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Title: Mining LTC instead of BTC? Post by: thebigjc on April 21, 2013, 03:16:55 PM Reading through the Mining forums, I see more and more people talking about mining LTC instead of BTC on their GPUs. I assume this is because they are concerned BTC will be swamped with ASICs as the Avalons (and others) of the world roll their chips out, but I haven't read a good summary of why anyone would expect LTC to be more profitable than BTC to mine anytime soon.
Can anyone explain (or point to) the upside on LTC vs. BTC? It seems like liquidity alone would make this a bad idea. Title: Re: Mining LTC instead of BTC? Post by: thebigjc on April 21, 2013, 03:51:18 PM Looking around more I found my own answer:
http://www.reddit.com/r/litecoin/comments/1bbfdc/will_mining_litecoins_make_me_more_money_than/ Title: Re: Mining LTC instead of BTC? Post by: triciam on April 21, 2013, 03:55:01 PM The higher difficulty on BTC, makes mining LTC more profitable right now. At least it does for me at my hash rates.
This site helps you see the profitability: http://dustcoin.com/mining For LTC market data, check out: http://cryptochart.com Title: Re: Mining LTC instead of BTC? Post by: angelafairie on April 21, 2013, 04:00:53 PM BTC is getting harder to mine. If you have a general computer, it maybe better to mine ltc and trade it for btc.
Title: Re: Mining LTC instead of BTC? Post by: Abo Adamson on April 21, 2013, 04:02:18 PM Reading through the Mining forums, I see more and more people talking about mining LTC instead of BTC on their GPUs. I assume this is because they are concerned BTC will be swamped with ASICs as the Avalons (and others) of the world roll their chips out, but I haven't read a good summary of why anyone would expect LTC to be more profitable than BTC to mine anytime soon. It's better to use 75% BTC and 25% LTCCan anyone explain (or point to) the upside on LTC vs. BTC? It seems like liquidity alone would make this a bad idea. |