Bitcoin vs Litecoin mining, earnings relation (very strange)

[aesma]

I have 3 R9 280x cards still back ordered from November.

The cards that are trickling in are only allowing the network to increase incrementally...

Interesting. Here in France you can get any card you want (that are still being manufactured, 7950 are more difficult but still available), and more importantly, at the normal prices, and at reputable shops. For example 240€ for a 280X and 330€ for a R9 290 (these prices includes 20% VAT).

[Lauda]

I have 3 R9 280x cards still back ordered from November.

The cards that are trickling in are only allowing the network to increase incrementally...

Interesting. Here in France you can get any card you want (that are still being manufactured, 7950 are more difficult but still available), and more importantly, at the normal prices, and at reputable shops. For example 240€ for a 280X and 330€ for a R9 290 (these prices includes 20% VAT).

That is quite cheap for Europe, just compare prices with amazon.at. You think you can get any card but that is incorrect. I saw r9 270x cards listed on a local site by many shops. I've contacted more than 5 to find out that they are out of stock..
Mining litecoin is higher, correct, the earnings from mining bitcoin should be higher, but sadly they are not.

[ljudotina]

1) Why would anyone mine LTC when there are way more profitable SCRYPT coins available. Mine them and than buy LTC if your so hot about LTC
2) After you'r done mining, you still have Graphic card which you can use for gaming or SELL. After you'r done with BTC mining you can wipe your ...you know what... with ASIC

[El Dude]

1) Why would anyone mine LTC when there are way more profitable SCRYPT coins available. Mine them and than buy LTC if your so hot about LTC
2) After you'r done mining, you still have Graphic card which you can use for gaming or SELL. After you'r done with BTC mining you can wipe your ...you know what... with ASIC

Because people don't wanna be left holding the bag when that SCRYPT clone coin collapses.

[Lauda]

1) Why would anyone mine LTC when there are way more profitable SCRYPT coins available. Mine them and than buy LTC if your so hot about LTC
2) After you'r done mining, you still have Graphic card which you can use for gaming or SELL. After you'r done with BTC mining you can wipe your ...you know what... with ASIC

Because people don't wanna be left holding the bag when that SCRYPT clone coin collapses.

High risk, high profit.
Whoever had doge before the 2000% price increase in 1 day earned quite a lot. This isn't for weak hands.
On the other hand you can set auto payout and auto sell and get rid of the altcoin quickly.

[ahmedjadoon]

This relation is really strange.Thanks for info

[igorr]

This relation is really strange.Thanks for info

I just warning at the time.

and check this,
the price on BTC-e 102 usd 

Check,
View Screen Captu

[ljudotina]

1) Why would anyone mine LTC when there are way more profitable SCRYPT coins available. Mine them and than buy LTC if your so hot about LTC
2) After you'r done mining, you still have Graphic card which you can use for gaming or SELL. After you'r done with BTC mining you can wipe your ...you know what... with ASIC

Because people don't wanna be left holding the bag when that SCRYPT clone coin collapses.

Which can happen only if they are really lazy and / or stupid. You can resell "that clone" to BTC or LTC few time a day or set it up automaticly to execute once a day. If you loose, you loose 1 day of mining. Even those autoswitching, auto btc converting pools earn more than just mining LTC, so there is really no excause whatsoever.

[aesma]

Mining dificulty and crypto price are not tied as much as you would like to think. There are MANY other reasons why BTC is more valuable (for now) than LTC.

The main reason is artificially raising prices and popularity of manufacturer BTC mining hardware !

The ratio betwen BTC and LTC mining, of Invested money / Earned Money is about 5500x
0.22 cents per 1Gh at 24h / 0.004 cents per 1Kh at 24H.

The ratio betwen bitcoin and litecoin, Invested money / Earned Money should be 1:1,  not 1:5500

The main reason is that some people use bitcoins for real transactions, while nobody uses LTC.