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Mining

Bitcoin mining is the process of verifying and adding transaction records to the public ledger (blockchain). Miners are rewarded with coins for their work.

@anthonyonchain Ports Ordinals to Litecoin - MWEB White Paper Inscribed on Block 2425370

@anthonyonchain Ports Ordinals to Litecoin - MWEB White Paper Inscribed on Block 2425370

@anthonyonchain recently ported Ordinals, a NFT protocol created by Casey Rodarmor, to Litecoin. To commemorate the occasion, the first inscription on the Litecoin blockchain is the MWEB white paper.

Scrypt is Memory Hard.

Scrypt is Memory Hard.

Scrypt is a memory-hard function designed to protect against denial-of-service attacks and for metering clients' access. It is resistant to specialized hardware like ASICs and FPGAs, making it more secure than other algorithms.

SHA256 vs Scrypt: Why Comparing Hash Rates of Different Hashing Algorithms is Misleading

SHA256 vs Scrypt: Why Comparing Hash Rates of Different Hashing Algorithms is Misleading

Application Specific Integrated Circut (ASIC) miners are designed to mine a specific algorithm; they cannot be configured to mine a different algorithm.

Litecoin Miners Are Dogecoin Miners. Wow! Merge Mining: Definition, Win-Win.

Litecoin Miners Are Dogecoin Miners. Wow! Merge Mining: Definition, Win-Win.

Merge mining is the process of allowing two different cryptocurrencies to be mined simultaneously.