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Author Topic: LiteCoin mining for a noob  (Read 2800 times)
mihapiha (OP)
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May 04, 2013, 07:52:47 AM
 #21

My 7970 is running at around 600 kH/s, generating around .10 ltc per day.

33 LiteCoins are one Bitcoin (i believe) so it would take you nearly a year to mine with a 7970 to get to 1 bitcoin?
This makes no sense what so ever. I don't fully understand how this works yet, but I will let my folding farm mine for litecoins for a few days. I really want to know what happens if I put a real effort into it.

I have no doubt that it will not be worth the effort, but unless I really try it for a longer time, I will never know if this computer is any good for this purpose. Someone told me that litecoins are just better for CPU...
bimmerdriver
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May 04, 2013, 04:08:41 PM
 #22

My 7970 is running at around 600 kH/s, generating around .10 ltc per day.
I just started mining and I'm using wemineltc. It took approximately 66 hours or 2.75 days to generate 1 LTC. That works out to 0.36 LTC per day, from 200 kH/s. That amount is consistent with the "calculator" on the pool website. If your card is generating 3x the hash rate, you should be generating 1 LTC per day.
bimmerdriver
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May 04, 2013, 04:10:55 PM
 #23

My 7970 is running at around 600 kH/s, generating around .10 ltc per day.

33 LiteCoins are one Bitcoin (i believe) so it would take you nearly a year to mine with a 7970 to get to 1 bitcoin?
This makes no sense what so ever. I don't fully understand how this works yet, but I will let my folding farm mine for litecoins for a few days. I really want to know what happens if I put a real effort into it.

I have no doubt that it will not be worth the effort, but unless I really try it for a longer time, I will never know if this computer is any good for this purpose. Someone told me that litecoins are just better for CPU...

If you're suggesting that CPU is preferable for LTC, I disagree. It would take FOREVER to generate anything with a CPU. A GPU works better for LTC than BTC because of the use of scrypt, rather than just SHA256.
barrywu2013
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May 04, 2013, 04:44:21 PM
 #24

My 7970 is running at around 600 kH/s, generating around .10 ltc per day.

33 LiteCoins are one Bitcoin (i believe) so it would take you nearly a year to mine with a 7970 to get to 1 bitcoin?
This makes no sense what so ever. I don't fully understand how this works yet, but I will let my folding farm mine for litecoins for a few days. I really want to know what happens if I put a real effort into it.

I have no doubt that it will not be worth the effort, but unless I really try it for a longer time, I will never know if this computer is any good for this purpose. Someone told me that litecoins are just better for CPU...

If you're suggesting that CPU is preferable for LTC, I disagree. It would take FOREVER to generate anything with a CPU. A GPU works better for LTC than BTC because of the use of scrypt, rather than just SHA256.

I agree with bimmerdriver, as if you use your CPU to mine, you need a better cooling system for it since it heats up faster than a gpu mining at 70%

the cpu and motherboard will die easily if you continue to mine since the CPU is a "brain" while a GPU is a "worker"

let the worker do the stuff, let the brain do commands

 Cool

 Grin
mihapiha (OP)
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May 04, 2013, 04:56:22 PM
 #25

My 7970 is running at around 600 kH/s, generating around .10 ltc per day.

33 LiteCoins are one Bitcoin (i believe) so it would take you nearly a year to mine with a 7970 to get to 1 bitcoin?
This makes no sense what so ever. I don't fully understand how this works yet, but I will let my folding farm mine for litecoins for a few days. I really want to know what happens if I put a real effort into it.

I have no doubt that it will not be worth the effort, but unless I really try it for a longer time, I will never know if this computer is any good for this purpose. Someone told me that litecoins are just better for CPU...

If you're suggesting that CPU is preferable for LTC, I disagree. It would take FOREVER to generate anything with a CPU. A GPU works better for LTC than BTC because of the use of scrypt, rather than just SHA256.

You misunderstand. CPU based platforms I hear only benefit more from the litecoin inscriptions compared to Bitcoins.
That the GPU is better is completely obvious. But I really wanna know what happens... So I'll give it a go tomorrow Wink
yuyu123
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May 04, 2013, 05:14:09 PM
 #26

My 7970 is running at around 600 kH/s, generating around .10 ltc per day.

