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Author Topic: Is LTC more profitable for casual gpu miners?  (Read 491 times)
starships
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May 24, 2013, 12:57:58 AM
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I'm just wondering if I should switch over to LTC mining with my single 7950. I'm making about $70/month with the current prices, how could I calculate potential LTC earnings?
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Bakemono
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May 24, 2013, 02:16:50 AM
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Well you are between two volatile currencies that are really close right now in terms of mining profitability.
On top of that your hashing power is to small.
So i think the correct answer is : flip a coin.

The pool i m mining right now (coinotron.com) gives you an actual ltc/day estimation according to your kh/s.It helps.

BTC : 1Ct9opEdmq4ZuZmNQmhGBDcurrePFykTRt
LTC : LLqGtKpAdx6Ci8ZaSrvWG6WXfFF3mPK4V9
Kaepora
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May 24, 2013, 02:20:41 AM
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Hi,
the best Litecoin profit calculator can be found here:
http://ltc.kattare.com/calc.php

Just type in the info and it will tell you how much you will make including the cost of power and even hardware. Also maybe you want to try joining a smaller pool with less fees than coinotron.

Cant decide what to mine? Check here: http://www.wheretomine.com/
LTC & BTC Profit Calculator: http://ltc.kattare.com/calc.php | Coin to Coin Currency Converter: http://coins2coins.com/
Think you have a virus, keylogger or trojan use Malware Bytes Free: http://www.malwarebytes.org/products/
matuszed
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May 24, 2013, 02:52:03 AM
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Shouldn't the difficulty scale with the LTC/BTC cost? Or do people just not switch between LTC/BTC mining to capture the arb?

"Markets can remain irrational longer than you can remain solvent." -Keynes
kevindeangelis
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May 24, 2013, 05:13:22 AM
 #5

yes, depends on a number of factors (difficulty, coins allotted, etc.) I had a hard time keeping track, so I set up a little site yesterday to show dollar amounts earned by hardware hashing speeds.
I'm open to comments/suggestions about the site: http://www.WhereToMine.com
Hope it helps!

starships
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May 24, 2013, 09:52:19 PM
 #6

Thanks for all the responses. It does seem that the profit is about the same with either currency, I think I'll stick to BTC because it is more widely accepted (Humble Bundle accepting BTC now Shocked).
kenshin23
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May 24, 2013, 10:42:59 PM
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yes, depends on a number of factors (difficulty, coins allotted, etc.) I had a hard time keeping track, so I set up a little site yesterday to show dollar amounts earned by hardware hashing speeds.
I'm open to comments/suggestions about the site: http://www.WhereToMine.com
Hope it helps!
The site is currently down for me. Just letting you know.

Donations are very welcome! 1LJ7k5b71cYFrBVQ7zYSBJePZ7EuFBFr5a
Pyramining referral links: http://pyramining.com/referral/be4kfg2m7 | http://pyramining.com/referral/yghmk7r9f
Bitrated user: kenshin23.
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