As a key difference from Bitcoin, Litecoin attempts to process a block from the chain every 2. Additionally, due to the algorithm, it uses for proof-of-work, devices used to mine Litecoin are considerably more complicated to create. As such, the number of miners is much smaller, which means alternative forms of earning Litecoin have sprung up.
The most common of these are faucets and free litecoin cloud mining services. People looking to earn litecoin without the complicated litecoin mining free process usually turn to so-called faucets. Essentially, these are websites that pay you a small amount of currency in exchange for various things. What you need to do depends entirely on the website in question. It usually includes viewing ads or performing small tasks, such as surveys.
The amount of Litecoin you receive with these offers is very small when converted to fiat currencies. LTC faucets and free litecoin mining are for earning some pocket change at times you would otherwise be wasting. Now, the nature of cryptocurrencies is undeniably speculative. This means that, if you want to earn something more, you should think long-term. Look at it this way: if you were to invest in Bitcoin in the early days, a relatively tiny amount would have turned into thousands of USD years later.
Possibly the most well-known among these, Moon Litecoin is praised for its simplicity and no-nonsense approach. Moon Litecoin allows you to claim up to litoshi every five minutes. All registered users can use this basic daily faucet, limited to around litoshi per hour. Besides that, the website is neat and user-friendly, and you can even set up an automated payout to your LTC wallet. The limit is around 0.
The main difference this website has compared to the competition is that they also feature a small LTC-based lottery for all registered users. Your chances are not great — Litecoin-faucet. Try it now! Not to be confused with the previous website, this faucet works a bit differently. It takes a total amount of 2,, litoshi and divides it among its users every hour. How much you get depends on the tier of the user you are — the longer you use the site, the more you get.
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