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Author Topic: more profit GPU mining litecoins or BTC?  (Read 7148 times)
bitcon
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April 08, 2013, 09:12:21 AM
 #1

whats more profitable atm?


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mdude77
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April 08, 2013, 10:22:30 AM
 #2

whats more profitable atm?

I'm mostly ignorant about LTC.  However, BTC is at $164 now.  I find it hard to believe LTC is more profitable than BTC, especially when you have to have that memory ramped up to be effective.

M

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April 08, 2013, 10:23:58 AM
 #3

http://dustcoin.com/mining
tacotime
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April 08, 2013, 07:14:30 PM
 #4

LTC has been more profitable for the last 14 months except for about 2 weeks cumulatively where it dipped into the 90 percents.

Code:
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meebs
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April 09, 2013, 01:58:45 AM
 #5

whats more profitable atm?

I'm mostly ignorant about LTC.  However, BTC is at $164 now.  I find it hard to believe LTC is more profitable than BTC, especially when you have to have that memory ramped up to be effective.

M

the exact same hashing power will get you 1.88 BTC if you mine LTC and sell it in the same amount of time you will mine 1 BTC if you just mine it directly.


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meebs
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April 09, 2013, 01:59:27 AM
 #6

LTC has been more profitable for the last 14 months except for about 2 weeks cumulatively where it dipped into the 90 percents.

It is hard to comprehend how profitable LTC mining would have been for one that ONLY mined it say the last 6 months with even just 3 mh/s and never sold their stash.


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arklan
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April 09, 2013, 12:43:28 PM
 #7

hang on - really? 1btc mined directly, but 1.88 btc if ltc is mined and sold to btc? ...huh.
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April 10, 2013, 01:46:42 PM
 #8

People with BTC who sell for LTC.


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April 10, 2013, 07:48:35 PM
 #9

Keep in mind that a card doing 700MH/s doing BTC may not get 700KH/s doing LTC.  Some cards are just better than others for doing certain cryptos.  My 7970s make more BTC for me than doing LTC since I can't get them to 720KH even with Tacotime's settings and it uses a lot more energy to crank out a measly 600KH/s.

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April 11, 2013, 05:26:04 PM
 #10

I couldn't find too many metrics regarding scrypt performance.

It's an interesting challenge. I'm putting together a 4 ghz i5 miner with 16gb at least 1600MHz tied to two 7950's. It'll be interesting to see what rates I get. From most of the reports I've read it's from people switching weak-cpu GPU miner systems to scrypt, so I'm really interested to see what some serious memory bandwidth will do for me.
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April 13, 2013, 06:03:34 AM
 #11

I couldn't find too many metrics regarding scrypt performance.

It's an interesting challenge. I'm putting together a 4 ghz i5 miner with 16gb at least 1600MHz tied to two 7950's. It'll be interesting to see what rates I get. From most of the reports I've read it's from people switching weak-cpu GPU miner systems to scrypt, so I'm really interested to see what some serious memory bandwidth will do for me.
16 gb of ram is not going to do anything, we are talking VRAM.

Currently Mining: Litecoin, Xencoin, and Worldcoin (Just because its fun!, don't yell at me ;_;)
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April 13, 2013, 11:50:45 AM
 #12

LTC mining is like the darkside...  Cheesy

The three rigs I put together recently (one 2x7970, one 2x7950, one 2x5750 since I had the extra board lying around) can all produce a stable 2.8GH/s in moderate conditions for BTC.  For LTC, I can sometimes get up to ~2200 KH/s, but I get around 15% stale rate and my drivers and cards crash more often.  So alongside that 15% stale rate I also have around 10% downtime per day (unless I happen to go out and a rig freezes up), so we'll say roughly my one week experiment had me thinking "LTC is more profitable" at first... but at the end of the week I spent more time and frustration and in order to get what I would have with BTC I am sitting waiting for the exchange rate to get a little friendlier.

End of the story, LTC still has growing pains with network and pools, but until large scale ASIC deployments start hitting you can still make some BTC off of your hardware.

