[ANN] Litecoin - a lite version of Bitcoin. Launched! - page 320.

Greedi

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LitecoinTalk

Quote from: coblee on August 05, 2012, 10:24:37 PM

We now have an official litecoin forum: http://forum.litecoin.net/
I'm hoping the new forum will be a more productive place to discuss everything related to Litecoin. Trolling will be kept at a minimum.
If you haven't already, please go register and use the same username if possible.

I also hope to see some more users/post/topic on there

coblee

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Creator of Litecoin. Cryptocurrency enthusiast.

We now have an official litecoin forum: http://forum.litecoin.net/
I'm hoping the new forum will be a more productive place to discuss everything related to Litecoin. Trolling will be kept at a minimum.
If you haven't already, please go register and use the same username if possible.

Greedi

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LitecoinTalk

Quote from: bigasic on August 05, 2012, 01:45:07 PM

Thank you for the answer. It looks like when the Asic is developed by BFL, most of the GPU miners will start using their machines to mine litecoins (once mining bitcoin becomes unprofitable).. That would be interesting. It may give a boost to the litecoin...

lets now just wait and see if the ASIC will come out, i don't think it will

bigasic

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Thank you for the answer. It looks like when the Asic is developed by BFL, most of the GPU miners will start using their machines to mine litecoins (once mining bitcoin becomes unprofitable).. That would be interesting. It may give a boost to the litecoin...

Gladamas

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Bitcoin today is what the internet was in 1998.

Quote from: bigasic on August 05, 2012, 11:08:42 AM

Sorry for my newbiesness, but can litecoin be mined with a bitcoin (asic) machine? Or would the ASIC have to be coded for litecoin or would litecoin mining just need a new program to run the asic? or is litecoin just for cpu's?

Thanks for putting up with the simple question.

Any question is welcome here, thanks for asking!

Bitcoin ASIC machines (like the ones Butterfly Labs is making) can only be used for solving hashes of the form: sha256(sha256(seed)). Litecoin uses a different mining algorithm, so Bitcoin ASICs cannot mine Litecoins. A new ASIC would have to be developed with different hard-coded circuits to be able to mine Litecoins.

Litecoin can now be mined on GPUs (https://bitcointalksearch.org/topic/attn-litecoin-gpu-miners-scrypt-support-for-cgminer-92887) and CPUs (https://bitcointalksearch.org/topic/an-even-more-optimized-version-of-cpuminer-poolers-cpuminer-cpu-only-55038). GPUs can mine Litecoins much faster than a CPU can.

bigasic

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Sorry for my newbiesness, but can litecoin be mined with a bitcoin (asic) machine? Or would the ASIC have to be coded for litecoin or would litecoin mining just need a new program to run the asic? or is litecoin just for cpu's?

Thanks for putting up with the simple question.

SebastianJu

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Quote from: crosby on August 02, 2012, 02:14:28 PM

Laptop mining ? Noooooo. You risk burning up your equipment for a few measly coins

Thats not a so big problem. The notebook is old and a replacementcard would be cheap. On top the gpu is downvolted by me for a lower temperature and overclocked. So while mining i dont get temperature over 78°C. And now im good at working on notebooks. I replaced gpu with a faster one and even was able to change the motherboard, and that isnt an so easy task. So i dont fear to lose the card. Its running anyway so i can try to get a bit for the free power. Wink

SebastianJu

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Quote from: rTech on August 02, 2012, 01:27:43 PM

Mine litecoins at some PPS pool, its best profit for you.. dont even try solomine

But theoretically there shouldnt be a difference. I mean when when i mine 1.000.000 hours solo and mine 1.000.000 hours at a zero-fee pool i should have made the same amount of litecoins, dont you think? So when i would poolmine, i would see a very slow growing, when i would solomine, it would be some kind of lotto, where i could win some litecoins when im lucky. Am i right or is there something other i dont know or thought of?

burnside

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Lead Blockchain Developer

Quote from: rTech on August 02, 2012, 01:27:43 PM

Mine litecoins at some PPS pool, its best profit for you.. dont even try solomine

+1

If you're mining part time, PPS is the way to go.

