Crypto mining ideas 💡

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Avatar for Mustafamalik
2 years ago
Topics: Crypto, Myday

LTC mining is one of the easiest crypto-mining strategies to get started with today. All you need is a cheap Android smartphone and some simple software. You're not going to find yourself spending much money on hardware either. Most smartphones these days have powerful CPUs and GPUs inside them that make them good candidates for crypto mining. If you want to start mining Litecoin today using an Android device, here's how to do it:

Step 1: Download the Open Source Mining Client (OSM)

Step 2: Install OSM and connect your phone to the internet

Step 3: Choose what kind of wallet address you want to use for mining Step

4: Select the difficulty level and set your coinbase reward

Step 5: Start mining!

2. Monero Mining

Monero Mining is similar to Litecoin Mining except it uses XMR instead of LTC. Monero mining requires an ASIC miner, which means you'll need to pay extra for specialized equipment. However, if you already own a GPU then you could try out Monero mining on that. Just keep in mind that Monero mining isn't nearly as profitable as Litecoin mining, so you may want to consider switching over to Litecoin if you're looking for more profit.

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