Any background information on this bull run? Mining LTC is now more profitable than mining BTC.
So what? Why mine only bitcoin? To do so seems like "leaving money on the table". How profitable is mining BTC, NMC, DVC, GRP, I0C, IXC and CLC all at once merged compared to mining any one chain alone? Now how much more or less so if one were to add MBC, UKB, and others to the mix? ( See http://galaxies.mygamesonline.org/digitalisassets.html ) -MarkM- Cool  But to mine LTC, I have to stop mining BTC. |
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AWESOME. Congratulations! I hope the ASIC units look as cool as the MMQs.
Lucky guy! Have fun |
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What I don't get is how litecoins are worth more than namecoins.
Namecoin has like almost 0 following....5 guys squatted all the good domain names.... equals.....shit Probably more to do with mine-and-dump. Namecoins are merged-mined alongside bitcoins, devcoins, groupcoins, ixcoins, i0coins and coiledcoins whereas litecoins cannot be merged alongside so require taking mining power away from all the other chains to mine them. Thus they are likely cheaper to buy than to mine. -MarkM- Any background information on this bull run? Mining LTC is now more profitable than mining BTC. |
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Last time I checked Litecoinpool said next difficulty should be over 15.
Wow!
It's profitable to mine LTC vs BTC at the moment. Expect a bunch of bitcoin miners moving in soon. |
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Wonder how the S2070 got such a high Mhash rating? Must be a major architectural difference between the C-series and S-series teslas?
Should I even bother having him get me a Quadro6000? or just see if he has any ATI V7800's in the store room?
*edit* yeah, just found out. S-series has 4GPUs, C-series has 1. That'd do it. so, basically, i'dget about 1/4 of the Mhash...like 125....bah.
ah well. if he has some V7800's lying around, those are probably EOL soon and he can write em off/dump em.
Check out powercolor Devil 13 for mining. |
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Anybody can put here an example of cgminer comand line for hashing LTC? Thanks.
cgminer --scrypt |
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OP...OP...OPPA...OOP...now its up, difficulty still rising how often does litecoin difficulty change? and i didn't know scrypt support for cgminer was so recent...< 1 month? geez if i had my rig working right on there id have the #9 spot on top miners Changes 2.5days. It's essentially 4X btc using scrypt hashing algo. And there will be total 4X more LTC than BTC. GPUs whast are you meaning by "4X btc" The rate of generation of LTC is 4X that of BTC. Also the difficult adjusts 4X faster than BTC. ~scrypt conversion rates for AMD GPUs is 1/1000. So if you have a radeon 7970 it would hash scrypt at somewhere around 500 kh/s. So how much that 7970 would hash LTC in 24H ? According to http://www.litecoinpool.org/calc?hashrate=500&difficulty=13.58031647~37LTC |
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OP...OP...OPPA...OOP...now its up, difficulty still rising how often does litecoin difficulty change? and i didn't know scrypt support for cgminer was so recent...< 1 month? geez if i had my rig working right on there id have the #9 spot on top miners Changes 2.5days. It's essentially 4X btc using scrypt hashing algo. And there will be total 4X more LTC than BTC. GPUs whast are you meaning by "4X btc" The rate of generation of LTC is 4X that of BTC. Also the difficult adjusts 4X faster than BTC. ~scrypt conversion rates for AMD GPUs is 1/1000. So if you have a radeon 7970 it would hash scrypt at somewhere around 500 kh/s. |
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Is there any goods or services that can be exchanged for LTCs?
The sudden rush of ex-BTC mining capacity will just drive the difficulty up in LTC. But as there is still nothing you can buy for LTCs that will pretty quickly plunge the economy. Imagine it like a rare metal that is hard to mine but ultimately useless to possess. Like Wolfram 100 years ago.
I see a bunch of people selling silver coins and bars for LTC. https://bitcointalk.org/index.php?board=67.0 |
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OP...OP...OPPA...OOP...now its up, difficulty still rising how often does litecoin difficulty change? and i didn't know scrypt support for cgminer was so recent...< 1 month? geez if i had my rig working right on there id have the #9 spot on top miners Changes 2.5days. It's essentially 4X btc using scrypt hashing algo. |
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I've been looking around at GPU's to try and mine coins faster. I've been using the card that came in my pc, an Nvidia 9600 GS. Don't laugh, lol. I wanted to get an ATI HD 5830 or 5870 ( 300 Mh/s is better than the 9 Mh/s I have now), but I don't think it will fit in my pc. My computer is an HP Pavillion Elite m9000t. It has a small card in the slot above the PCI- E slot that seems to run the led's on the front of the PC. I could unplug it and do without the HDD light, but even still would the HD 5830 fit? I know it says it is 2.1 x 16 PCI- E. If not do any of you have any suggestions for something a little better than the 9600 GS that will fit?
Thanks in advance,
Warren
Get a 7750, you would not be disappointed. http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&N=100007709%20600286767%20600298541&IsNodeId=1&name=Radeon%20HD%207750 |
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Who overturned that piece of rock? |
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What a douche bag...
I meet many such cops regularly around my neighborhood. |
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BTW SEC Agent, where did you suddenly pop out from? |
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Why would a person who offers unregulated securities based mostly on ponzis close up shop once the SEC starts investigating related unregulated securities?
It is a mystery!
Oh okay, TLDR Nefario (GLBSE co-owner) claims SEC involvement with GLBSE. |
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Any news? I hear that the owner of GLBSE has defaulted. What did he default on? Why is he lawyered up?
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