Enjoy the cheap LTC while it lasts.
+1 well said burnside
Topic: Litecoin Drops In Mining Profitability (Read 2526 times)
+1 well said burnside
Enjoy the cheap LTC while it lasts.
Enjoy the cheap LTC while it lasts.
It's everytime that BTC ramps up people wanna hop on selling their LTC for BTC. That brings in the panic sellers and down we go.
Just wait till BTC stabilizes and LTC will go back up.
You can say that Litecoin prices are inversely proportional to Bitcoin volatility.
Just wait till BTC stabilizes and LTC will go back up.
You can say that Litecoin prices are inversely proportional to Bitcoin volatility.
Damn I never thought I'd find myself saying this but I agree
There are 800~900K constantly on the sell side @ btc-e, about 10% of total coins mined.
It's everytime that BTC ramps up people wanna hop on selling their LTC for BTC. That brings in the panic sellers and down we go.
Just wait till BTC stabilizes and LTC will go back up.
You can say that Litecoin prices are inversely proportional to Bitcoin volatility.
+1. Many LTC hoarders are cashing out via BTC. Just wait till BTC stabilizes and LTC will go back up.
You can say that Litecoin prices are inversely proportional to Bitcoin volatility.
It's everytime that BTC ramps up people wanna hop on selling their LTC for BTC. That brings in the panic sellers and down we go.
Just wait till BTC stabilizes and LTC will go back up.
You can say that Litecoin prices are inversely proportional to Bitcoin volatility.
Just wait till BTC stabilizes and LTC will go back up.
You can say that Litecoin prices are inversely proportional to Bitcoin volatility.
BTC: 450MH/s = 0.222BTC/day
LTC: .45MH/s = 43.391LTC/day = ~0.220BTC/day at last price
Speculators what are you thinking? The price will continue to drop? It will shoot up and you will make a lot? Just curious is all.
LTC: .45MH/s = 43.391LTC/day = ~0.220BTC/day at last price
Speculators what are you thinking? The price will continue to drop? It will shoot up and you will make a lot? Just curious is all.
It is even less than that the best I can get out of most of my machines is ~90% in Kh/s as compared to what it will do in Mh's mining BTC. Then you leave out the 5-15% I have measured for extra power used by mining LTC depending on the cards in the machine. In short most of the claims as to profitability are over estimated caused in part by the bad math so common around here..
BTC: 450MH/s = 0.222BTC/day
LTC: .45MH/s = 43.391LTC/day = ~0.220BTC/day at last price
Speculators what are you thinking? The price will continue to drop? It will shoot up and you will make a lot? Just curious is all.
LTC: .45MH/s = 43.391LTC/day = ~0.220BTC/day at last price
Speculators what are you thinking? The price will continue to drop? It will shoot up and you will make a lot? Just curious is all.
Jump to: