Litecoin mining is already available for whales only.
Unless you have a few tens of asic devices called antminer L3+
It's for $1370
https://shop.bitmain.com/productDetail.htm?pid=0002017041211583458538J49cKq063A
You can read more about it there and calculate your profits in many calulators online
Topic: Newbie wanting to mine LTC (Read 518 times)
I have been exploring the fascinating world of cryptomining over the last few days and found that along with the big and expensive rigs (Antminers etc) that cost a fortune there are also some miners that are connected by USB. Does anyone have experience with these devices? I would be really interested in trying them out 
Edit: forgot to add earlier - if anyone has experience with these, how much power to they use and do they use CPU/RAM of the computer?
When mining altcoins you can use a computer power but in bitcoin your gonna need a hardware miner build for mining i guess ltc is already in the top ten cryptocurrency so obviously its gonna be hard to mine this coins but i guess powerful computer like 4gpu is not bad. Edit: forgot to add earlier - if anyone has experience with these, how much power to they use and do they use CPU/RAM of the computer?
At current profitability levels, the old Gridseed GC3355 based gear like their "80 blade" and Orb units are profitable - but not by a lot unless you have VERY cheap electric, and you better GET them super-cheap if you expect to pay one off.
The Moonlander (Alcheminer-based USB stick) should be even more profitable, but payback is going to take a LONG time on it unless you get on VERY cheap.
The Moonlander (Alcheminer-based USB stick) should be even more profitable, but payback is going to take a LONG time on it unless you get on VERY cheap.
I'm not aware of any USB based Scrypt miner that is worth buying.
If you have an Antminer L3+ (504 MH/s) right now -- you are in good shape.
Mine is paying about .02 to .022 BTC every 24 hours. Quite impressive @ about 760 watts.
If you have an Antminer L3+ (504 MH/s) right now -- you are in good shape.
Mine is paying about .02 to .022 BTC every 24 hours. Quite impressive @ about 760 watts.
Only 6000 bucks on Amazon.. Lovely. Don't have that kind of money to invest at the moment unfortunately.
To my knowledge, anything that mines via a USB stick right now is going to be a waste of time I'm afraid
Save up a few thousand, then your probably ready to enter the market somewhere.. somewhen... somehow
Good luck
Save up a few thousand, then your probably ready to enter the market somewhere.. somewhen... somehow
Good luck
I'm not aware of any USB based Scrypt miner that is worth buying.
If you have an Antminer L3+ (504 MH/s) right now -- you are in good shape.
Mine is paying about .02 to .022 BTC every 24 hours. Quite impressive @ about 760 watts.
If you have an Antminer L3+ (504 MH/s) right now -- you are in good shape.
Mine is paying about .02 to .022 BTC every 24 hours. Quite impressive @ about 760 watts.
I have been exploring the fascinating world of cryptomining over the last few days and found that along with the big and expensive rigs (Antminers etc) that cost a fortune there are also some miners that are connected by USB. Does anyone have experience with these devices? I would be really interested in trying them out
Edit: forgot to add earlier - if anyone has experience with these, how much power to they use and do they use CPU/RAM of the computer?
Edit: forgot to add earlier - if anyone has experience with these, how much power to they use and do they use CPU/RAM of the computer?
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