will LTC miners move to BTC now | Bitcointalksearch.org

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: anderl on May 11, 2013, 04:03:10 AM

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC? Coinchoose reports that LTC is now a few points less profitable than BTC.

seigniorage, mining now may not be as profitable, but this does not mean you can't sell what you do get for a greater profit that you could mining BTC now.

So some miners will take the long view some wont. Further ASICS are comming and they will force GPU's out, so a scrypt coins will be mined by a large base

Also where had Coblee and LTC dev gone???

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

I will still mine LTC even if there will be 50% less profit than BTC, there is a future for it , I just wish if there would be more developers involved .

swordfish6975

hero member

Activity: 721

Merit: 523

im going to stay on LTC for a while..

to many altcoins imo that have a short term profitability im in this for the long term

scrypt coins are where its at for GPUs imo and LTC is largest one of them

when my BFL finally shows I will do bo0ht BTC and LTC

Lemmz

newbie

Activity: 9

Merit: 0

Bitcoin diff is going up tomorrow, so no. There are other alt-coins that are reporting higher profit margins than either BTC or LTC that will likely soak up some of the hashes from LTC until the diff drops again.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: hope2907 on May 11, 2013, 04:08:40 AM

Quote from: anderl on May 11, 2013, 04:03:10 AM

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC? Coinchoose reports that LTC is now a few points less profitable than BTC.

in short term or for miner for profit yes
in long term no

LOL, you seriously think people are going to go "I support litecoin even through it's so outdated and there's no active development going on!"

hope2907

sr. member

Activity: 432

Merit: 250

Quote from: anderl on May 11, 2013, 04:03:10 AM

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC? Coinchoose reports that LTC is now a few points less profitable than BTC.

in short term or for miner for profit yes
in long term no

anderl

hero member

Activity: 714

Merit: 500

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC? Coinchoose reports that LTC is now a few points less profitable than BTC.

Topic: will LTC miners move to BTC now (Read 889 times)