Same Hashing Power: Bitcoin or Litecoin?

[BitKid]

Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin?

[r3wt]

Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin?

bitcoin obviously.

litecoin- 1/100th efficiency of bitcoin because litecoin uses the inneficient scrypt algorithm. bitcoin: asics use far less power per m/h than do gpus. therefor bitcoin is more profitable. anyone who says otherwise is a waste of air.

[nobbynobbynoob]

Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin?

GPU: litecoin
ASIC: bitcoin

[zerotiu]

I myself prefer litecoin. ASIC hardwares are everywhere now and maybe the bitcoin difficulty will reach 200m by the end of this year.. or even higher

[mekanical]

novacoin yielding the most per hash power right now I believe.  You can use this to compare if you know what hash rates your getting with scrypt vs SHA256:

http://dustcoin.com/mining

[r3wt]

I myself prefer litecoin. ASIC hardwares are everywhere now and maybe the bitcoin difficulty will reach 200m by the end of this year.. or even higher

probably higher i would think

[shakezola]

Mine the currently most profitable coin, check on www.coinwarz.com .

Then sell for Bitcoin.

[panck4beer]

Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin?

You cant mine Bitcoin profitably anymore with GPU. Mining altcoins profitability depends on your electricity costs, check

http://dustcoin.com/mining

with your specs 

[patino11]

obviously bitcoin!

[BitKid]

When opinions differ widely, It's hard to conclude!

[deadjimmy]

When opinions differ widely, It's hard to conclude!

With the recent bitcoin diff jump to 149M gpu mining is a losing scenario.  Unless of course bitcoin to dollar value jumps.  At current conditions with btc at ~$128, my 2 7950s crunching away at about 1.3gh and using 500w+ power stand to generate about 0.0044btc daily.  Effectively that's generating $0.57 worth of btc on $.84 worth of power (power cost roughly 0.07/kWh). 

On the other hand I can generate 1 to 1.5LTC daily which according to btc-e's current ltc/btc exchange rate, 1.5LTC is worth about 0.028425btc.

[nahtnam]

Bitcoin... Because even if you get much less bitcoins than lite coins, 0.1 Bitcoin is still worth more than 100 ltc...

[buddrulez]

Bitcoin... Because even if you get much less bitcoins than lite coins, 0.1 Bitcoin is still worth more than 100 ltc...

You need to go back to school.mate 100 ltc is $300...

[nahtnam]

Bitcoin... Because even if you get much less bitcoins than lite coins, 0.1 Bitcoin is still worth more than 100 ltc...

You need to go back to school.mate 100 ltc is $300...

Holy shit... I should have invested in it! Last time I had checked, a ltc was 0.25 usd

[HyperBeam]

Bitcoin difficulty is increasing much more quickly than litecoin difficulty.

[agent13]

I am curious..

Market forces lead to Bitcoin ASICs. What would stop ASICs for Litecoin if it became profitable? If this happens, how is Litecoin then different from Bitcoin?