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Author Topic: Anyone want to mine litecoinon my account?  (Read 802 times)
Carterwyang (OP)
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January 17, 2014, 09:34:38 PM
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I'm seeking some help, I'm wondering if anyone would like to help me mine litecoins by mining on my account
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gondel
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January 18, 2014, 08:33:09 AM
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What exactly do you need? Please PM me  Cool
mulatti101
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February 01, 2014, 11:39:52 PM
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Could you explain this more to us?
Carterwyang (OP)
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February 03, 2014, 01:42:15 AM
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Could you explain this more to us?

well simple put, i'd make a miner for you from my account in a litecoin pool, then send you the necessary software to mine with depending on if you'd be mining with your cpu or gpu, then all you'd have to do then is mine and you'd be earning litecoins much quicker than if you were mining alone
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February 05, 2014, 06:45:58 PM
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Could you explain this more to us?

well simple put, i'd make a miner for you from my account in a litecoin pool, then send you the necessary software to mine with depending on if you'd be mining with your cpu or gpu, then all you'd have to do then is mine and you'd be earning litecoins much quicker than if you were mining alone

So, you want us to point our hashrate to your account, right?
How would I earn LTC much quicker then?
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February 05, 2014, 07:02:02 PM
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i am selling my jr member btctalk account for .01 btc, limited time only! before i turn into a Full Member!
Sonny
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February 05, 2014, 07:05:06 PM
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i am selling my jr member btctalk account for .01 btc, limited time only! before i turn into a Full Member!

Dude, don't hijack this thread.
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February 05, 2014, 07:06:15 PM
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i am selling my jr member btctalk account for .01 btc, limited time only! before i turn into a Full Member!

Dude, don't hijack this thread.
sorry
Carterwyang (OP)
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February 05, 2014, 09:31:48 PM
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hijackers smh, anyways because it's a mining network all pointing to one account the combined hash rate will be greater than what you would be getting by mining in the pool alone, so you'd earn ltcs much quicker
Sonny
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February 07, 2014, 08:39:09 PM
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anyways because it's a mining network all pointing to one account the combined hash rate will be greater than what you would be getting by mining in the pool alone, so you'd earn ltcs much quicker

Too bad, your understand on pool mining is wrong.....
This will only decrease the variance, but the expected revenue will still be the same.
Carterwyang (OP)
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February 07, 2014, 11:58:39 PM
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hmm so you're saying it would be better to mine solo with all hose computers on the network?
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February 08, 2014, 12:31:41 AM
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well simple put, i'd make a miner for you from my account in a litecoin pool, then send you the necessary software to mine with depending on if you'd be mining with your cpu or gpu, then all you'd have to do then is mine and you'd be earning litecoins much quicker than if you were mining alone

So, you want us to point our hashrate to your account, right?
How would I earn LTC much quicker then?

anyways because it's a mining network all pointing to one account the combined hash rate will be greater than what you would be getting by mining in the pool alone, so you'd earn ltcs much quicker

hmm so you're saying it would be better to mine solo with all hose computers on the network?

I have never asked anyone to do solo-mining.
Indeed, I am comparing "each person do pool-mining themselves" and "everyone direct their hashrate to your account to do pool-mining as one entity".

I am telling you the expected revenue will be the same, but the variance will be just a little bit lower.


Of course, the expected revenue for solo-mining will still be the same, but the variance will be so huge that you could probably never receive anything for weeks.
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