LightBit - Startup Cryptocurrency With Great Potential

[WillWam 0]

Note: This was published on the WillWam Blog in September. Some circumstances may have chanegd

 

Cryptocurrency is volatile. There’s no getting around that. But as a crypto trader and miner, this coin caught my eye.

It’s called LightBit. An easy-to-mine, Proof of Work currency (it is also rumored to launch Proof of Stake possibilities later this year).

This particular coin catches my eye, because (like some other coin recommendations I’ve made in the past) it is CPU mineable. In fact you can only mine it with your CPUs.

So why is this better than your run of the mill brute force coin? For starters, it’s energy efficient. ASIC, GPU, and even server farms create a huge amount of C02. In fact, Bitcoin alone generated about 20 megatonnes in 2018 according to this Guardian article.

Not only is LightBit clean and energy efficient, it is profitable. Mining LightBit through pools like HashPex and SkyPool make easy payouts to your LightBit wallet. And yes, unless you have a beefy CPU, it’s dangerous to go solo. Currently, extremely profitable, and we haven’t even looked at the future PoS option.

Lightbit is also friendly to almost any CPU (ARM CPU software is still being compiled). I’m mining with a really old Intel Duo processor, and it’s achieving a decent 350 H/s. In a day, I’d already earned almost a dollar in LightBit with the Duo and about an hour of i7 mining from my test laptop.

So we’ve got ecologically friendly algorithms, good support for all CPUs, some nice pools, and I can’t stop mentioning PoS software. What more could you ask for? Here’s what you can ask for. A coin that is listed on a number of exchanges, and a listing CoinGecko. Take that plus a sleek website design, and you’ve got the ideal coin that is LightBit, plus a rising 100 satoshi price.

LightBit has a strong community! Join the Discord!

Developer Donation Addreas (LITB):

LKM9WurpjcX6k5mfhCWotjdWoreV63MVEA

My LITB address (support the blog):

LdCNiRXeXaLFQ7vC9PgpBiXE99t9zyNao2

 

 

Thanks for reading and supporting the incredible developers at LightBit. If you want to see more like this, subscribe to willwam.com

[Crypto123 0]

True Bitcoin mining has produced huge amounts of energy and CO2 gas in the past years, and this is a very great advantage that mining is by the processor only and does not require much energy. But the question is whether it will always remain so or need more energy in the future, as happened with Bitcoin.

[Jeet Narayan 1940]

LightBit startup is great solution for mining, day by day mining becoming very costly but LightBit project bringing new ways. I want this coin project come very soon. 

[Upright 2688]

As of the known fact of the mining process using enough electricity but it's also a contributor of CO2 emissions, as major companies on industrial products are worst than this, but having of coins which are kind of green on gas emissions it's a nice as advancement and feature

[magd 5231]

There are a lot of questions and ambiguities about this currency because it is present on the site Coingecko as a subject, but I did not see it on the famous platforms so that the level of promotional ads to it is very low I do not expect that it will achieve success in the cryptocurrency market

[tienda 8776]

There are a lot of coin who are listed on Coingecko, but are not listed in almost of website exchange platform. So will be better to check about that when you invest in a such cryptocurrencies. And I think Coingecko should delete inactive coins and dead coins from their platform.