LTC vs BTC Mining

[cbad]

Given all the ASICs coming on board over the last few months, building a GPU miner for BTC seems like a hard sell given the difficulty and hashrate of the network.  But is there still opportunity in GPU mining LTC since there isn't an ASIC-effect yet?  Are there any good calculators to determine profit for LTC?

[ltcdice]

http://dustcoin.com/mining

[dan99]

Hey, You have some great information on the comparisons between all the crytocoins on the degree of difficulty, does this account for ASIC bitcoin hardware? do you know any hardware that is faster than the reaper for mining litecoin.?

[ltcdice]

Also came across this:

http://litecoinminingcalculator.com/index.php?khs=500&diff=100.54392252&cdiff=100.54392252&fee=0

[balistick]

Also came across this:

http://litecoinminingcalculator.com/index.php?khs=500&diff=100.54392252&cdiff=100.54392252&fee=0

Thank you ! I was searching for a web calculator with a difficulty setting

[Tekkna]

Wait, terracoin et al. are using SHA256? Does this mean you can mine them with ASICS?

[ltcdice]

Correct.  And recently someone put an ASIC on TRC causing difficulty to jump so high, so that when they have pulled it, the network stalled producing confirmation blocks every few hours... 

TRC will be highly susceptible to ASICs and large miners until it's mining network grows at least past few gigahashes.

[cbad]

http://dustcoin.com/mining

Also came across this:

http://litecoinminingcalculator.com/index.php?khs=500&diff=100.54392252&cdiff=100.54392252&fee=0

Awesome!  I haven't seen these.  Thanks. 

Should I be using something like http://www.extreme.outervision.com/psucalculatorlite.jsp to determine wattage?

[dragon2nd]

Given all the ASICs coming on board over the last few months, building a GPU miner for BTC seems like a hard sell given the difficulty and hashrate of the network.  But is there still opportunity in GPU mining LTC since there isn't an ASIC-effect yet?  Are there any good calculators to determine profit for LTC?

http://www.litecoinpool.org/calc

ASIC for LTC will not appear unless LTC becomes as successful as BTC.

[thesnoo23]

Given all the ASICs coming on board over the last few months, building a GPU miner for BTC seems like a hard sell given the difficulty and hashrate of the network.  But is there still opportunity in GPU mining LTC since there isn't an ASIC-effect yet?  Are there any good calculators to determine profit for LTC?

http://www.litecoinpool.org/calc

ASIC for LTC will not appear unless LTC becomes as successful as BTC.

LTC ASIC's will appear when it becomes profitable for someone to design, manufacture, and sell an LTC ASIC

[josh4580]

Given all the ASICs coming on board over the last few months, building a GPU miner for BTC seems like a hard sell given the difficulty and hashrate of the network.  But is there still opportunity in GPU mining LTC since there isn't an ASIC-effect yet?  Are there any good calculators to determine profit for LTC?

http://www.litecoinpool.org/calc

ASIC for LTC will not appear unless LTC becomes as successful as BTC.

LTC ASIC's will appear when it becomes profitable for someone to design, manufacture, and sell an LTC ASIC

test

[sagiko]

Yes, ASIC will arrive in LTC once BTC's demand is met..

[cbad]

http://www.litecoinpool.org/calc

ASIC for LTC will not appear unless LTC becomes as successful as BTC.

LTC ASIC's will appear when it becomes profitable for someone to design, manufacture, and sell an LTC ASIC

I agree with both - one leads to the other.  I think only a critical failure of BTC will stop the ASICs from coming out.

Yes, ASIC will arrive in LTC once BTC's demand is met..

What demand are you speaking of specifically?  The demand for ASICs miners?  The public's demand for BTC?  All of the above?   

[Pythonideus]

I thought ASIC's were just a scam?

[Behemot]

Been watching the situation lately a bit, according to some LTC calculators (and according to a while in LTC pool with three K10 CPU cores @3,5 GHz despite all the DDoS) LTC may give me a bit more than BTC (mining in slush's pool ATM). Not mentioning the price volatility in BTC when the big ASIC batches hit the public in the mid of this month.

[Neried]

I thought ASIC's were just a scam?

They're not a scam, they'll work quite excellently once they are produced. The only question now is whether the companies that have sold preorders and promised to deliver ASICs will actually do it. That's where the scam comes in.

[Behemot]

First 300pcs of AVALON should be there for several months already, second batch with 600 pcs should come on april 15th IIRC.

What about BFL, who knows, they delay it constantly, latest report states something about mid of april as well, so my personal estimae is end of april And it also seems their first batch has some higher-than-specified power consumption issues. So ppl will either take them right away and make less because of electricity bills, or take then later when they fix it and get fraction because of later network hashrate and difficulty.

[gchil0]

ASICs will definitely change the game when they appear in quantity.  They are just a few months behind.