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Author Topic: will LTC miners move to BTC now  (Read 778 times)
anderl
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May 11, 2013, 09:03:10 AM
 #1

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC?  Coinchoose reports that LTC is now a few points less profitable than BTC.
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May 11, 2013, 09:08:40 AM
 #2

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC?  Coinchoose reports that LTC is now a few points less profitable than BTC.

in short term or for miner for profit yes
in long term no




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TradeFortress
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May 11, 2013, 09:11:05 AM
 #3

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC?  Coinchoose reports that LTC is now a few points less profitable than BTC.

in short term or for miner for profit yes
in long term no
LOL, you seriously think people are going to go "I support litecoin even through it's so outdated and there's no active development going on!"
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May 11, 2013, 09:38:28 AM
 #4

Bitcoin diff is going up tomorrow, so no. There are other alt-coins that are reporting higher profit margins than either BTC or LTC that will likely soak up some of the hashes from LTC until the diff drops again.
swordfish6975
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May 11, 2013, 10:08:23 AM
 #5

im going to stay on LTC for a while..

to many altcoins imo that have a short term profitability im in this for the long term

scrypt coins are where its at for GPUs imo and LTC is largest one of them

when my BFL finally shows I will do bo0ht BTC and LTC

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May 11, 2013, 11:00:13 AM
 #6

I will still mine LTC even if there will be 50% less profit than BTC, there is a future for it , I just wish if there would be more developers involved .
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May 11, 2013, 11:25:14 AM
 #7

Now that the difficulty is set to 596.887 will LTC miners move to mining BTC?  Coinchoose reports that LTC is now a few points less profitable than BTC.

seigniorage, mining now may not be as profitable, but this does not mean you can't sell what you do get for a greater profit that you could mining BTC now.

So some miners will take the long view some wont. Further ASICS are comming and they will force GPU's out, so a scrypt coins will be mined by a large base

Also where had Coblee and LTC dev gone???

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