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Other => Beginners & Help => Topic started by: haaning on April 03, 2013, 04:14:27 PM



Title: litecoin mining questions from a beginner.
Post by: haaning on April 03, 2013, 04:14:27 PM
Hello everyone. i have a question i cant seem to make sense of. i have just started mining and its going well at about 550 kh/s, so thats great.
but then i look at the statistics of the top litecoin miners at my pools website. and the numbers are just insane. from 8952 kh/s at nr. 20 too 64473.4 kh/s at nr. 1
what kind of hardware will get those numbers? i have a feeling its more about quantity then anything else here, so what ? do they have like entire rooms filled with computers just mining?
as i had understood it, things like those asic machines wouldnt work on litecoin? or am i mistaken?


Title: Re: litecoin mining questions from a beginner.
Post by: suvegastar on April 03, 2013, 04:21:19 PM
Answer is yes... rooms full of hardware. Hot hardware.   ;D

Fact is you can get various kH/s from different boards, but in my situation I run at about 500kH/s with a single 7950 GPU for litecoins.  All you have to do is multiply it out.  Well, that and $$. :)

My current miner holds 6 x 7950s and produces about 3 Mh/s. 

As of right now, as the ASICS are entering the market, BTC are moving from the Mh/s to Gh/s.  Odds are that unless you are in the Gh/s you are going to be banging your head against the wall with the block solve times for BTC.

That being said, 500kH/s is not a bad place to be for litecoins.  Keep cooking those processors!

Try out this http://ltc.kattare.com/calc.php (http://ltc.kattare.com/calc.php)


Title: Re: litecoin mining questions from a beginner.
Post by: haaning on April 03, 2013, 04:39:01 PM
thanks for the reply, i took a look at that website, and wow those people are making serious money.

whats the effective way of doing this? 3-way crossfire computers ? whats your setup if you want to share it ?

i think i might just build me some more computers :)

EDIT: oh and if anyone knows, what kinda numbers could i get from this card http://www.amd.com/us/products/desktop/graphics/ati-radeon-hd-5000/hd-5870-eyefinity-6-edition/pages/overview.aspx

i can get two of those for about 300$, but i havent been able to find anything on that specific card so, im not sure whether i should buy them, as they will be for mining only.


Title: Re: litecoin mining questions from a beginner.
Post by: dphillippi on April 16, 2013, 07:47:04 PM
what are some other stratum litecoin pools?


Title: Re: litecoin mining questions from a beginner.
Post by: Kinetic915 on April 16, 2013, 07:55:30 PM
Google ltc hardware comparison, and google ltc Mining pools


Title: Re: litecoin mining questions from a beginner.
Post by: begining_summer on April 16, 2013, 08:20:51 PM
Does litecoin solo mining make any sense nowadays?


Title: Re: litecoin mining questions from a beginner.
Post by: bigvern on April 16, 2013, 08:26:50 PM
I would say solo mining would be like trying to climb mount everest alone.


Title: Re: litecoin mining questions from a beginner.
Post by: Meotype on April 17, 2013, 06:31:10 AM
LTC mining making sense or not is affected by LTC/BTC or USD conversion rate, accessibility of cheap power really

I just mine casually with my idle computers for fun


Title: Re: litecoin mining questions from a beginner.
Post by: Tiberius on April 17, 2013, 07:28:44 AM
How may HW errors do you get by running a 7950 @500Kh/s? Mine gives a lot of errors.


Title: Re: litecoin mining questions from a beginner.
Post by: Paddymelon on April 17, 2013, 07:37:55 AM
just about to start ltc with 3 radeons, will report back


Title: Re: litecoin mining questions from a beginner.
Post by: headygains on April 17, 2013, 07:58:00 AM
I currently have a nvidia quadro 600 and am currently in the process of setting up my miner and so forth, tried ltc mining with cgminer but it would just crash my drivers and shutdown, so I'm looking for an alternative I found a tutorial on solo ltc mining with reaper I'm not sure if this is a viable option because I don't know the current difficulty of the block and I have yet to successfully gpu mine ltc, I'll link the tut in a sec lemme go find it.

https://bitcointalk.org/index.php?topic=83371.0


Title: Re: litecoin mining questions from a beginner.
Post by: Kinetic915 on April 17, 2013, 02:37:24 PM
How may HW errors do you get by running a 7950 @500Kh/s? Mine gives a lot of errors.
what program are you using?


Title: Re: litecoin mining questions from a beginner.
Post by: weareken on April 17, 2013, 03:04:51 PM
what are some other stratum litecoin pools?


Many people use Coinotron, which is Stratum only I believe.  I've been happier with WeMineLTC.com.  I get lower rejects and the operator seems to have a focus on a good backend.  I'd stay away from Notroll.in.  High fees and some fishy behavior by the operator.


Title: Re: litecoin mining questions from a beginner.
Post by: daemol on April 17, 2013, 03:16:13 PM
Use this guide if you want to get started.

https://bitcointalk.org/index.php?topic=163306.msg1713190#msg1713190


Title: Re: litecoin mining questions from a beginner.
Post by: Tiberius on April 17, 2013, 08:53:56 PM
How may HW errors do you get by running a 7950 @500Kh/s? Mine gives a lot of errors.
what program are you using?
cgminer


Title: Re: litecoin mining questions from a beginner.
Post by: savemydinner on April 17, 2013, 08:58:31 PM
Does it makes sense to mine it with 2 GeForce 670 cards?


Title: Re: litecoin mining questions from a beginner.
Post by: lpshowboat0099 on April 17, 2013, 10:04:08 PM
Does it makes sense to mine it with 2 GeForce 670 cards?

If you already own the cards, sure thing. Use cudaMiner posted on this forum to mine with much faster rates. You'll get at least 300 kH/s from the two of them together.

If buying cards, go for ATI/AMD over NVIDIA for mining.


Title: Re: litecoin mining questions from a beginner.
Post by: newwt on April 17, 2013, 10:06:36 PM
Does it makes sense to mine it with 2 GeForce 670 cards?

you can try, but nvidia cards are horrible at mining.


Title: Re: litecoin mining questions from a beginner.
Post by: daglitch on April 17, 2013, 10:14:14 PM
Nvidia cards are catching up though. Might go and check out the cuda development thread for more information.


Title: Re: litecoin mining questions from a beginner.
Post by: lpshowboat0099 on April 17, 2013, 10:35:56 PM
Nvidia cards are catching up though. Might go and check out the cuda development thread for more information.
Dollar-for-dollar, the AMD cards still offer a more than 2:1 advantage over NVIDIA despite the increased gains via cudaMiner. Thus why I only suggest using them if you already happen to have them and not go out to buy one specifically for mining. That said, though, cudaMiner gives me hope that perhaps that performance gap can close more.


Title: Re: litecoin mining questions from a beginner.
Post by: soundasleep on April 18, 2013, 02:12:42 AM
Come join http://reddit.com/r/litecoin and http://reddit.com/r/litecoinmining :D