Bitcoin Forum
December 17, 2017, 01:57:29 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Mining LTC instead of BTC?  (Read 326 times)
thebigjc
Newbie
*
Offline Offline

Activity: 3


View Profile
April 21, 2013, 03:16:55 PM
 #1

Reading through the Mining forums, I see more and more people talking about mining LTC instead of BTC on their GPUs. I assume this is because they are concerned BTC will be swamped with ASICs as the Avalons (and others) of the world roll their chips out, but I haven't read a good summary of why anyone would expect LTC to be more profitable than BTC to mine anytime soon.

Can anyone explain (or point to) the upside on LTC vs. BTC? It seems like liquidity alone would make this a bad idea.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513519049
Hero Member
*
Offline Offline

Posts: 1513519049

View Profile Personal Message (Offline)

Ignore
1513519049
Reply with quote  #2

1513519049
Report to moderator
1513519049
Hero Member
*
Offline Offline

Posts: 1513519049

View Profile Personal Message (Offline)

Ignore
1513519049
Reply with quote  #2

1513519049
Report to moderator
1513519049
Hero Member
*
Offline Offline

Posts: 1513519049

View Profile Personal Message (Offline)

Ignore
1513519049
Reply with quote  #2

1513519049
Report to moderator
thebigjc
Newbie
*
Offline Offline

Activity: 3


View Profile
April 21, 2013, 03:51:18 PM
 #2

Looking around more I found my own answer:

http://www.reddit.com/r/litecoin/comments/1bbfdc/will_mining_litecoins_make_me_more_money_than/
triciam
Newbie
*
Offline Offline

Activity: 26



View Profile WWW
April 21, 2013, 03:55:01 PM
 #3

The higher difficulty on BTC, makes mining LTC more profitable right now. At least it does for me at my hash rates.

This site helps you see the profitability: http://dustcoin.com/mining

For LTC market data, check out: http://cryptochart.com

Looking for market information for Litecoin and Bitcoin? Try http://www.cryptochart.com
Donations are always welcome:
LTC: LbFLmjqJmQpdzZC9XrAqqF8FRJeVySMpjm - BTC:17SLHQmzetbYZX6SkAf7U5bXsee5VbsARo
angelafairie
Newbie
*
Offline Offline

Activity: 14


View Profile
April 21, 2013, 04:00:53 PM
 #4

BTC is getting harder to mine. If you have a general computer, it maybe better to mine ltc and trade it for btc.
Abo Adamson
Newbie
*
Offline Offline

Activity: 11


View Profile
April 21, 2013, 04:02:18 PM
 #5

Reading through the Mining forums, I see more and more people talking about mining LTC instead of BTC on their GPUs. I assume this is because they are concerned BTC will be swamped with ASICs as the Avalons (and others) of the world roll their chips out, but I haven't read a good summary of why anyone would expect LTC to be more profitable than BTC to mine anytime soon.

Can anyone explain (or point to) the upside on LTC vs. BTC? It seems like liquidity alone would make this a bad idea.
It's better to use 75% BTC and 25% LTC
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!