Topic: BTC = Gold, LTC = Silver? - page 2. (Read 1051 times)
It's possible that LTC will become more popular and therefore your current mining efforts will be profitable, but it's certainly hard to say. Any virtual currency mining, including BTC, is a risky economic venture.
Once ASIC becomes a staple in any serious miner's business, I would expect LTC to be the coin mined by hobbyists. I don't see why not; it's still profitable to mine BTC if you already have the equipment, but that's going to change in the future.
Bitcoins have been around for a few years and with the recent spike, it looks like everyone is getting on the mining train. I think this will help raise the price of BTC, but do you think LTC will survive and last? Due to how hard it is now to mine BTC, I've moved to LTC in hopes of keeping some LTC and selling in a few years.
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