If you're mining full time, PPLNS will usually pay a few percent higher.

btharper

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Quote from: rTech on August 02, 2012, 01:27:43 PM

Mine litecoins at some PPS pool, its best profit for you.. dont even try solomine

You'll definitely want to use some sort of pool. I'd personally argue for P2Pool, whatever you mine is mined directly to your own wallet. After 120 confirmations (network rule) they're there sitting in your wallet when you want them; no downtime, no waiting, no minimum payout, etc. If you're up for setting up your own node that's one way, or there's a list of public P2Pool nodes here and a list of public LTC P2Pool nodes here

crosby

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#RIP freemoney

Quote from: SebastianJu on August 02, 2012, 12:35:41 PM

Yes, that would be best when i would really go after mining. But i only are 3 days a week away for 7 hours and there i cant do much more than using my notebook. The power is free and so i thought i could try to play a kind of lotto and solomine bitcoins/litecoins. In my notebook i cant implement a faster gpu because of the space. I already replaced the 8600m gt with the 9600m gt some time ago.

So what i want to do is only use the time and free power there. Maybe im lucky and get some coins.

Laptop mining ? Noooooo. You risk burning up your equipment for a few measly coins

rTech

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Trust but confirm!

Mine litecoins at some PPS pool, its best profit for you.. dont even try solomine

SebastianJu

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Yes, that would be best when i would really go after mining. But i only are 3 days a week away for 7 hours and there i cant do much more than using my notebook. The power is free and so i thought i could try to play a kind of lotto and solomine bitcoins/litecoins. In my notebook i cant implement a faster gpu because of the space. I already replaced the 8600m gt with the 9600m gt some time ago.

So what i want to do is only use the time and free power there. Maybe im lucky and get some coins.

crosby

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#RIP freemoney

Quote from: SebastianJu on August 02, 2012, 11:02:17 AM

Thanks burnside... at the moment i can mine litecoins with cpu and gpu. But im a bit disappointed that mining with my 9600m gt only gives 0.6KH/s while using 50% of my cpu too. When i only use my cpu for mining i get 6.9KH/s. Thats a bit disappointing.

So now i have the choice to mine litecoins alone at 7kh/s with cpu. Or mine bitcoins (or other) at 6.9MH/s or mining litecoins at 6.4kh/s and bitcoins at 2.4MH/s. Whats best? Or should i mine other currencies?

Might I suggest, buy a used video card is best.

SebastianJu

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Thanks burnside... at the moment i can mine litecoins with cpu and gpu. But im a bit disappointed that mining with my 9600m gt only gives 0.6KH/s while using 50% of my cpu too. When i only use my cpu for mining i get 6.9KH/s. Thats a bit disappointing.

So now i have the choice to mine litecoins alone at 7kh/s with cpu. Or mine bitcoins (or other) at 6.9MH/s or mining litecoins at 6.4kh/s and bitcoins at 2.4MH/s. Whats best? Or should i mine other currencies?

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: doublec on July 31, 2012, 09:50:28 AM

Quote from: bitlane on July 31, 2012, 09:33:31 AM

Anyone ?

Something like:

Code:

litecoind listtransactions "" 1000|egrep -A3 'immature|generate'

You may want to update your signature to add litecoins DoubleC.

doublec

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Quote from: bitlane on July 31, 2012, 09:33:31 AM

Anyone ?

Something like:

Code:

litecoind listtransactions "" 1000|egrep -A3 'immature|generate'

bitlane

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I heart thebaron

Quote from: bitlane on July 30, 2012, 06:45:13 PM

Is there any way to query the API for transaction categories ? ($bitcoin->listtransactions->category)

I want to display an array of either IMMATURE or GENERATE blocks in my WebMonitor App from Solo Mining and I have literally exhausted EVERY option that I can think of, only to fail.

I have been over the Bitcoin API Docs from top to bottom...and unless I missed something, I simply can NOT find anything that will work, as I have tried everything.

Any ideas ?

Anyone ?

bitlane

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I heart thebaron

Is there any way to query the API for transaction categories ? ($bitcoin->listtransactions->category)

I want to display an array of either IMMATURE or GENERATE blocks in my WebMonitor App from Solo Mining and I have literally exhausted EVERY option that I can think of, only to fail.

I have been over the Bitcoin API Docs from top to bottom...and unless I missed something, I simply can NOT find anything that will work, as I have tried everything.

Any ideas ?

Gladamas

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Bitcoin today is what the internet was in 1998.

Quote from: dw_bc on July 29, 2012, 08:58:54 PM

I try to use Official Litecoin Wallet, but when I want to send LTC my transaction fee is 1.0 LTC !!

How can I get a lower fee? I already try to change in option, but remains the same.

Thanks

You must have a lot of small inputs going into that transaction.

Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 320. (Read 1467253 times)