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Title: Question about LTC calculators Post by: nawazish1 on April 15, 2013, 09:42:13 AM Hey guys I have a question about LTC mining calculators which are available on various sites. The question is
Does the calculator calculates for solo mining or pooled mining? I think its for solo mining because the difficulty is already written is of the whole LTC network. If it was about pool mining then there should be the share difficulty not the network difficulty. Kindly clear my confusion. I m just gonna invest in LTC mining. Title: Re: Question about LTC calculators Post by: mycketbra on April 15, 2013, 10:20:13 AM You are right, khash and network difficulty calculations are estimates. The most accurate way is to measure your rig's baseline share submit rate and try to make a prediction for network difficulty increase.
For example my 2 7950s submitted 3.6 million shares to litecoinpool in 75 hours before the difficulty changed. Share price went from .00000312 to .00000250 and my payout was around 11.5 LTC. Title: Re: Question about LTC calculators Post by: nawazish1 on April 15, 2013, 06:13:42 PM You are right, khash and network difficulty calculations are estimates. The most accurate way is to measure your rig's baseline share submit rate and try to make a prediction for network difficulty increase. For example my 2 7950s submitted 3.6 million shares to litecoinpool in 75 hours before the difficulty changed. Share price went from .00000312 to .00000250 and my payout was around 11.5 LTC. Thanks for the helpful reply Could you also tell me how much shares I may expect to be submitted on a 1000kh/s rate. Title: Re: Question about LTC calculators Post by: mycketbra on April 17, 2013, 10:15:03 AM You are right, khash and network difficulty calculations are estimates. The most accurate way is to measure your rig's baseline share submit rate and try to make a prediction for network difficulty increase. For example my 2 7950s submitted 3.6 million shares to litecoinpool in 75 hours before the difficulty changed. Share price went from .00000312 to .00000250 and my payout was around 11.5 LTC. Thanks for the helpful reply Could you also tell me how much shares I may expect to be submitted on a 1000kh/s rate. About 3.3 million :) |