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The process of creating new litecoin is called litecoin mining. litecoin is a cryptocurrency based on the digital cryptography, that is why litecoin is not available in any bank or in physical form that you can touch and feel. The process of mining is solving complex mathematical problems and creates one block added to the distributed like Blockchain. The blockchain holds all the past transactions records, no record will be deleted. The main part is that litecoin is 100% decentralized currency. It is not controlled or owned by anyone. The mining is done with the help of the SHA-256 algorithm so, it is secure. litecoinMine.biz together all mining enthusiastic to one mining datacentre and give freedom of cloud mining to the remote data centers without any maintenance fees. Sign up & get your free mining spot right now.
