Jun 11, 2019
LTC Mining Profitability Report
This report is a short analysis on LTC mining profitability with the miner L3++, in addition, we have reviewed the LTC Mining difficulty change over the past three months.
Litcoin price change
The LTC next halving is expected to occure on 5th August 2019, the coin reward will decrease from 25 to 12.5 coins, and the daily coins generated per day would be deducted to 7200 from 14400, clearly, this is a positive thing as the inflation slows, less coins for the market and therefore everyone’s coins rise in price. As indicated in the above chart, the LTC price has been increasing over the past 2 months.
Mining Profitability Analysis
From the chart, assuming that the LTC price remains $120, it will take you approximately 112 days to reach the breaking-even point.
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