Is it possible to mine Litecoin?
Yes, you can. Mining is the process by which new LTC tokens are created and transactions are added to the blockchain.
#Litecoin , like
#Bitcoin , uses the Proof-of-Work (PoW) algorithm. Unlike Bitcoin, which uses the SHA-256 hashing algorithm, Litecoin uses the
#Scrypt algorithm. This difference makes Litecoin mining more accessible to people with consumer-grade hardware, although competition has increased over time with the advent of specialized mining hardware.