Topic: Mining LTC or other altcoins? (Read 499 times)
Any other opinion?
I like PrimeCoin. it's neither SHA nor scrypt. I can CPU mine it and it serves a long-term purpose.
But it's not profitable like others.
As i said, I have doubts about litecoin and other new-coins that can be mined on multipools.
I like PrimeCoin. it's neither SHA nor scrypt. I can CPU mine it and it serves a long-term purpose.
Why not mine the most profitable coin, and sell them on an exchange for LTC?
I need to have an income to pay my power & hardware bill.
The answer is different depending on whether you want to:
a) Mine a specific coin and keep those coins, hoping they will increase in value
b) Mine a coin in order to convert them to another coin, eg Bitcoin
If the latter, use something like middlecoin.com, which automatically picks the most profitable coin, and turns it into Bitcoin for you.
a) Mine a specific coin and keep those coins, hoping they will increase in value
b) Mine a coin in order to convert them to another coin, eg Bitcoin
If the latter, use something like middlecoin.com, which automatically picks the most profitable coin, and turns it into Bitcoin for you.
Why not mine the most profitable coin, and sell them on an exchange for LTC?
I am wondering which one is better to mine (short term & long term both).
LTC is harder to mine but it may have a good future. Other alt-coins is more profitable now, but they are not have any specific future.
So, What do you suggest me to do?
LTC is harder to mine but it may have a good future. Other alt-coins is more profitable now, but they are not have any specific future.
So, What do you suggest me to do?
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