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tabnk (OP)
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December 22, 2013, 05:28:27 AM |
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Hi, I'm new to cryptocurrency and currently mining using a CPU on litecoin.  |
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Light
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December 22, 2013, 05:33:21 AM |
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I'm new to cryptocurrency and currently mining using a CPU on litecoin. First of all, welcome to the forum!  Next I would advise you not to bother CPU mining for Litecoins as you aren't going to make anything and in all likelihood either overheat or damage your hardware which isn't what you want. I would suggest that you look into the options of investing into miners if you wish to mine (depending on which coin you want) or possibly a buy and hold strategy regarding BTC. |
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tabnk (OP)
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December 22, 2013, 05:45:37 AM |
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I'm plan to buy a AMD R9 GPU to MINE but I'm not sure which coin is most suitable to mine right now. I'm new to cryptocurrency and currently mining using a CPU on litecoin. First of all, welcome to the forum! Next I would advise you not to bother CPU mining for Litecoins as you aren't going to make anything and in all likelihood either overheat or damage your hardware which isn't what you want. I would suggest that you look into the options of investing into miners if you wish to mine (depending on which coin you want) or possibly a buy and hold strategy regarding BTC. |
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sampathneo
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December 22, 2013, 05:49:25 AM |
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Welcome to the bitcointalk!  |
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Herschy
Member
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Activity: 121
Merit: 12
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December 22, 2013, 05:50:35 AM |
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Hello, Mining litecoin with a few gpu its not going to make you nothing, go with other altcoins. I am mining Casinocoin right now. Looks good Good luck |
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seteyr
Newbie
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Activity: 5
Merit: 0
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December 22, 2013, 06:23:49 AM |
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I just started mining doge, my pc wont support mining via GPU so I am stuck with mining on my crappy CPU
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yanq2
Newbie
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December 22, 2013, 06:29:01 AM |
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There are some CPU only coins like Protoshares. Maybe try one of them.
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tabnk (OP)
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December 22, 2013, 07:46:02 AM |
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Interesting... first time hearing this Casinocoin  Hello, Mining litecoin with a few gpu its not going to make you nothing, go with other altcoins. I am mining Casinocoin right now. Looks good Good luck |
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jonanon
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December 22, 2013, 08:49:28 AM |
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Good luck with your new venture - I would advise investing directly however, too much competition mining now!
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cybertfrogs
Newbie
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Activity: 6
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December 22, 2013, 09:30:16 AM |
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GPUs all the way!
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mprep
Global Moderator
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In a world of peaches, don't ask for apple sauce
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December 22, 2013, 09:53:16 AM |
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Good luck mining, although probably you won't make much with a CPU.
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infinitybo
Newbie
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Activity: 28
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December 23, 2013, 07:50:16 AM |
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@OP Mining LTC with a CPU gives you a very bad hash-rate therefore I wouldn't recommend it.
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Mikebrisboy
Newbie
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December 23, 2013, 09:37:59 AM |
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Another coin you could mine with a CPU is Quarkcoin. Otherwise plug some numbers into http://www.coinwarz.com/cryptocurrency and see which Scrypt based coins are profitable for your GPUs to mine. |
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tabnk (OP)
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December 23, 2013, 01:08:09 PM |
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Thank, it is good site. Another coin you could mine with a CPU is Quarkcoin. Otherwise plug some numbers into http://www.coinwarz.com/cryptocurrency and see which Scrypt based coins are profitable for your GPUs to mine. |
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