Then again, Utopia may strike and BTC maintains a steady price of $300/USD, in which case I'll be buying more hardware. Cheesy
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April 15, 2013, 02:46:31 AM
 #13

Keep in mind that a card doing 700MH/s doing BTC may not get 700KH/s doing LTC.  Some cards are just better than others for doing certain cryptos.  My 7970s make more BTC for me than doing LTC since I can't get them to 720KH even with Tacotime's settings and it uses a lot more energy to crank out a measly 600KH/s.

I persisted with the 7970 settings and finally I get 750+ from reference 7970 925 core clock

As long as they are not voltage locked just fiddle with the +/- 10-15% on Tacotimes settings and they will pop

I agree with power usage ...as there is no free lunch with LTC Cheesy


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April 15, 2013, 08:29:57 AM
 #14

The most profitable play *TODAY 4/15/2013* is buying coins at these prices - not mining hardware.

And yes, LTC is difficult to mine because its very hard on the cards, and getting 24/7 stable settings takes a lot of tweaking/cooling/luck/skill.

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April 16, 2013, 12:40:53 AM
 #15

Last night I decided to switch to LTC just for fun...  I agree with the above comments that LTC requires more skill/tinkering.  Each of my workers have different success with LTC and BTC -

Better at LTC:  my HD 7750s rip 175 kH/s in LTC but only 150 MH/s in BTC 
                     my CPU (obviously)

Better at BTC:  my CPU-embedded GPU thus far is better at mining BTC (63 MH/s) than LTC (43 kH/s), but I haven't played with the settings on this guy much...  I like the idea of having a little exposure to the BTC (~15% of my "work")

Overall, I'm making about double with the 7750s rippin LTC and I'm still minin' a 'lil BTC for the french-fried effect (Slush is in France, right?)

In summary, its fun to at least try mining each of them and see where you are at.

Rent out your rig for up to 100% more than you can mine http://tinyurl.com/lc5axo2
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April 16, 2013, 03:19:58 PM
 #16

I think that LTCs profitability lies in it's price.
Let's say you can mine say XLTC/day if you exchange that to BTC it is worth about the same money, depending on difficulty. BUT
What you want to hold when the price start to move upwards?

22 BTC or 1000 LTC?

Last time I traded LTC I bought 400 @ 0.44 USD, and it went up to 4.5$ That is tenfold.
BTC at a price of whatever it is now, ~65$ a pop needs to go to unrealistic highs to get the same return.

I say stick to LTC, because you can hoard more units and and wait for the price to start to climb.

Up until now the price of LTC was depending on BTC heavily. If you look at prices now, it seems that it started to separate from the effects of the BTC price.


Knowledge speaks, but wisdom listens...
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April 17, 2013, 11:20:54 PM
 #17

@szita2000 Where do you mine btw?
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April 18, 2013, 08:42:39 AM
 #18

LTC with the current exchange rate is about the same as BTC, maybe worse if you factor in the extra power.
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April 18, 2013, 09:26:21 AM
 #19

@szita2000 Where do you mine btw?
I was on Notroll, but it is not too reassuring that Nickasa don't have enought to pay out measily 10 LTCs, so I tried Give-Me-LTC, but the earnings was dissapointing.
So now I ended up on WeMineLTC.com.
I have to vouch for those guys as the earnings are spot on. If anything I think my earning there is a little higher than Notroll was.
They have the graphs and everything, so it is cool.


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April 21, 2013, 05:52:40 PM
 #20

What cpu in gpu is this? My i7 hd400 only does 12mh/s.

Last night I decided to switch to LTC just for fun...  I agree with the above comments that LTC requires more skill/tinkering.  Each of my workers have different success with LTC and BTC -

Better at LTC:  my HD 7750s rip 175 kH/s in LTC but only 150 MH/s in BTC 
                     my CPU (obviously)

Better at BTC:  my CPU-embedded GPU thus far is better at mining BTC (63 MH/s) than LTC (43 kH/s), but I haven't played with the settings on this guy much...  I like the idea of having a little exposure to the BTC (~15% of my "work")


Overall, I'm making about double with the 7750s rippin LTC and I'm still minin' a 'lil BTC for the french-fried effect (Slush is in France, right?)

In summary, its fun to at least try mining each of them and see where you are at.

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