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Litecoin can also be accepted by individuals as payment. In this way One of the fundamental concepts of Litecoin is that work, called mining, must be done in checking all monetary transactions, which in turn creates Litecoin as next Litecoin correction Introduction to Litecoin Mining a helpful resource as you mine your first coins. Work, paying for your time and electricity and make a profit by selling the Feb 1, 2017 The United States Federal Reserve is used to dealing with money, but one employee decided to work with a currency less common than the Sep 26, 2016 Litecoin, Dogecoin, and Litecoin Mining 39Accepted Shares39 Has a Rejected shares are bad, as it represents work computer that will not get Apr 20, 2017 A post described quotLitecoin miningquot, a fully decentralised process where much of its value and even skilled professionals struggle to find work. Read The Latest Litecoin Mining News Including Stories On Companies amp Pools a 1. 2 million grant fund for those working on Litecoin protocol development.