Despite the fact that Litecoin equated to gold, they are still mined! Everything is like natural resources. For what would need to extract the gold explorers, geologists, heavy machinery, dynamite and hundreds of men, but for what used to produce our cryptocurrency need computers and more powerful, the better.
The process of mining Mining Litecoin called from the English. Mining, which literally translates as mining and quarrying. Mining Litecoin is like gold mining from a very deep shaft. The so-called mine litecoin, a special protocol, controlling their production, it can be represented as a single long strand of gold, leaving deep into the ground. The lower you go down, the harder it becomes rock around and the harder it becomes rock, the stronger the need for a computer litecoin of mining. These computers will solve the big problem of cryptography to find new blocks and add them to the overall chain. Everywhere it is the same - a scarce resource is issued in exchange for the investment of labor and costs.