How does the free Litecoin miner works?
Through a browser-based script the free Litecoin miner uses your CPU for solving hashes to mine Monero (XMR). We then exchange the Monero mined by you to Litecoin and send the LTC to your wallet.
Our free Litecoin miner uses your CPU to mine XMR instead of Litecoin because to mine Monero you have to calculate hashes with an algorithm called Cryptonight. This algorithm is very compute heavy and was designed to run well on consumer CPUs making CPU mining of Litecoin more efficient than mining LTC directly.
How much can I earn with the free Litecoin miner?
Your earnings with the free Litecoin miner depend mainly on the CPU power of your device. The more powerful it is and the more Litecoin you will earn. If you have more devices, you can use them all to mine BTC using our free Litecoin mining system. Simply login from each of your devices using the same LTC address and start the Litecoin miner to increase your earnings.
The amount of Litecoin that you can earn will also vary from time to time depending on the Monero mining difficulty and on the Monero to Litecoin exchange rate. If Monero mining difficulty rises the number of hashes to solve to get 1 LTC will increase while if the Monero to Litecoin exchange rate rises the number of hashes to solve to get 1 LTC will decrease.
Can I use more than one Litecoin miner at the same time?
If you only have access to one computer or device it is not useful to use more than one free litecoin miner at the same time.
If you have access to more than one computer or device you can open the free LTC miner page on each of the computers and devices, login with the same LTC address and start the miner on all your computers and devices. In this way you will solve more hashes at the same time and earn more Litecoin.
Please, take into account that when the miners are working, in the “Stats” section of each browser window you will see the hash power and mined hashes of that single computer or device while the balance shown, that updates about every 5 minutes, is calculated for all the computers and devices together. So when the “Withdraw” button is enabled you can withdraw only from one computer or device. If you try to withdraw from all the devices only the first withdrawal started will be completed and the other will return an error. Please, don’t try to cheat our system as you may be banned also by faucethub.io, our payment provider.