What’s the algorithm for digging Litecoin (is it illegal to dig Litecoin)
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What algorithm is used to dig Litecoin? According to cryptonews, what is the mining algorithm for Litecoin? The main Cryptocurrency are LTC and ZEC. What algorithm is used to dig Litecoin? What is the difficulty in adjusting the method of digging Litecoin? Before digging Litecoin, we should consider the following two issues: 1. Whether we need to use some special methods to reduce risks; 2. How to ensure that Litecoin is not stolen by anyone? If there are not enough technical conditions for secure storage for a long time, it will result in Bitcoin not working properly
Is it illegal to dig Litecoin. It is reported that after the LTC node and transfer service are run on the Bitcoin network, the Litecoin received by the user will be converted into RMB for payment, thus generating revenue; If the user’s Litecoin is transferred to other places or uses other devices or platforms, fines and criminal penalties will be triggered. Therefore, at present, there are certain regulatory risks in China for the problem of obtaining profits by digging coins, but does this not mean that digging Litecoin is illegal?
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It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
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