Litecoin Cash Price, News and Analysis (LCC)

Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware.It’s also the world’s first blockchain to utilize HiveMine. The Hive, agent-based mining system, requires no specialised hardware.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. (Description provided by CryptoCompare)

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Litecoin Cash.

Litecoin Cash produces its own wallet software that is available for download on its website, which allows you to store Litecoin Cash on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Litecoin Cash (LCC) is currently worth $0.04 on major cryptocurrency exchanges. You can also exchange one Litecoin Cash for 0.00000092 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Litecoin Cash in U.S. dollars is $30.10 million.

Litecoin Cash is a PoW + Hive coin that uses the SHA256 algorithm.

Litecoin Cash and other SHA256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

The following coins use the same hashing algorithm (SHA256) as Litecoin Cash: XinFin Network, Mixin, Fusion, RSK Smart Bitcoin, Measurable Data Token, Safe Haven, Bean Cash, Bitcoin Atom, TigerCash, Qbao, Manna, Alt.Estate token, Sakura Bloom, BitCoen and EDRCoin.

The official Reddit community (subreddit) for Litecoin Cash is r/LCCofficial.