On August 25, 2015, the block reward for Litecoin halved, from 50 to 25 LTC, amidst the growing concerns about the block difficulty and profitability of mining litecoins. The significant decline in block reward which was already fairly low as is, led to the downfall of the several Litecoin mining operations and individual miners processing transactions on the network using ASIC miners.

The product images are just shown for representation, so the final product may look different. Main specifications: • Hashrate / Processing Power: 1024 Mh/s for the Scrypt algorithm (+-5%) • ATX power supply: PSU is included • Power consumption: ≈ 1.27 Kw (1224w board + chips – 20w 2xFan – 4w Host ) • 12nm FinFET Process Technology • Network: RJ45 10/100 Ethernet port • Mining Software: Cgminer rev3.5 with a dedicated WEB interface for easy configuration. • Number of chips per unit: 206 hashing chips • Mining cores the unit will include: 80 LTC/Scrypt cores per chip. • Hashrate per chip: 5Mh/s • Max Power consumption per chip: 6w • Chip package Size: 8 mm x 8 mm • The frequency of the chips: 1400Mhz • Communication interface: serial port interface • PSU is included: 1400W. The Wolf V1 is an ASIC Scrypt Miner to mine all Scrypt-based cryptocurrencies such as: Nxt Monetary System – Ignis Ardor child chain: with the Asic Scrypt mining hardware, you have the opportunity to mint all Nxt Scrypt-based MS coin that is distributed by a Proof-of- Work-like mining mechanism, but which is secured by Nxt’s PoS algorithm.

How To Mine ZCoin XZC On Minergate. Litecoin: The first Bitcoin fork, since its launch in October 2011, Litecoin blockchain gives us more than 5 working years of permissionless innovation blockchain with zero downtime. Also, used in certain niche cases where security is paramount but transaction times are not, Litecoin is perceived as a kind of Bitcoin Backup. It rose from $45 million of market cap in 2011 to more than $500 million in April 2017. Litecoin could break the multibillion – trillions dollars market cap easily.

Dogecoin: sets itself apart from other digital currencies with an amazing, vibrant community made up of friendly folks. It is merged with the Litecoin network, gives it more decentralisation and security that enables you to easily send money online. All coin based in the Scrypt algo: Will litoshi achieve parity with US dollar? FIAT is falling! Let this be the start of a new battle!

We invite our customers to carefully read the terms and conditions before ordering. Most important, our Asic Scrypt miner is non refundable. It is only available on pre order.

Our production system and shipping queue are based upon the date full payment is received not on the date order is created.