Topic: Litecoin Questions (Read 1421 times)
Coinotron here http://coinotron.com/coinotron/AccountServlet?action=home has profitability ratios which I found helpful at times.
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- why is it better to mine Litecoins than Bitcoins if you only can use a CPU?
Because you mine litecoin and sell them for bitcoins. You gain much more bitcoin in that way than directly mining bitcoin with a CPUQuote
- what is the Litecoin to Bitcoin exchange rate (or where could I find it?)
One exchange is https://vircurex.com/ , you can check the price there
litecoin uses scrypt instead of sha-2. this algorithm is suited for cpu and not gpu.
here is an exchange: https://btc-e.com/exchange/ltc_btc
here is an exchange: https://btc-e.com/exchange/ltc_btc
I saw in a thread (I forget which...) that it is more profitable to CPU mine for Litecoin than Bitcoin. Seeing as I don't have a mining GPU yet, I put on the Litecoin miner overnight to give it a shot, but I have a couple questions:
- why is it better to mine Litecoins than Bitcoins if you only can use a CPU?
- what is the Litecoin to Bitcoin exchange rate (or where could I find it?)
Answers would be appreciated.
- why is it better to mine Litecoins than Bitcoins if you only can use a CPU?
- what is the Litecoin to Bitcoin exchange rate (or where could I find it?)
Answers would be appreciated.
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