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Genesis Mining Offering Litecoin Cloud Mining Again
15, Jan 2017
Litecoin (LTC) is one of the oldest altcoins and it is still alive, although soon after the first wave of Scrypt ASIC miners appeared the interest and numbers of users mining the crypto has started diminising. You can say that LTC was in a bit of a slumber pretty much everywhere besides China at least until a few months ago when Innosilicon has finally released their A4 Dominator Scrypt ASIC miners. So the last few months things have started to move a bit once more and the development of Litecoin has also been a bit more active with SegWit support getting ready to be implemented as well.
The early Innosilicon A4 Dominator Scrypt ASIC miners apparently had some issues according to users that got the devices and they are still being offered, though with the upcoming Chinese new year there could be some delays if you purchase now. The A4 Dominator is supposedly offering 280 MHS hashrate with 1000W power usage and is available for a price of $1800 USD. You will need to get a power supply for the device separately as it is not included in the purchase price of the miner.
Interestingly enough with the increase of the interest in Litecoin (LTC) you can now again purchase Scrypt cloud mining hashrate for mining Litecoin from Genesis Mining. The cloud mining company has been offering Scrypt cloud mining contracts before, but stopped doing so quite some time ago and it now brings back the contracts again. One can easily assume that their new offers are most likely based on A4 Dominators and the pricing is pretty good as an alternative to purchasing the hardware yourself.
You can get 2 MHS Scrypt cloud mining hashrate for $28 USD, 50 MHS for $650 USD of 200 MHS for $2400 USD as a preset packages or any custom hashrate in between. The Scrypt cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase a Scrypt cloud mining contract.
– For more information about the Scrypt cloud mining offers available from Genesis Mining…
Litecoin (LTC) has been going up in terms of price in the last few weeks for a number of reasons including the upcoming SegWit support, Lightning Network and now the addition of trading pairs for the crypto currency by Coinbase. There was also a report that in the past 24 hours, over 1 million $LTC has been traded on GDAX. This is finally something that is really making LTC interesting again after the last couple of years when nothing much was happening and Litecoin wast moving much. This push is also helping the manufacturers of Scrypt ASICs such as the Innosilicon Dominator A4 and the more recent Bitmain AntMiner L3+. So if you have left out LTC for dead already, then you might want to reconsider that and keep an eye out for the future developments surrounding LTC once more.
– For more on how you can now easily buy, sell, send, and store Litecoin via Coinbase…