Author

Topic: Litecoin dominates the CPU mining realm (Read 1383 times)

legendary
Activity: 1484
Merit: 1005
October 19, 2011, 11:15:35 PM
#8
12 hour later, sc2 is down another 30%.. Gg sc2
member
Activity: 112
Merit: 11
Hillariously voracious
October 19, 2011, 02:07:44 PM
#7
It looks like someone was able to mine a lot of LiteCoins at the beginning  Grin

Blasphemer!

Seize him! Wink
legendary
Activity: 889
Merit: 1000
Bitcoin calls me an Orphan
October 19, 2011, 12:15:01 PM
#6
Litecoin is being built up as a community effort. Not just one person holds the keys. There is many people working on making Litecoin that much better.
hero member
Activity: 756
Merit: 500
October 19, 2011, 12:13:06 PM
#5

Yours is number 2, thanks for your friendly and efficient pool, I like using it a lot.  Just looking forward to the merged mining.
vip
Activity: 980
Merit: 1001
October 19, 2011, 12:09:41 PM
#4
http://litecoin.kicks-ass.org/graphs/graphs.html  other has grown considerably
legendary
Activity: 1484
Merit: 1005
October 19, 2011, 12:00:25 PM
#3
It looks like someone was able to mine a lot of LiteCoins at the beginning  Grin
Shhhhhh.

Additionally, here are the USD prices in $2/BTC equivalents (mean of ask+buy):
tbx       0.006000 $      
fbx       0.000700 $         
sc       0.010000 $   
ltc       0.011570 $
full member
Activity: 168
Merit: 100
October 19, 2011, 11:54:21 AM
#2
It looks like someone was able to mine a lot of LiteCoins at the beginning  Grin
legendary
Activity: 1484
Merit: 1005
October 19, 2011, 11:38:29 AM
#1
         hash rate
tbx    0.00119                     
fbx    0.00011                     
sc    0.03689 (rapid crash in hash rate over the past few days and hash rate is 6-10x that of CPUs doing scrypt work for ltc/tbx so who knows the actual number of CPUs this represents)               
ltc    0.00407 (increase of 20% over the past few days)

For a while SC2 seemed at the top, but there has been a shift over the last 24-48 hours towards litecoin and a huge loss of hashing power for SC2.  It looks as if from here Litecoin will dominate (which is unsurprising: GPU "proof", tons of pools, open source, and deflationary).

In the same vein, the price of ltc has been moving up while sc2 has been falling.
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