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Question: What is the best way to mine litecoins.. since they are scrypt can gpus mine them just like btc?
CPU - 0 (0%)
GPU - 11 (100%)
Total Voters: 11

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Author Topic: Mining LTC options  (Read 911 times)
DangerDav369 (OP)
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May 05, 2013, 03:49:57 PM
 #1

What is the best way to mine litecoins.. since they are scrypt can gpus mine them just like btc?
Rannasha
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May 05, 2013, 03:56:32 PM
 #2

Use GPUs to mine LTC (or its scrypt-clones). You could use a CPU, but it's not worth the effort, since GPUs are just that much more effective.

cgminer (with the --scrypt flag) will do the trick for AMD cards, cudaminer for Nvidia cards.
Arcas
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May 05, 2013, 03:57:28 PM
 #3

What is the best way to mine litecoins.. since they are scrypt can gpus mine them just like btc?
Yes, GPUs are still more effective than CPUs for scrypt mining. You can use a miner like cgminer to mine them, just enter your litecoin pool info.
baconcooledcomputer
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May 05, 2013, 04:50:54 PM
 #4

GPUs are much faster and efficient. However, due to the nature of the scrypt algo, the gap between CPUs and GPUs should be smaller.
escrow.ms
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May 05, 2013, 04:53:37 PM
 #5

GPU mining Smiley
 CPU mining is just a waste.
Deathwing
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May 05, 2013, 04:54:30 PM
 #6

Get some GPU machine up and running or just buy BTC.
sharperknife
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May 05, 2013, 05:27:07 PM
 #7

 Make sure you have a very powerful rig.
markyminer
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May 05, 2013, 05:44:50 PM
 #8

What is the best way to mine litecoins.. since they are scrypt can gpus mine them just like btc?

Yes. FPGA and ASIC can't currently mine scrypt as it's very memory and energy/heat heavy. Personally I think AMD will always outpace scrypt FPGA and ASIC development just as byproduct of gaming on a $/k/h basis.

Some are looking now to develop FPGA's for scrypt but I think by the time they get it to market AMD will have HD 9000 series out with x4 the amount of shaders as now and 50% less power consumption.

M

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jetset220
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May 05, 2013, 06:32:53 PM
 #9

can you walk into best buy and get everything you need to mine approx 2 btc's worth of coins per day?
baconcooledcomputer
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May 05, 2013, 07:06:14 PM
 #10

can you walk into best buy and get everything you need to mine approx 2 btc's worth of coins per day?

If you call them and tell them to place a huge order ;-P
jetset220
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May 05, 2013, 07:08:24 PM
 #11

can you walk into best buy and get everything you need to mine approx 2 btc's worth of coins per day?

If you call them and tell them to place a huge order ;-P

how big and what units?
boor
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May 05, 2013, 07:14:43 PM
 #12

gpu for sure.
clickme
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May 05, 2013, 07:30:25 PM
 #13

can you walk into best buy and get everything you need to mine approx 2 btc's worth of coins per day?

Lots and lots and lots of GPU's, motherboards, cpu, psu's and ram
BitshireHashaway
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May 05, 2013, 08:00:07 PM
 #14

GPUs are by far the best way to mine LTC coins. Compared to CPU, GPU is more efficient per watt and per dollar. Plus you can put 3+ GPU in a lower end but not to shabby motherboard, there are no lower end or even mid/high end mother boards I know of where you can put 3+ CPU, 2 seems to be the max for many, unless you start looking into servers and even there 2 is pretty close to the max.
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