Bitcoin Forum

My cpu is currently mining at 3.8 kilohash per second, i know kinda lame, how much LTC do you expect me to make?

Too bad Bitcoin doesn't allow CPU mining.

Bitcoin allow CPU mining, but it's very slow.

Please tell me which miner program to use to mine bitcoin?

To mine on CPU you can use Ufasoft CPU miner, but mining on the CPU has very low profit.

3.8 k/hash, you mean?

You'll probably make around 2-3 Litecoins per day, or somewhere between 1-3 cents.

As far as using your CPU for Bitcoin, forget about it (unless you're very desperate for a few satoshis) -- mining Bitcoins with a CPU is like trying to mine for gold with your fingers.

Is this calculator correct? http://www.litecoinpool.org/calc?hashrate=3853&difficulty=1.58903545

It says I will make "30 days   73166.21067943 LTC"'

That's about 87 BTC or $435 USD per month.

You aren't hashing at 3.8 MH/s not unless you have a super computer, a major botnet, or are an enterprise system admin stealing computing power.

So the calculator is right but your input isn't.

At 3.8 KH/s you will earn about 2.5 LTC per day (about 1 penny).

Yes true.

I stopped LTC mining after.

Is there any other e-currency worth mining at the moment? Maybe Namecoin?

Mine litecoins and keep them. See what happen many years from now!

Namecoin can be mined for free with Bitcoin (merged mining).  There is no economic value to mining just Namecoin.

LOL if I kept mining, I would have made $5 in a year! WOW, great e-currency there!

The power costs alone would have cost in the thousands.

These days, it seems that any cryptocurrency with enough adoption to have value, also has enough adoption for the miners on the network to completely overpower a low-end CPU.

So I suppose the real question is, what is your goal in mining?

If your goal is to help secure the network, I suppose you can just rest easy, knowing it's in very capable hands.

If your goal is to have some coins to play around with, perhaps getting coins from faucets (sites that give out a small number of BTC to new users) would be a better approach.

If your goal is to get coins, and faucet coins aren't enough for you... unfortunately, as a result of BTC being worth something, you need to give up something of value to get them. Whether that means buying them on an exchange, or purchasing video cards whose hash power can keep up with the network, or selling things of value to other users and taking payment in coins.

No free lunches under the sun.

http://gyazo.com/a258b5bf587d0cbcb91daf241626dc70.png

1 Single Proc Xeon (8x thread). Your typical dedicated server's CPU.
13Mhash/s...

Reread the title of the thread a little slower this time.

Your point being?

That the context is Litecoins, not Bitcoins, therefore it is completely irrelevant to talk about your processor's Bitcoin performance.

How do you get so much out of a Xeon? I only get 3.8 khs

If anyone wants to give me a command to run on my server to test generating LTC, let me know.

Wow, what's the Xeon model?

W3520 @ 2.67Ghz
VDS (Virtualized Dedicated Server)

don't know what the ufasoft option is but something like:

--algo scrypt

is required. else use pooler's Litecoin miner (https://bitcointalk.org/index.php?topic=55038.msg654850#msg654850), and point it at one of the litecoin pools listed in the alternative cryptocurrencies topic (https://bitcointalk.org/index.php?board=67.0).

./minerd -t 2 -s 5 -o http://litecoinpool.org:9332/ -O <user>.1:<pass>

edit: actually you'll need to alter the -t 2 to double your thread capacity

http://litecoinpool.org:9332
http://mine.pool-x.eu:8337
http://miningpool.com:9350
http://funcoin.org:
http://ejpool.info:8080

marked

Okay, thanks. I'll see if I can grab some shares for the next 2-3 hours.

http://gyazo.com/86636ebe0fbaa1ed7657514a25389721.png

[Edit]: Yay for being retarded. I was using "--a scrypt" instead of "-a scrypt". Changes the whole game. xD...So yeah, 30khash/s.

Huh. I appear to have a missing or unposted message.

I thought I'd posted about 30 minutes after your post to make sure that you were using the correct algo switch, as I couldn't see you on ejpool.

 I had downloaded and gotten the ufasoft miner to work but was running at about 50% of the hashrate compared to that of pooler's miner, so you might get up to 60kh/s, maybe more. I know that there have been recent enhancements for new chips in the 2.15 release, that gave significant performance increases over the preceeding releases.

marked

I honestly am just CPU mining for testing. I'm not looking to get coins.