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Topic: Free Litecoin (Read 1762 times)

newbie
Activity: 14
Merit: 0
April 07, 2013, 03:01:35 PM
#22
Geez...

It really sucks being late to the party. It was very generous for them to give out so much Litecoin, though. 235 LTC is a lot!
newbie
Activity: 14
Merit: 0
April 07, 2013, 02:21:05 PM
#21
ended before I could participate Sad it's difficult to get LTC now and not as easy as BTC which can be bough from tons of legit exchangers.

Just buy BTC and convert to LTC. You pay some fee.
newbie
Activity: 28
Merit: 0
April 07, 2013, 01:23:47 PM
#20
how much did he give out?
sr. member
Activity: 392
Merit: 250
April 07, 2013, 01:09:16 PM
#19
yes, too late
newbie
Activity: 14
Merit: 0
April 07, 2013, 01:08:17 PM
#18
Wow, that ended so fast
newbie
Activity: 11
Merit: 0
April 05, 2013, 04:29:42 PM
#17
Pretty amazing that he did such a thing though, he could have spent it on blackjack and hookers
hero member
Activity: 574
Merit: 500
April 05, 2013, 03:29:20 PM
#16
ended before I could participate Sad it's difficult to get LTC now and not as easy as BTC which can be bough from tons of legit exchangers.
che
newbie
Activity: 5
Merit: 0
April 05, 2013, 02:37:45 PM
#15
aww i missed it.
newbie
Activity: 2
Merit: 0
April 05, 2013, 02:10:58 PM
#14
ended :/ lol
full member
Activity: 221
Merit: 100
March 20, 2013, 01:58:09 PM
#12
Does anybody know if you can mine litecoins with an AVALON asic miner?
Thanks

no

Ok, can I get an answer as to why that might be or a link to an article explaining why/how come that's not possible?

ASIC means application specific integrated circuit. That is a chip designed for a specific application and nothing else whatsoever. In the case of the Avalon ASICs they are designed to hash SHA-1 and NOTHING else. LTC is based on an entirely different hashing algorithm, hence Avalon ASICs cannot mine LTC.
member
Activity: 100
Merit: 10
March 20, 2013, 01:48:07 PM
#11
Worried that sending out my address to someone is a security risk.  They will be able to associate my wallet with my username.

How about having multiple addresses? Using another address for other transfers and so on.
newbie
Activity: 4
Merit: 0
March 20, 2013, 01:28:42 PM
#10
Does anybody know if you can mine litecoins with an AVALON asic miner?
Thanks

Litecoin mining requires a lot of memory to function properly. To my knowledge Avalon ASIC has little memory because it is designed for bitcoin mining that requires little of it.
sr. member
Activity: 251
Merit: 250
Bitties
March 20, 2013, 12:16:25 PM
#9
Cannot post in there... Sad Sent you a PM regarding my info and what not
hero member
Activity: 752
Merit: 500
bitcoin hodler
March 20, 2013, 05:20:47 AM
#8
Does anybody know if you can mine litecoins with an AVALON asic miner?
Thanks

no
newbie
Activity: 35
Merit: 0
March 20, 2013, 05:12:56 AM
#7
Interesting !
newbie
Activity: 33
Merit: 0
March 20, 2013, 04:34:09 AM
#6
Great thing. Thank you for doing this. Sadly I have been a lurker for the past couple days and can not post yet. Sad
hero member
Activity: 826
Merit: 500
Crypto Somnium
March 20, 2013, 04:29:36 AM
#5
Kool guys  Wink
newbie
Activity: 4
Merit: 0
March 19, 2013, 06:19:32 PM
#4
Same here!!
sr. member
Activity: 349
Merit: 250
March 19, 2013, 07:52:45 AM
#3
Just posted there... Thanks a bunch  Cheesy
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