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Title: Profit with litecoins? Post by: JohnD on September 06, 2012, 07:23:22 AM Hello,
i just read about litecoins and realized that litecoins are usually mined by CPUs. I have a lot of servers in datacenters with much unused CPU performance. Does it make sense to use these servers for litecoin mining to earn some money? Thanks. Title: Re: Profit with litecoins? Post by: Revalin on September 06, 2012, 07:33:49 AM I recommend you do not misappropriate your employer's resources for your own profit. It is both illegal and immoral.
If they are your own servers, sure, but there are downsides. They will consume more electricity while working, and they will run slower (even if you run the process with low priority) because it will be constantly exhausting the CPU cache. If you're okay with that, sure, why not? Title: Re: Profit with litecoins? Post by: JohnD on September 06, 2012, 07:54:07 AM I recommend you do not misappropriate your employer's resources for your own profit. It is both illegal and immoral. If they are your own servers, sure, but there are downsides. They will consume more electricity while working, and they will run slower (even if you run the process with low priority) because it will be constantly exhausting the CPU cache. If you're okay with that, sure, why not? Thanks for you reply. That are my own servers so its no problem and i do not have to pay more money if they consume more electricity. Most of the servers have modern intel quadcore CPUs and i would only start 2 mining threads per server so it should not affect the server performance. So i will try it just for the fun ;). Is it a good idea to join a mining pool or should i mine alone? I think all servers together should reach 200-300 khash/s without affecting the performance of my other applications. Title: Re: Profit with litecoins? Post by: live627 on September 06, 2012, 08:03:57 AM Depends. Go for a pool for immediate results. Going solo would mean waiting a while to create a block. As in, days, I think.
Title: Re: Profit with litecoins? Post by: Revalin on September 06, 2012, 08:10:43 AM It will still affect your other applications. By design, Litecoin is very memory intensive. Even if it's only running on two cores it will consume the CPU cache (L1 cache will be OK if you set strict affinity, but L2 and L3 cache are shared across cores), and it will consume memory bandwidth (causing the L3 misses to stall the CPU even longer). If your other application is a light load you may not care, but be sure to test.
Solo vs pooled is entirely your choice. Do whichever is more fun for you. :) Title: Re: Profit with litecoins? Post by: JohnD on September 06, 2012, 10:25:13 AM Thanks again.
I joined litecoincash.com and get 250 khash/s ... the servers seems to run still fine. What does that mean for money / month ? I checked http://ltc.kattare.com/calc.php and it says ~3 BTC or ~30 USD / month. Correct? Title: Re: Profit with litecoins? Post by: luffy on September 06, 2012, 04:35:35 PM yes it is correct.
i like this more: http://allchains.info/calc.html ;) Title: Re: Profit with litecoins? Post by: meebs on September 09, 2012, 05:12:09 AM Thanks again. I joined litecoincash.com and get 250 khash/s ... the servers seems to run still fine. What does that mean for money / month ? I checked http://ltc.kattare.com/calc.php and it says ~3 BTC or ~30 USD / month. Correct? 1 LTC = .04 USD currently That means you need about 25 LTC per dollar earned. at 120 khash I am getting about 11 LTC a day in a PPS pool, this comes out to about $13 a month. So yes, your numbers are correct |