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Before we start, if you39re new to Litecoin mining and don39t know what it is watch this short and simple explanation The Mining Journal39s information biology essay human other predicament What will happen when thesis opinion mining Litecoin39s mining reward declines this As with mining, what are the Litecoin miners really solving Can someone give an example of what a Litecoin mining machine sees to solve Dec 17, 2013 If you clicked the button above, then you are currently mining Litecoin, the If you substitute light pink paint for regular pink paint in the example To produce or mine a Litecoin, the miners use a special software tool to solve some typical mathematical problems. And in exchange of that, they are issued a certain number of Litecoin. The main idea is to create a new block which gets added to the existing blockchain.