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Title: Same Hashing Power: Bitcoin or Litecoin? Post by: BitKid on September 25, 2013, 03:23:48 AM Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin?
Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: r3wt on September 25, 2013, 03:30:28 AM Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin? bitcoin obviously. litecoin- 1/100th efficiency of bitcoin because litecoin uses the inneficient scrypt algorithm. bitcoin: asics use far less power per m/h than do gpus. therefor bitcoin is more profitable. anyone who says otherwise is a waste of air. Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: nobbynobbynoob on September 25, 2013, 03:32:53 AM Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin? GPU: litecoin ASIC: bitcoin Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: zerotiu on September 25, 2013, 03:39:23 AM I myself prefer litecoin. ASIC hardwares are everywhere now and maybe the bitcoin difficulty will reach 200m by the end of this year.. or even higher
Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: mekanical on September 25, 2013, 04:28:44 AM novacoin yielding the most per hash power right now I believe. You can use this to compare if you know what hash rates your getting with scrypt vs SHA256:
http://dustcoin.com/mining Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: r3wt on September 25, 2013, 05:00:39 AM I myself prefer litecoin. ASIC hardwares are everywhere now and maybe the bitcoin difficulty will reach 200m by the end of this year.. or even higher probably higher i would think Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: shakezola on September 25, 2013, 08:36:42 AM Mine the currently most profitable coin, check on www.coinwarz.com .
Then sell for Bitcoin. Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: panck4beer on September 25, 2013, 08:51:45 AM Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin? You cant mine Bitcoin profitably anymore with GPU. Mining altcoins profitability depends on your electricity costs, check http://dustcoin.com/mining with your specs ;) Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: patino11 on September 25, 2013, 03:31:15 PM obviously bitcoin!
Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: BitKid on September 26, 2013, 04:05:43 AM When opinions differ widely, It's hard to conclude!
Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: deadjimmy on September 26, 2013, 04:20:50 AM When opinions differ widely, It's hard to conclude! With the recent bitcoin diff jump to 149M gpu mining is a losing scenario. Unless of course bitcoin to dollar value jumps. At current conditions with btc at ~$128, my 2 7950s crunching away at about 1.3gh and using 500w+ power stand to generate about 0.0044btc daily. Effectively that's generating $0.57 worth of btc on $.84 worth of power (power cost roughly 0.07/kWh). On the other hand I can generate 1 to 1.5LTC daily which according to btc-e's current ltc/btc exchange rate, 1.5LTC is worth about 0.028425btc. Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: nahtnam on September 26, 2013, 04:43:35 AM Bitcoin... Because even if you get much less bitcoins than lite coins, 0.1 Bitcoin is still worth more than 100 ltc...
Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: buddrulez on September 26, 2013, 05:27:44 PM Bitcoin... Because even if you get much less bitcoins than lite coins, 0.1 Bitcoin is still worth more than 100 ltc... You need to go back to school.mate 100 ltc is $300... Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: nahtnam on September 26, 2013, 07:45:30 PM Bitcoin... Because even if you get much less bitcoins than lite coins, 0.1 Bitcoin is still worth more than 100 ltc... You need to go back to school.mate 100 ltc is $300... Holy shit... I should have invested in it! Last time I had checked, a ltc was 0.25 usd Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: HyperBeam on September 27, 2013, 12:55:58 AM Bitcoin difficulty is increasing much more quickly than litecoin difficulty.
Title: Re: Same Hashing Power: Bitcoin or Litecoin? Post by: agent13 on September 27, 2013, 07:12:25 AM I am curious..
Market forces lead to Bitcoin ASICs. What would stop ASICs for Litecoin if it became profitable? If this happens, how is Litecoin then different from Bitcoin? |