First things. If you’ve gotten those variables figured out, there are good guides available online and helpful forums for when search engines fail you. Use the links in the table below to skip to a section. Investing in cryptocurrencies and other Initial Coin Offerings «ICOs» is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained. As of the date, this article was written, the core mining best money making has no position in litecoin or any other cryptocurrency. Skip to top. In proof-of-work cryptocurrencies like bitcoin and litecoin, mining is the process by which the blockchain — a distributed ledger of all transactions ever m...