool covers 18% of the total mining pool. It is owned by Bitmain who is the owner of AntPool. BTC.com charges a 1.5% fee which works on the PPS model. The site uses Cloudflare to avoid DDoS attacks. The site is mostly famous because of its transparency. BTC.com is managed in China.
AntPool: Antpool is managed from China and it operates by Bitmain. Antpool offers PPLNS(0%) and PPS (2.5%) models. The fee is not disclosed by Antpool. There is no minimum payout but users at least must have 0.001 BTC and payment proceed daily. Antpool offers 2fA, wallet locks, and email alerts for security measures.
F2Pool: F2Pool covers almost 10% of the whole mining industry. F2Pool is based in China. It was launched in 2013. Payouts made daily with fees of 4% on the PPS reward system. Users are not allowed to change their email address after registration. The minimum payout is 0.001 BTC.
Slush: SlushPool is covering 9% of the market share. Slush Pool is the first Bitcoin mining pool that launched in the year 2010. Slushpool is run by Satoshi Labs. The fee is 2%. The minimum balance required to withdraw is 0.0002 BTC.
Slush Pool uses 2FA, wallet address lock along with read-only login token for security.
BTC.top: Operates from China. This is the private mining pool hence you can’t join.
Above are some best and safest Bitcoin mining. There are more on the internet but amongst them, this is the oldest with trust Bitcoin Mining Pool.
How To Join Bitcoin Mining Pool?
To join the bitcoin mining pool you just need to install and connect the mining pool.
Syndicate casino was launched in 2018 by Direx N.V and registered under Curacao laws. This is the fastest-growing online bitcoin casino. Syndicate.casino offers 1000 EURO and 200 free spins as a welcome bonus. It accepts VISA and MasterCard plus 5 major cryptocurrencies are Bitcoin, BitcoinCash, Ethereum, Litecoin, and Dogecoin.
Users can play various games on syndicate casinos and they have various game providers like 1×2 Gaming, Amatic, Belatra, BGaming, Betsoft Gaming, ELK, Endorphina, and many others. Bitcoin online syndicate.casino is also mobile-friendly, users can play on the mobile device. They also offer live chat
Also Read: Best and Safest BSV Coin Wallet
Also Read: How To Earn Bitcoin From Roll And Ball Bitcoin Game
Deposit and Withdrawal on syndicate casino
Deposit and withdrawals can be done using VISA, MasterCard, Neteller, Skrill, Ecopayz, Bitcoin, BitcoinCash, Ethereum, Litecoin, and Dogecoin. The minimum deposit is 10$ and the maximum deposit is 4000$ with 0% fees. The deposit can be done instantly.
Minimum withdrawal is 20$ and maximum withdrawal is 4000$. Card withdrawals may take 1-3 days and Bitcoin withdrawals are instant.
Bonuses on syndicate casino
125% bonus + 200 free spins (max amount 125$)
75% bonus (max amount 250$)
50% bonus (max amount 400$)
100% bonus (max amount 225$)
Games on syndicate casino
There is a number of games on syndicate casino. Users can play live casino games like Roulette, Baccarat, Blackjack, Keno, and others. On syndicates casino’s homepage users can find all the games and top games. The syndicate casino also allows users to play demo games.
Mobile device
Users can play games on mobile devices without downloading any APP. No need to download any APP to play syndicates games on mobile.
Restriction on countries
Syndicate casino is not accessible in the following countries United States, Philippines, Singapore, Taiwan, Australia, France, Italy, Spain, Russia, Thailand, Belgium, Canada, Mexico, and Portugal, among others. Read terms and conditions of syndicate Casinos to know more about restrictions.
Sign up process
Sign up process is very easy. Users required to submit email, username, password, and captcha.
VIP program on syndicate
Play more and get more chances to climb up to the VIP group. From beginner to godfather ranks are there and each rank has random rewards to claim.
Supporting languages on syndicate
Six different languages are supported on syndicate, English, Deutsch, Portuguese, Espanol, Suomi, Norsk.
Syndicate customer support
Syndicate offers 24×7 online help support. Other methods to contact syndicate is Email and phone number.
Syndicate Casino No Deposit Bonus Codes 2020
Here you can find promo codes for the year 2020.
Is Syndicate Casino Scam?
There is no proper review but some users reported that they got scammed from this platform. Users didn’t receive payment.
This is the quick Bitcoin Safety guide on how to keep your bitcoins and other cryptocurrencies safe from hackers and spammers. You may find some lines which you may already know but you regret to follow, here most people do this mistake.
You may know there are different types of Bitcoin wallets like Hardware wallets, Paper wallets, Desktop wallets, Mobile wallets, and Online wallets.
- Use hardware wallets only, the hardware wallets are the safest wallets in the world. You can buy one from here. Buy ones and feel free forever.
- keep passphrase and private keys safe, whenever you create a new wallet you will get a passphrase and private key you just have to keep them safe, this is the only source to access your wallets.
- Never surf unknown sites, most newbies open all sites without knowing what actually they are going to view. mostly they click on fake “free earning method” links. If you think you need to access that site and you are not sure if that site has something wrong or not then use this tool called virustotal. Virustotal will scan the website and let you know if the site has a virus or not.
- A separate device, it would be great if you have one separate device for wallets, so by mistake if you install any virus then still your wallets are safe. And never visit any other sites except wallets.
- Install Metamask, if you are using Google Chrome and Mozilla then install Metamask extension. Metamask scans sites and tells you if the site is the phishing site or not.
- Bookmark sites, you may need to visit your wallet again, and again, in such cases, you should bookmark your wallet site. Even after the bookmark, you need to check the URL again and again for security. Always double check URL from official sources
- Do not share, sometimes newbies are asked by site owners to share their private key and they may share it with them. It may affect them in the current time or in the future. Private keys and passphrase are the only keys to access your wallets when you share your private key at that time you shared your money too.
- More email ID, create more email ID’s I suggest having at least 3 email IDs. You have to sign up on many sites now or in the future. And make sure to use those email IDs carefully.
- Different passwords, what most users are doing is they are using the same password on many sites, sometimes they know this is not safe. Or create a notepad in which write your passwords and make don’t write the correct password just change some words from the notepad.
- Do not use emails, never transfer private keys or passphrase through email to email or through an app.
- Do not click unknown, you receive email or message which may include some links if those emails are from unknown sources then do not click on any links.
- Scam profile, sometimes scammer use fake profile of any admin and they use to contact you from the fake profile they may ask you to download the file or anything and may ask you to click on links. So always double-check profiles. There are many fake profiles on telegram and LinkedIn.
This is the Bitcoin Safety guide, which every user must follow to keep their funds. Do not forget to share this article if you found this article helpful.