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Title: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: BitshireHashaway on April 28, 2013, 03:53:44 AM Ok, someone feel free to correct me if my logic is wrong, however, I was thinking about it some and from my understanding (feel free to correct me if I'm wrong, I'm new at this), but Bitcoins use your GPU and Litecoins use your Ram? Therefore, couldn't you use all of your ram to mine Litecoins, and your GPU for Bitcoins. And also if you were to do that, how much ram would you need? Because my laptop has 12gb of ram.
Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: drakahn on April 28, 2013, 03:54:36 AM scrypt uses the GPU as well, so no
Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: btcidea on April 28, 2013, 03:57:15 AM Ok, someone feel free to correct me if my logic is wrong, however, I was thinking about it some and from my understanding (feel free to correct me if I'm wrong, I'm new at this), but Bitcoins use your GPU and Litecoins use your Ram? Therefore, couldn't you use all of your ram to mine Litecoins, and your GPU for Bitcoins. And also if you were to do that, how much ram would you need? Because my laptop has 12gb of ram. Some crypto-currencies can use merge mining. (NMC and BTC for example. They use the same proof of work for both systems.) Since the algorithm is different you can pick one or the other or share the resources of your GPU. Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: thaile4ever on April 28, 2013, 04:07:17 AM The thing you are wrong about is that Litecoin only need RAM. Litecoin needs GPU + RAM. Which is way it's harder to make things like FPGA and ASIC for it.
Well from what I read the less memory you have the slower it will run. Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: BitshireHashaway on April 28, 2013, 04:37:15 AM Ok thanks for the help guys and for correcting my mistake, I really appreciate it! I guess I'll just still to bitcoins for now.
Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: roy7 on April 28, 2013, 04:45:16 AM Ok thanks for the help guys and for correcting my mistake, I really appreciate it! I guess I'll just still to bitcoins for now. You can join a merged mining pool (like bitparking) if you want to snag various other coins for free along with your BTC. Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: BitshireHashaway on April 28, 2013, 06:54:04 PM Ok thanks for the help guys and for correcting my mistake, I really appreciate it! I guess I'll just still to bitcoins for now. You can join a merged mining pool (like bitparking) if you want to snag various other coins for free along with your BTC. Well I've heard you can do name coin & bit coin together with Slush's Pool, but right now I'm going to stick with BTC Guild, and just attempt to get a feel for things and for how everything works. Title: Re: Can you simultaneously Bitcoin and Litecoin mine to increase profits? Post by: Toschi on April 28, 2013, 07:47:41 PM I would suggest to mine just LTC
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