Litecoin AntMiner S7

[AkaSnake]

Hello guys! I am looking into mining Litecoins with the AntMiner S7 most likely by pooling unless doing it alone would be better but I think pooling will be more at my advantage, right?

Another question I have, with the AntMiner S7 which the advertised capacity is 4.73 Th/s, how long would it take me to mine 1 litecoin , approximately? I couldn't find the information, thank you!

Any tips welcome

[BitcoinboyBlog]

With the antminer S7, you can't mine anything except for Bitcoins, sadly. In order to mine litecoin, you need to but the Antminer L3

[AkaSnake]

Oh damn, I wasn't aware of that! Thank you for the information .

I have a GTX 970 for my GPU, is the Antminer L3 still more profitable? Is it the best litecoin mining hardware out there?

[BitcoinboyBlog]

Yes it is definitely the most profitable hardware out there. Last time I checked, It is about $350 usd per month right now

[AkaSnake]

Around $350 USD per month profits?

[BitcoinboyBlog]

Yes $350 USD profit. It used to be way higher, but unfortunately, as mining goes, it goes down in profitability

[AkaSnake]

I see, that's pretty good. Well that is if there is not a boost in litecoins just like what happened with bitcoins, i'm pretty sure it's heading this way :p

[BitcoinboyBlog]

Yeah we can only hope

[AkaSnake]

Would it be profitable to mine with my GTX 970 in the meantime with Litecoin Core? How long would it take me to have like 1 litecoin?

[BitcoinboyBlog]

It would most likely be profitable. Do you know what hashrate it gets? It would probably take a while though

[AkaSnake]

I'll have to test it out again, I forgot

[BitcoinboyBlog]

Let me know when you get it

[AkaSnake]

I'm gonna make a new post to have some help regarding that.