Author

Topic: LITECOINS (Read 955 times)

hero member
Activity: 688
Merit: 506
CryptoCurrency Evangelist
April 29, 2013, 08:48:35 AM
#19
Check the pool list on github
_https://github.com/litecoin-project/litecoin/wiki/Comparison-of-mining-pools
Would not recomment notroll.in due to the recent issues.
P.S. - I recommend setting up failover one
newbie
Activity: 10
Merit: 0
April 29, 2013, 08:26:10 AM
#18
Could someone recommend good Litecoin pool?
newbie
Activity: 38
Merit: 0
April 29, 2013, 07:35:15 AM
#17
GPU are now better to mine LTCs regarding difficulty.
Still, if you're not really concerned about electricity rates, go on mining both on GPU & CPU !
newbie
Activity: 28
Merit: 0
April 29, 2013, 07:18:12 AM
#16
Is it worth it to use 16 core Opterons? or should I stick to GPU? What makes mining LTC harder than bitcoins?
I heard that the mining of litecoin not go well with the gpu
sr. member
Activity: 249
Merit: 250
April 29, 2013, 07:00:19 AM
#15
I'd even look into mining feathercoins.

It's the same algorithm and rig-setup as litecoin, but the profitability is better at the moment.

They're a bit harder to sell but you can trade them for litecoins here:
http://cryptonit.net/exchange/ltc/ftc

Profitability:
http://www.coinchoose.com/

A lot of people think that when MtGox adds litecoin support the price is going to go up a lot; so I'd maybe mine feathercoins and swap some of them for litecoins.
newbie
Activity: 8
Merit: 0
April 28, 2013, 08:43:35 PM
#14
get 6+ 7970's, that'll do the trick
newbie
Activity: 28
Merit: 0
April 28, 2013, 08:27:27 PM
#13
Sorry to hijack, but assuming I don't have to pay for electricity, is it more efficient to mine bitcoins or litecoins with a Radeon Mobility HD 5870?



From what I hear, mining with a laptop will burn it out really fast due to lack of airflow on heavy duty work. Best setting up a desktop rig with decent cooling and airflow.

I'm just doing it on the side mainly. Keeping it on in the night hours for a buck a day, so hopefully I won't burn anything out too quick. Thanks for the advice though.
newbie
Activity: 46
Merit: 0
April 28, 2013, 08:20:46 PM
#12
If power is free then there's no real reason not to unless you have to pay for the wear and tear on the other system components.  You can plug your hashrate into one of the many Litecoin calculators and see what your earning potential is.  It may be worth it just for curiosity.
newbie
Activity: 39
Merit: 0
April 28, 2013, 07:48:51 PM
#11
Sorry to hijack, but assuming I don't have to pay for electricity, is it more efficient to mine bitcoins or litecoins with a Radeon Mobility HD 5870?



From what I hear, mining with a laptop will burn it out really fast due to lack of airflow on heavy duty work. Best setting up a desktop rig with decent cooling and airflow.
newbie
Activity: 9
Merit: 0
April 28, 2013, 07:33:35 PM
#10
no enough for the power Grin
sr. member
Activity: 448
Merit: 250
April 28, 2013, 07:24:46 PM
#9
Litecoins are awesome. I just got into them myself and am a big fan.
newbie
Activity: 5
Merit: 0
April 28, 2013, 07:21:33 PM
#8
Sorry to hijack, but assuming I don't have to pay for electricity, is it more efficient to mine bitcoins or litecoins with a Radeon Mobility HD 5870?



it is probably better to go to litecoins at the current time due to you only pulling a very low hash rate, you will see barely any progress with bitcoins at current difficulty
newbie
Activity: 28
Merit: 0
April 28, 2013, 07:11:23 PM
#7
Sorry to hijack, but assuming I don't have to pay for electricity, is it more efficient to mine bitcoins or litecoins with a Radeon Mobility HD 5870?

newbie
Activity: 5
Merit: 0
April 28, 2013, 07:09:27 PM
#6
Yeah don't even bother mining with CPUs alone its really not worth the money.
newbie
Activity: 15
Merit: 0
April 28, 2013, 07:08:08 PM
#5
I tried mining with am i5 3570k and got a pitiful 22khash/s.. wouldn't reccomend it personally.. GPU is the way to go here.
sr. member
Activity: 448
Merit: 250
April 28, 2013, 06:21:04 PM
#4
only if you aren't paying for power.
sr. member
Activity: 249
Merit: 250
April 28, 2013, 06:19:32 PM
#3
What makes mining LTC harder than bitcoins?

LTC uses the scrypt algorithm, where as bitcoin and most other cryptos use SHA-256.
www.tarsnap.com/scrypt/scrypt.pdf
legendary
Activity: 1268
Merit: 1009
April 28, 2013, 06:05:12 PM
#2
You will be losing money by mining with those processors.  They wont produce many coins, but they will cost you a lot in electricity.
sr. member
Activity: 392
Merit: 250
April 28, 2013, 05:53:51 PM
#1
Is it worth it to use 16 core Opterons? or should I stick to GPU? What makes mining LTC harder than bitcoins?
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