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Author Topic: Cheap litecoin mining asic?  (Read 1067 times)
Jexy (OP)
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February 13, 2017, 10:51:15 AM
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Has anyone found cheap (£30-£50) litecoin mining. I am new to litecoin mining and right now im using a gpu(ik its not profitable.) I can only find hardware for bitcoins. Correct me if i am wrong but i don't think that would work.
eckmar
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February 13, 2017, 03:13:08 PM
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Has anyone found cheap (£30-£50) litecoin mining. I am new to litecoin mining and right now im using a gpu(ik its not profitable.) I can only find hardware for bitcoins. Correct me if i am wrong but i don't think that would work.

Litecoin is using scrypt algorithm. Scrypt miners are usually very expensive and even if you got one, almost every scrypt coin is more profitable to mine than litecoin
rotors
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February 13, 2017, 03:32:08 PM
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As eckmar said. You need expensive ASIC miners and almost every other Scrypt coin is more profitable than litecoin. What is your electricity price?
Jexy (OP)
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February 13, 2017, 06:23:07 PM
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Yeah i am just going to do bitcoins instead because i found loads of hardware that i can afford
anorganix
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February 13, 2017, 06:25:45 PM
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Make sure you do your math!
Stay away from (most) online calculators and try to understand difficulty change/volatility/demand/halving/electricity consumption before investing.

Your money, your choice.
Just make sure you are sure. Smiley

I will never send private messages with payment requests for my auctions. I only communicate transparently via the forum (not Telegram, Discord, Skype & others). Please be wary of scammers.
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