Is Litecoin mining profitable in 2019? Lets review LTC mining profitability straight from the creator of Litecoin, Charlie Lee on the latest Litecoin scrypt miners the Bitmain Antminer L5 and Innosilicon A6+!
Scrypt mining is one of the most profitable mining algorithms in the world, ever. This is mainly due to Litecoin however Dogecoin is also on the same mining algorithm. The large Chinese mining pools backed by massive Chinese mining farms merge mine Litecoin and Dogecoin (LTC and DOGE), with the latest miners out from Bitmain and Innosilicon the Antminer L5 and A6+ respectively scrypt mining now evolves once more. The Litecoin halving will impact mining profitability dramatically, as in it will simply cut it in half. However, if LTC price doubles that result will not be nearly as impactful.. time will tell!
https://www.youtube.com/watch?v=X8W18yvCVPEAll relevant links and timestamps to navigate this video in the video description on YouTube