After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware. Mining difficulty is recalculated every block, using Evan Duffield's proven DarkGravity V3 for more predictable block times as well as network protection from multipool hopping. To prevent early dominant miners from having an unfair advantage, block rewards scaled up linearly over the first 2000 blocks.
Soon, a brand new method of mining will be added to Litecoin Cash.
The Hive, our agent-based mining proposal, requires no specialised hardware; any desktop PC is fine. It's centered around the concept of worker bees, which can be created by any LCC holder, who then becomes a beekeeper.
Once mature, worker bees have a finite lifespan during which they live inside the blockchain and help to secure it by minting blocks. Beekeepers will earn rewards whenever one of their bees mints a block.
Litecoin Cash premine - about 0.65% of total money supply was premined for the developers ~ 5,46 mln coins.
Litecoin Cash (LCC) is a cryptocurrency or a form of digital asset. Litecoin Cash (LCC) price for today is $0,007648 with a 24-hour trading volume of $6,283