Golden rule: If it looks too good to be true, it’s a trap.
However, the landscape has changed. As Litecoin’s network difficulty skyrocketed, individual home mining became obsolete. The rise of Application-Specific Integrated Circuits (ASICs) for Scrypt (such as the Antminer L7 series) pushed hobbyists out of the game. ltc mining cloud
Instead of buying $1,000 worth of Litecoin instantly (exposing yourself to immediate market volatility), you spend that money on a mining contract. Over the course of two years, that contract generates a stream of Litecoin. If the price of LTC skyrockets during your contract, your daily payouts become more valuable in fiat terms. If the price dips, you are still accumulating coins, potentially buying "low" through the mining process without the emotional stress of trading. Golden rule: If it looks too good to be true, it’s a trap