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Author Topic: Is it still a good idea to start litecoin mining?  (Read 688 times)
pixel
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April 03, 2013, 03:42:55 AM
 #1

Title states it, is it a good idea? With these raising prices. (I don't pay electricity)

Currently Mining: Litecoin, Xencoin, and Worldcoin (Just because its fun!, don't yell at me ;_;)
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goxed
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April 03, 2013, 03:44:23 AM
 #2

yes! whenever return time frame is around 3 - 6months it's very profitable.

Looking to review Bitcoin / Crypto mining Hardware.
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April 03, 2013, 03:51:33 AM
 #3

There is no one-size-fits-all answer. Pixel says yes, but he doesn't know anything about you, so he really doesn't know. You need to figure out the numbers for yourself. If you can't do that, then you shouldn't be mining because you need to know if you are making money or losing money as the situation changes.

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April 03, 2013, 04:20:39 AM
 #4

There is no one-size-fits-all answer. Pixel says yes, but he doesn't know anything about you, so he really doesn't know. You need to figure out the numbers for yourself. If you can't do that, then you shouldn't be mining because you need to know if you are making money or losing money as the situation changes.

Difficulty will skyrocket soon, you can't rely on current profitability ratios for any timeframe outside the next few days.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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