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Title: LTC Mining profitable Post by: pushitup on April 11, 2013, 04:39:40 PM Is LTC mining still profitable?
Does one HD7850 make $? Title: Re: LTC Mining profitable Post by: zulzedd on April 11, 2013, 05:07:31 PM Is LTC mining still profitable? I mining with single 7850. On current difficulty i obtain ~2 LTC per day (notice, diff is growing fast over time). At BTC-e pair BTC/LTC is 0.02 now, LTC/USD 1.77. Not much. You can check profitability of any cryptocurrency here btw http://dustcoin.com/miningDoes one HD7850 make $? Title: Re: LTC Mining profitable Post by: Xenotron on April 11, 2013, 05:09:50 PM Is LTC mining still profitable? In general, LTC mining is more profitable, but it consumes more resourses (CPU, RAM) and energy.Does one HD7850 make $? Title: Re: LTC Mining profitable Post by: pushitup on April 11, 2013, 05:26:20 PM Is LTC mining still profitable? I mining with single 7850. On current difficulty i obtain ~2 LTC per day (notice, diff is growing fast over time). At BTC-e pair BTC/LTC is 0.02 now, LTC/USD 1.77. Not much. You can check profitability of any cryptocurrency here btw http://dustcoin.com/miningDoes one HD7850 make $? do you mine alone or in a pool? Title: Re: LTC Mining profitable Post by: avulhop on April 11, 2013, 06:12:58 PM What's the general forumla for LTC/day as a solo miner?
My naive guess: Code: probability = my hashrate/network hashrate Plugging in values... Code: prob = ~350kh/s / 9,440,200 kh/s That doesn't seem right... What am I missing? Title: Re: LTC Mining profitable Post by: dasein on April 11, 2013, 06:26:43 PM 3 x 7950s = 1800 kh/s which is $584.92 / month according to the table at http://dustcoin.com/mining
seems profitable to me, am I missing something? Title: Re: LTC Mining profitable Post by: avulhop on April 11, 2013, 06:29:34 PM 3 x 7950s = 1800 kh/s which is $584.92 / month according to the table at http://dustcoin.com/mining seems profitable to me, am I missing something? Careful... at this very moment, DustCoin is using the Mt. Gox figure for BTC ($123.40), which is frozen since they halted trading. BTC-e has it at $84, Vircurex at around $90. (still, that's closer to $426.60, which isn't awful) Title: Re: LTC Mining profitable Post by: dasein on April 11, 2013, 06:31:51 PM my calculation was for LTC, but point taken nonetheless
Title: Re: LTC Mining profitable Post by: avulhop on April 11, 2013, 06:40:22 PM my calculation was for LTC, but point taken nonetheless I know, but he's calculating LTC/USD by going LTC/BTC, BTC/USD. Title: Re: LTC Mining profitable Post by: Marv21 on April 11, 2013, 06:54:40 PM On https://coinotron.com/ you can see, what is the best profitable :)
Title: Re: LTC Mining profitable Post by: dasein on April 11, 2013, 07:05:06 PM my calculation was for LTC, but point taken nonetheless I know, but he's calculating LTC/USD by going LTC/BTC, BTC/USD. ah that makes sense, thanks for clearing that up Title: Re: LTC Mining profitable Post by: jendazbenda on April 14, 2013, 12:07:42 PM Code: expectedLTC = 0.0037%*34560*50 That doesn't seem right... What am I missing? You will get only about that 1.281328785 coins per day. You can't multiply by that 50 twice... Title: Re: LTC Mining profitable Post by: dazzle on April 19, 2013, 11:57:22 PM Is LTC mining still profitable? I mining with single 7850. On current difficulty i obtain ~2 LTC per day (notice, diff is growing fast over time). At BTC-e pair BTC/LTC is 0.02 now, LTC/USD 1.77. Not much. You can check profitability of any cryptocurrency here btw http://dustcoin.com/miningDoes one HD7850 make $? a 7850 is faster than my 6990? I only got like 0.049 LTC in one day. Yours is like 2 lTC per day? Is my card now worthless? Title: Re: LTC Mining profitable Post by: Nathaniel B on April 20, 2013, 12:04:11 AM It's still about 4-5 times the cost of electricity at $0.11/kWh so if you already have cards then you might as well mine. Difficulty will likely double once the bitcoin asics force all the GPU miners over to litecoin.
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