No that's not what I'm talking about.

You responded to tell me "Try it" with the exact example of the problem I had just described is broken ...

You didn't understand my post at all.

You were supposed to say "Ah, I see how the LTC Profitability page does not work."

The main drawback for litecoin is its name.

It is reminiscent of a lite beer or a lighter version of something bigger and better. Your point about the infrastructure is spot on. What is going to happen is a few of these alts will eventually become noticed and adopted by the masses. Then the existing bitcoin infrastructure will be modified to accept these newly popular alts. However, history shows that it will be difficult to predict which ones will be the winners since technical fundamentals will have less impact on acceptance than name. Think of early windows, a horrendous mess of an operating system from a technical standpoint, but a consumer grand slam in terms of sales and popularity.

I think litecoin may become widely successful, but it will first have to overcome its image somehow of being the "light version" of something better.

I hate GPU mining now too, scrypt might be worth playing with once FPGAs for it come out but for example I bought a 7950 from NewEgg, put it into a machine, something went flash when I actually tried to mine with it even before messing with clocks etc, and that machine now no longer works.

I put it into a second machine, mined for maybe a week or two, then there was a frying circuits smell (ozone probably I guess) and the machine went dead.

Each time I put that card in, the ozone smell happens and the machine will not boot. Luckily the machine still does at least still work without that card in it.

Now having to look into how to RMA the thing to NewEgg.

Even the GPUs that work none of them produce the same number of KHashes on scrypt as they do MHashes for SHA256, which the profitability sites seem to imagine they should. I get about 255 Khashes on 5870's that give me 405 MHashes on SHA256. I suspect scrypt is just a less efficient system than SHA256 intrinsically.

FPGAs aren't necessarily all that great either, out of a stack of twelve it was only weeks before two of them died, and the cost of sending them in to be fixed cannot really be justified as they are so close to obsolete already and were already even when I bought them. They, and the block eruptors I bought since, are/were mostly just a stopgap measure to be able to grab up some merged mined coins before they go onto major pools and thence onto exchanges whereupon like the merged mined coins you can merged mine at bitparking they would skyrocket in difficulty beyond what a couple of 5870's could really hope to rake in easily.

So yeah, just buying coins is looking pretty good, though I still hope a KNC Saturn might arrive in time to pay for itself even if K16s don't.

-MarkM-

One of our workers was wrong. He already has been arrested and sentenced to death.

Of course it should read September 9th 2013 8pm Nigeria Time.

If that could be done stellar.

I know this has been suggested before but doesn't seem to be acknowledged. With this pools low hash rate, if LTC was the issue, we shouldn't be anywhere near that coin. Difficulty is to high for middlecoin by itself. Wemineltc has 7 times the hash rate and I have many hours where they don't find a block.

JR

Exactly, who is the dev team again?

My 3x 7970's are getting about 1x LTC per day which was worth about $2. That's about the energy it costs to create them... so they're no over priced. Miners need to make money.

ok, both. then the question is, why an end-user should convert his USD to litecoin and spend it instead of bitcoin ?!

There are already two coin apps: Bitcoin and Litecoin.  Copy/Paste and Find/Replace is much harder on these Apps than it is on with the QT source, but it can be done.  That is probably why only a few alt coins have apps now.

The question is why a website should use litecoin instead of bitcoin !?

Correct, and it is an ASIC for Scrypt. And he still mines BTC too.