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Title: Litecoin Vs Bitcoin Post by: BitcoinIntern on October 14, 2017, 01:30:29 PM Hi Folks,
Why is the Litecoin machine i.e L3 significantly more expensive than the S9? Please suggest as I'm trying to understand. Thank you. Title: Re: Litecoin Vs Bitcoin Post by: Refozzblaze on October 14, 2017, 01:43:08 PM Hi Folks, Did You Talking Avout Miners?Why is the Litecoin machine i.e L3 significantly more expensive than the S9? Please suggest as I'm trying to understand. Thank you. I Think You Post On Wrong Forum Title: Re: Litecoin Vs Bitcoin Post by: Tipstar on October 14, 2017, 01:48:40 PM Hi Folks, Why is the Litecoin machine i.e L3 significantly more expensive than the S9? Please suggest as I'm trying to understand. Thank you. The ASIC machines for SHA256 mining have come along a long time and with huge production and RD, reduced in price. While the the scrypt miners are new to the market with less supply than demand. Title: Re: Litecoin Vs Bitcoin Post by: BitcoinIntern on October 14, 2017, 01:56:37 PM I thought it's more expensive because it can mine other alt coins which are more profitable than Bitcoin... But that's not the case for the high price?
Title: Re: Litecoin Vs Bitcoin Post by: leea-1334 on October 14, 2017, 02:08:35 PM This has little to do with Litecoin itself or Bitcoin itself. The difference is just because of the mining algorithm. SCRYPT is somehow less in demand that SHA256 at the moment, so you are just suffering from lack of demand. You might find temporarily that you can mine more as difficulties are much less in Litecoin than Bitcoin now. You might end up making less if converting to fiat, but the idea for miners is to only sell enough to keep operating while holding for the future.
Title: Re: Litecoin Vs Bitcoin Post by: BitcoinIntern on October 14, 2017, 03:09:41 PM Now that makes more sense. Thanks Leea
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