Is it worth using gpu or cpu to mine litecoin?

[almirfiorio]

Dear Friends


how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin?

thanks
Almir

[1714697603]

1714697603

[elite3000]

https://www.cryptocompare.com/mining/calculator/ltc

do your math, probably won't be the best choice

[almirfiorio]

https://www.cryptocompare.com/mining/calculator/ltc

do your math, probably won't be the best choice

the gpu can do how many mh/s per month ?
And cpu ?

[marketprice]

You're better off just buying and holding LTC

[almirfiorio]

hmnmmmm, gpu can not hash greast values of lt?
how im can test in my pc ?

You're better off just buying and holding LTC

[Red-Apple]

hmnmmmm, gpu can not hash greast values of lt?
how im can test in my pc ?

i was reading the mining board the other day and some people were suggesting the nicehash calculator. but since you have to download a binary and install it i didn't trust it and i was just gathering information anyways.
but if you are interested first research to see if it is safe then test it:
https://www.nicehash.com/?p=calc

edit: here is the mining board by the way: https://bitcointalk.org/index.php?board=160.0

[almirfiorio]

i was reading the mining board the other day and some people were suggesting the nicehash calculator. but since you have to download a binary and install it i didn't trust it and i was just gathering information anyways.
but if you are interested first research to see if it is safe then test it:
https://www.nicehash.com/?p=calc

edit: here is the mining board by the way: https://bitcointalk.org/index.php?board=160.0

Where can I see how many $ nicehash can afford me?

Can I get more money using the nicehash than mining at home using my pc in a pool?

[ice098]

Dear Friends


how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin?

thanks
Almir

try using gpu like nvidia 10series, i have a friend who is using that video card he said yes it is a bit costly or expensive but it is worth buying for because he can easily get the money that he used because the gpu that he has been using is good. but both is good, it depends on you.

[yonghongtang]

Dear Friends


how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin?

thanks
Almir

GPU for sure,LTC is a gpu mining coin .

[almirfiorio]

Dear Friends


how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin?

thanks
Almir

GPU for sure,LTC is a gpu mining coin .

What will give me more winnings?

I will get more money using my pc with nicehash or at home using my GPU in a pool?

[Vivisector999]

Not really worth it to mine LTC with GPU, and not at all worth it to mine with CPU.  Don't even try.  If you really want to mine Scrypt coins via GPU, there are a number you can try that will pay out more, but still not enough to cover the Electricity.  Only way it makes sense is if you get electricity for free.


For that calculator, the Speed a decent GPU usually mines LTC (Scrypt) is around 1 Mh/s  more or less.  The power used is around 350W

There are a number of coins that you can mine with GPU like Sia Coin, Etherium ect.  Things with different hash types than Scrypt and SHA-256.  

For reference, I have 2 old Gridseed Scrypt ASIC Miners left over, that hash at about 800 kh/s, so a bit less than a decent GPU.  Mining alt Scrypt coins, I can pull in about $0.10 a day.  They nice thing is they only use 7 W, so they are still making money.  On a large coin like LTC, I would expect that to drop to around the $0.02 - $0.03 a day range.   Plus with the price of Electricity, I would expect that to be in the $0.75 range, so you would be losing money each day.

[Vaslime]

Dear Friends


how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin?

thanks
Almir

if you want to try Litecoin mining you want to look out for this  Antminer L3+, 504MH/s for $1900 it will  profitable for now but soon as the difficulty increases your profit decreases just like all the coin that has been mined. For now it will be profitable and take the online calculator to do the math. 
https://www.cryptocompare.com/mining/calculator/ltc

[PrinceofPersia994]

Litecoin is mined with asics these days, not gpu. Sooner or later, all altcoins will be mined by asics.

[concept2]

No it is not worth because the number of people who are mining litecoin is very high and if you use GPU or cpu to mine, you can never make a good profit with it. Try to buy the L3 antminer because they have set up a suitable algorithm which will help you to earn a good amount of litecoin every month.

[Cassie.Jill]

this is not worth it at all, but you'd like to do it, it's cool and unprofitable

[asepsetiawan1990]

Mining Litecoin is not as difficult as BTC because the difficulty level is still small, why small? Because ASIC miner can not participate in mining in LTC because the programming is not yet available. Currently available for mining in LTC is GPU and Processor. But I think it's better to use GPU. Because GPU can be added a lot in 1 pc

[Vivisector999]

Mining Litecoin is not as difficult as BTC because the difficulty level is still small, why small? Because ASIC miner can not participate in mining in LTC because the programming is not yet available. Currently available for mining in LTC is GPU and Processor. But I think it's better to use GPU. Because GPU can be added a lot in 1 pc

What are you talking about???  lol.  ASIC Scrypt (LTC) miners have been available for almost 2 years now.

[FrankNoland]

I would say GPU, for me it works better than CPU

[stripykitteh]

https://www.cryptocompare.com/mining/calculator/ltc

do your math, probably won't be the best choice

If there was even a small possibility of making money through mining Bitcoin with a CPU then there would be a bunch of people doing it. I wouldn’t do it since the difficulty for that is very high, you would need to purchase a bunch of computers in order to get up to a tiny percent chance for staying up with the competition. Thanks for the link, although the calculation might not be accurate, it will give you an view on how much money you would need to spend in order to be a competitor.

[savon2k]

I thought ltc is a $btc alike coin and is only mined by CPU? Am I wrong ?  Why is btc not being mined on gpus 🤔 Confused