How much do you earn from mining Litecoin?
Knowing the machine that we are going to study, we can enter the data in a mining calculator to determine the profitability or profit that Litecoin mining can generate. For this we will use the CryptoCompare calculator and enter the data of the "Hashing Power" , the hashing power that our miner has. The Antminer L3 we are studying has a power of 504 MH / s.
The calculator will also ask us to indicate the commission required by the mining pool that we decide to enter, we will leave this information blank. T Also excluded indicate any data on electricity consumption since it varies from country to country.
The calculator is responsible for providing the data regarding Network Difficulty ( 332,795 GH / s) , Block Reward (25 LTC ) and estimates an average block generation every 150 seconds . These data are scheduled for the time of this research and they may vary.
With all these clear variables we are going to observe the results of the calculator. CryptoCompare shows us the daily, weekly, monthly and annual production that can have both in Litecoin with dollars. Production in dollars is taken at a rate of 1 LTC / 83.53 dollars.
The monthly production generated by an Antminer L3, according to the calculator results, is located at 0.6542 LTC . Meanwhile, the annual production is located at 7.96 LTC . These incomes provided here are NOT exact and they may vary over time.
It should be remembered that to these revenues we must add the costs inherent to the electrical consumption of the mining equipment and the consequent commission that we must pay to mine as part of a mining Pool.
