Topic: GPU farms moving over to Litecoin - page 2. (Read 10395 times)
how is the market currently on LTC? is it still on the up rising?
Once ASICs are out, and mining bitcoins as an amateur is no longer an option, I will most definitely be going to litecoin
What happens if BTC Value goes up and the difficulty of the litecoin network goes to the moon?
despite the wishes of the masses I do not see Litecoin being the GPU miners saviour
I really hope to be wrong.... but dont expect to be.
Limited use? Bitcoin had limited use upon its creation as well. All it takes is time, there's already projects being developed for LTC and it will continue to grow.
if anyone is currently mining litecoin, shouldn't they tell everyone it sucks, it doesn't work, and it doesn't exist and is actually just a myth? 
Then less people will mine, lol.
what like people buying asics are? Then less people will mine, lol.So true!
Litecoin does suck! Waste of time!
ASICs are a fairytale people!
Just how crazy is it going to get? Anyone starting early on the Litecoin switch over?
pretty crazy I thinka week ago network hashrate was in the 300Mh/s range, right now 798Mh/s. ppl are definitely moving over
not sure what is causing the high price - cant see it sustainable atm tho. People flooding on to mine and convert straight to BTC will put severe pressure on LTC price.
my 0.0002LTC worth
if anyone is currently mining litecoin, shouldn't they tell everyone it sucks, it doesn't work, and it doesn't exist and is actually just a myth? Then less people will mine, lol.
what like people buying asics are? Then less people will mine, lol. 
if anyone is currently mining litecoin, shouldn't they tell everyone it sucks, it doesn't work, and it doesn't exist and is actually just a myth? Then less people will mine, lol.
Then less people will mine, lol. Once ASICs are out, and mining bitcoins as an amateur is no longer an option, I will most definitely be going to litecoin
What happens if BTC Value goes up and the difficulty of the litecoin network goes to the moon?
despite the wishes of the masses I do not see Litecoin being the GPU miners saviour
I really hope to be wrong.... but dont expect to be.
Once ASICs are out, and mining bitcoins as an amateur is no longer an option, I will most definitely be going to litecoin
What happens if BTC Value goes up and the difficulty of the litecoin network goes to the moon?
I am stuck in the Bitcoin ecosystem until something better comes along. I am waiting for GaussCoin
Once ASICs are out, and mining bitcoins as an amateur is no longer an option, I will most definitely be going to litecoin
What happens if BTC Value goes up and the difficulty of the litecoin network goes to the moon?
Once ASICs are out, and mining bitcoins as an amateur is no longer an option, I will most definitely be going to litecoin
Speculation. Expect a rise and then a crash and then a correction...
Just how crazy is it going to get? Anyone starting early on the Litecoin switch over?
pretty crazy I thinka week ago network hashrate was in the 300Mh/s range, right now 798Mh/s. ppl are definitely moving over
not sure what is causing the high price - cant see it sustainable atm tho. People flooding on to mine and convert straight to BTC will put severe pressure on LTC price.
my 0.0002LTC worth
Litecoin mining seems to consume more electricity than bitcoin mining however, for me.
It will. BTC mining responds positively to underclocking the RAM, which saves power and heat, and sometimes even gives better performances. All of these are not true for LTC mining.
Litecoin mining seems to consume more electricity than bitcoin mining however, for me.
I'll probably switch when ASICs come out as well. Litecoin's value is also rising too which is good.
I'll probably switch when ASICs come out as well. Litecoin's value is also rising too which is good.
I dont have a huge capability compared to a farm, but I am moving my 3 * 6770s + 10 * CPU cores over to LTC this week. I have 2 FPGAs that will remain mining BTC.
Also busy building a 800W wind turbine and integrating the storage and a synchronised inverter so to have $0.00kW/hr after payback. Total set up cost me <$150 from scrap parts (windmill, battery + inverter).
Also busy building a 800W wind turbine and integrating the storage and a synchronised inverter so to have $0.00kW/hr after payback. Total set up cost me <$150 from scrap parts (windmill, battery + inverter).
Hey, where did you get the scraps for the windmill? looks like a neat project.
I dont have a huge capability compared to a farm, but I am moving my 3 * 6770s + 10 * CPU cores over to LTC this week. I have 2 FPGAs that will remain mining BTC.
Also busy building a 800W wind turbine and integrating the storage and a synchronised inverter so to have $0.00kW/hr after payback. Total set up cost me <$150 from scrap parts (windmill, battery + inverter).
Also busy building a 800W wind turbine and integrating the storage and a synchronised inverter so to have $0.00kW/hr after payback. Total set up cost me <$150 from scrap parts (windmill, battery + inverter).
How do you mine Litecoins with GPUs? Which software do you use?
edit: (I need one for Windoze)
edit: (I need one for Windoze)
I use cgminer 2.6.4 currently, compiled with scrypt option enabled. My farm is using BAMT 0.5c. More details here:
http://forum.litecoin.net/index.php/topic,651.0.html
As for Windows, I don't mine using that OS but this section has many useful guides:
http://forum.litecoin.net/index.php/board,45.0.html
Thank you very much. This is enlightening. The gap is closing fast with the LTC diff rising quickly
Mmm, don't think it will stay that way. The gap moves A LOT, sometimes by the hour. Remember that this gap is dependent on:
-Bitcoin difficulty
-Bitcoin price
-Litecoin difficulty
-Litecoin price
If one of theses 4 variables move, the gap changes.
Difficulty will increase to more than 22 in some minutes, while current is 16.01 and before was 14, and I remmber you that in LTC new difficulty is calculated every 3.5 days by average.
So in less that a month Litecoin diff has double and the price too.
Regards
So in less that a month Litecoin diff has double and the price too.
Regards
Another reason Litecoin lacks the "stable" factor to be used as a store of value and be used in everyday transactions. IMHO it's a fun crypto-c to speculate and gamble with.
Difficulty will increase to more than 22 in some minutes, while current is 16.01 and before was 14, and I remmber you that in LTC new difficulty is calculated every 3.5 days by average.
So in less that a month Litecoin diff has double and the price too.
Regards
So in less that a month Litecoin diff has double and the price too.
Regards
Jump to: