Luxxfolio Company
CSE: LUXX OTCQB: LUXFF FSE: LUH0

WHY LITECOIN

Digital money, built to move.

Litecoin is an open-source Proof-of-Work network built around fast blocks, low-cost settlement and a finite supply. It is the network Luxxfolio mines, accumulates and builds around.

2011Network launched
≈ 2.5 minBlock target
84M LTCMaximum supply

LIVE NETWORK

Litecoin,
right now.

Four direct measures of the Litecoin network, refreshed automatically. No token price, no market prediction—just the chain itself.

2.57 PH/s

Network hash rate

24-hour estimate

3,159,204

Block height

Latest processed block

77.49M LTC

In circulation

Maximum 84M LTC

168,736

Transactions

Last 24 hours

Live network data · Updated Aug 13, 2026 · 1:34 AM PDT · Source: Blockchair

01 / PROVEN

Operating since 2011.

Litecoin is one of the longest-running public blockchain networks. Its open-source code, transaction history and monetary rules can be independently verified.

02 / FAST

A block every 2.5 minutes.

Litecoin targets blocks approximately four times faster than Bitcoin, supporting quicker confirmation intervals for transfers and payments.

03 / FINITE

84 million. Maximum.

Litecoin follows a transparent issuance schedule with a fixed maximum supply. New LTC is earned through mining rather than issued by a central operator.

04 / OPEN

Public infrastructure.

Anyone can run software, verify the ledger, hold LTC or send value over the network. Participation is governed by protocol rules, not membership.

DIGITAL SILVER

Familiar principles.
Different parameters.

Litecoin is often described as digital silver to Bitcoin’s digital gold. The phrase is shorthand: both are finite Proof-of-Work networks, built with different settlement and mining parameters.

Launch
Mining
Block target
Maximum supply
NetworkBitcoin
2009
SHA-256Proof-of-Work
≈10 minutes
21 million BTC
NetworkLitecoin
2011
ScryptProof-of-Work
≈ 2.5 minutes
84 million LTC

REAL-WORLD UTILITY

Built for settlement.

01

Fast confirmation intervals

A 2.5-minute block target gives users and payment providers a quicker rhythm for transaction confirmations than networks with longer block intervals.

02

Low-cost transfers

Litecoin has long been used to move value with low transaction fees. Actual fees vary with transaction size, wallet settings and network conditions.

03

Open global access

Litecoin is peer-to-peer infrastructure. A wallet and an internet connection are enough to receive, hold or send LTC without opening an account with the network.

WHY MINING MATTERS

Physical work.
Digital security.

Proof-of-Work turns energy, specialized machines and operating discipline into transaction validation, network security and newly issued Litecoin.

Rows of purpose-built Scrypt mining machines in an industrial facility
Purpose-built Scrypt mining infrastructure
01 / POWER

Energy enters

Electricity runs purpose-built mining infrastructure.

02 / COMPUTE

Scrypt work

Specialized hardware performs the network’s computation.

03 / SECURITY

Blocks extend

Miners validate transactions and add new blocks to the chain.

04 / OUTPUT

LTC is earned

Successful mining work receives block rewards and transaction fees.

THE SCRYPT ECOSYSTEM

One mining stack. More than one network.

Litecoin uses Scrypt rather than Bitcoin’s SHA-256 algorithm. Scrypt has its own specialized hardware and operating ecosystem. Through merged mining, compatible networks—including Litecoin and Dogecoin—can be secured with the same underlying work, allowing miners to receive rewards from more than one chain without duplicating the energy used for the computation.

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WHY LUXXFOLIO CHOSE LITECOIN

Exposure through production.

Luxxfolio does more than purchase Litecoin. We operate the Scrypt infrastructure that helps secure the network and produces newly issued LTC. The result is a mining-first strategy that connects fleet performance, energy economics and operational execution directly to treasury growth.

Efficient operationsMining performance begins with disciplined power and operating costs.
Purpose-built infrastructureScrypt mining creates direct exposure to Litecoin production.
Treasury growthNewly mined LTC can strengthen long-term Litecoin exposure per share.

LITECOIN FAQ

Start with the fundamentals.

What is Litecoin?

Litecoin is an open-source, peer-to-peer digital currency launched in 2011. Its network uses Proof-of-Work to process transactions, issue new LTC and maintain a public blockchain without a central operator.

How is Litecoin different from Bitcoin?

Litecoin shares Bitcoin’s fixed-supply and Proof-of-Work principles, but uses the Scrypt mining algorithm, targets blocks approximately every 2.5 minutes and has a maximum supply of 84 million LTC.

How fast are Litecoin transactions?

Litecoin targets a new block approximately every 2.5 minutes. Final settlement time depends on how many confirmations a recipient requires and current network conditions.

Why does Litecoin use Scrypt mining?

Scrypt gives Litecoin a specialized Proof-of-Work mining ecosystem distinct from Bitcoin’s SHA-256 network. Purpose-built Scrypt hardware performs the computation used to validate transactions and extend the chain.

How does Luxxfolio participate in Litecoin?

Luxxfolio operates Scrypt mining infrastructure that helps secure the Litecoin network and earns newly issued LTC. The company’s mining-first strategy connects operating performance with long-term Litecoin treasury growth.

Network characteristics are protocol targets; fees and confirmation times can vary.Primary references: Litecoin.org · Litecoin Core · Learning Center

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