33 LiteCoins are one Bitcoin (i believe) so it would take you nearly a year to mine with a 7970 to get to 1 bitcoin?
This makes no sense what so ever. I don't fully understand how this works yet, but I will let my folding farm mine for litecoins for a few days. I really want to know what happens if I put a real effort into it.

I have no doubt that it will not be worth the effort, but unless I really try it for a longer time, I will never know if this computer is any good for this purpose. Someone told me that litecoins are just better for CPU...

If you're suggesting that CPU is preferable for LTC, I disagree. It would take FOREVER to generate anything with a CPU. A GPU works better for LTC than BTC because of the use of scrypt, rather than just SHA256.

You misunderstand. CPU based platforms I hear only benefit more from the litecoin inscriptions compared to Bitcoins.
That the GPU is better is completely obvious. But I really wanna know what happens... So I'll give it a go tomorrow Wink

good luck
mihapiha (OP)
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May 04, 2013, 06:22:48 PM
 #27

Not too bad:

http://abload.de/img/bildschirmfotovom2013vhuyu.png

250kHash/s for a CPU based mining computer has to be quite impressive.... Smiley
mihapiha (OP)
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May 05, 2013, 08:05:30 AM
 #28

Damn. The CPU remains at 1.8 GHz. Sad

It should be at 2.5. I suppose if I get the CPU running like it should I'd be at 350 Khash/s
mihapiha (OP)
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May 05, 2013, 10:50:48 AM
 #29

A little fun update Smiley Windows overclocked and still only 240 kHash/s Smiley

http://abload.de/img/fun1atue1.jpg

At least I cracked a few nice benchmark scores with that frequency if nothing else
Collectrix
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May 05, 2013, 12:16:58 PM
 #30

Just an fyi, mining anything with a CPU is several orders of magnitude less efficient/effective than any GPU.  You can literally run a BTC/LTC mining rig with an older single core processor and not diminish the results.  GPU = god.
mihapiha (OP)
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May 06, 2013, 11:39:32 AM
 #31

It seems so, indeed.

The litecoin thing isn't the solution I was looking for. I was kinda thinking that the 48 cores @ 2.5 GHz could do something. They crush anything CPU based..

I mean check this out: http://youtu.be/tZzLPOWoVbU
archimedesmp
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May 06, 2013, 11:48:50 AM
 #32

Nice machine man Smiley
But I am afraid even for what you use it usually, programming a GPU might be faster (but, depending on your memory requirements, you might want to take a look at a nVidia Titan or an equivalent AMD card).

One other note:
You might want to compare that performance to linux. When I use x264 for encoding on my Xeon the performance gain is close to 10% Wink
bobtlk
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May 06, 2013, 01:44:27 PM
 #33

Interesting thread!
mihapiha (OP)
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May 06, 2013, 05:51:12 PM
 #34

Nice machine man Smiley
But I am afraid even for what you use it usually, programming a GPU might be faster (but, depending on your memory requirements, you might want to take a look at a nVidia Titan or an equivalent AMD card).

One other note:
You might want to compare that performance to linux. When I use x264 for encoding on my Xeon the performance gain is close to 10% Wink

Actually I was trying to sell that rig for the good part of May, and I didn't manage to get a buyer at a price I consider normal for a computer of this magnitude. To be fair, it really is a niche product, and obviously it's hard to get a buyer either way. But since I kinda stopped selling it. I don't see any reason to sell it off cheap, especially considering it's performance level in CPU based applications. It just crushes anything else in Folding@Home basically. And thats what it was originally meant to do. I just figured I'd give something else a shot, and check out if I like the "new" numbers. But in this case I really don't.

I will try to find something to do with it, and if I cannot it will maintain folding for a while.

Originally my idea was to make it run Windows and to make it run with a real 3D-capable graphic card in there. the HD4870 I have in there (an old card which is a bit damaged too), was merely to make it possible to test it. But I can't even start any 3D application because there are no drivers for Windows Server. And I haven't had luck finding in google a way to make AMD HD cards run in Windows Server. If I could make it run, I'd want to know how the CPUs would handle 3DMark, and with that I'd know if it be worth buying a GTX 660 ti or HD7950 so I could play games on that computer if I feel like it. Right now I don't have a PC besides this one. Only a MacBook pro I use 24/7....
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