Litecoin Mining Hardware

Anisa Batabyal
| 30 April, 2020 | 2 min

Choosing the correct hardware is always tricky when it comes to cryptocurrency mining, as different types of cryptocurrencies have specific requirements and specific technology preferences. Cryptocurrency mining hardware are also known as rigs, which helps solve math problems and mine the respective coin. It operates with scripts or functions that enable the users to utilize their CPUs to mine cryptos from designated sites. Litecoin has specific parameters that actually make rigs better than others. (Mining Litecoin 2020). As the supply of Litecoin is more, and its demand is lesser than that of Bitcoin, Litecoin cloud mining is easier and gives high Litecoin mining profitability. Check out the top Litecoin mining software here.

There are three types of Litecoin hardware to choose from:

  • CPUs: It is a cheap method to mine cryptos, but its extremely slow. CPU mining can be done any time from your personal computer, which has operating systems like Mac, Windows, and Linux.
  • GPUs: This is the most popular type of mining you’ll ever come across. GPUs use graphic cards to extract the respective crypto. Though it’s fast and effective, it can become very effective.
  • ASICs: Also called Application Specific Integrated Circuits, which are considered the best Litecoin miners. There are specific ASICs that are build to mine Litecoin. The drawback is that its quite expensive and requires some initial knowledge about crypto mining. The level of Litecoin mining difficulty is high here.

Types of Litecoin Mining Hardware

  • Antminer L3+
  • Nvidia GeForce GTX 1060
  • AMD Radeon RX580

#1 Antminer L3+

If you want to go with ASICs, then Antminer L3+ is the clear winner. This was released in 2017 by Bitmain, which is known as the market leader when it comes to mining hardware. They have created many ASICs over the years, of which Antminer L3+ is considered one of the best. The only problem with this mining hardware is that its pretty expensive. Bitmain even was exposed earlier for adding a backdoor for their products, which kind of impacted the company’s reputation. This is one of the best Litecoin miner in 2020. Litecoin mining profitability is high when it comes to ASICs.

You can buy it here

#2 Nvidia GeForce GTX 1060

Nvidia GeForce GTX 1060 is one of the latest addition to the top GPU list, snatching the position of AMD Radeon RX 480, which is almost unavailable lately due to low inventory. Although GTX 1060 doesn’t have that powerful GPU, it delivers incredibly good mining results without being too much expensive. Its a good graphics card for gaming and you can use it for other purposes, too. This comes after Antminer L3+ in terms of efficiency.

You can buy it here

#3 AMD Radeon RX580

AMD Radeon RX580 is really good at its graphics for mining hence sometimes very difficult to find. It is well deserved for its popularity and fame as it provides a hash rate of 20 MH/s, and simultaneously, it keeps the power consumption low. It is comparatively cheaper, and the card’s mining performance is noteworthy. This is one of the best GPU for mining, value for money in 2020.

You can buy it here

FAQs on Litecoin Mining Hardware

  1. Can Antminer mine Litecoin?

Yes, hence, that is first in the list. Antminer L3+ is the best.

  1. What do I need to mine Litecoin?

Litecoin mining hardware, Litecoin mining software, Litecoin mining rig. Check out the top Litecoin mining pool options here.

  1. Can I mine Litecoin on my laptop?

If you think you can control the voltage of your laptop CPU and GPU, then it is OK to mine, but make sure you undervolt and underclock your laptop.

  1. What’s the best Litecoin mining hardware?

All of the above mentioned Litecoin mining hardware are good. You need to choose as per your requirements.

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