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Graysomeone (OP)
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December 14, 2012, 04:19:00 PM
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Which is better to pool mine bitcoin or litecoin (or something else)?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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December 18, 2012, 01:33:11 PM
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I'd say using a pool is a good idea with any cryptocurrency mining. At least you have a steady income.

If you're trying to decide which coin to mine, well that's a little more complicated. It all depends on how much risk you are willing to take.
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December 18, 2012, 01:44:51 PM
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Variables affect the answer you are looking for.

Do you pay for electricity?
Do you believe LTC could go up in value soon compared the the value of BTC as of now, which is £8+ and seems to rise every month ?
Are you profitable mining currently?
Do you have to choose?
Do you know how to mine LTC already?
Do you have the equipment (most miners would already)?

I'd say stick with BTC for the meantime and then if you pick up any hashing power soon then i'd point that towards a litecoin pool maybe.
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