Frequently Asked Questions

What are LiteCoins?

Litecoins are a virtual currency that can be used to buy and sell goods and services. All Litecoins exist purely online and don’t have a physical presence but despite that, they have a genuine value. This value is generally defined by online currency websites that trade in Litecoins and other virtual currencies.

Litecoins are created through the action of ‘Mining’ whereby computers solve increasingly difficult mathematical equations and in doing so are rewarded with Litecoins.

http://whatarelitecoins.com/

 

How will we mine LiteCoins?

We are purchasing three LiteCoin mining rigs specially designed to mine LiteCoins.  These rigs are the Innosilicon A4+ LTCMaster and are due to ship near the end of December 2017.

 

How do the shares work?

Every 2 weeks you will receive payout in LiteCoins to your LiteCoin wallet.  You will receive 1/30th of all the amount mined for every share you own.

 

What is a LiteCoin wallet?

LiteCoin wallets are places to keep digital currency.  For ease of use we recommend Coinbase for your digital currency wallet.  To create your wallet click here.

 

How do I get my wallet hash value?

We have created a step by step instruction page here.

 

Where do I update my wallet hash value?

Click on My Account in the top right corner, then on your user page click Edit.

Scroll down and you will see the text field to enter your wallet hash value.

 

How long will the miners run?

As long as they are profitable with a 6 month minimum.

 

What if I change my mind.  Can I get a refund?

As this is an investment there are no refunds.

 

What are LiteCoins predicted to be in X years?
Predictions are anyone's guess but this site seems to be the most accurate so far.
https://longforecast.com/litecoin-price-prediction-for-2018-2019-2020-2021-ltc-to-usd