Bitcoin Forum
November 10, 2024, 05:17:14 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: MINING LITECOINS  (Read 497 times)
twistelaar (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile
January 28, 2014, 05:25:04 AM
 #1

Hey people, If I want to start mining litecoins from lets say next monday, and I want to make sure I mine 8 coins a day, 8 months long.. how much do I need to invest in Hardware? thanks a lot
breakbeater
Sr. Member
****
Offline Offline

Activity: 444
Merit: 250


Life is a bitch, get used to it...


View Profile
January 28, 2014, 09:07:37 AM
 #2

For 8 LTC/day you will need 20 MH/s and that is 26 x R9 280X GPU's, make the Math....
maardein
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
January 28, 2014, 03:24:33 PM
 #3

You can predict how many coins you will make tomorrow, maybe next month, but 8 months is extremely long in the cryptocurrency mining world. We don't know yet what the effect of scrypt asics will be, we don't know how the next generation graphics cards will perform etc. So predictions about your profits in 8 months are extremely uncertain.

BTC: 1788UegKXGXXicfPcbZ1bmSUJ99ZWRCF7p
LTC: LZ2rCcoxK4X8wRRynqdxoimd4d3TDNk7Lk
PMP: PApSSdorQds5tQysymwDXPAN3viJLFTUs8
Bobsurplus
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Making money since I was in the womb! @emc2whale


View Profile
January 28, 2014, 03:27:01 PM
 #4

Good luck. There's no way of telling where the diff will be in a month from now. So to figure out how much KHs you need to make 8 coins a day for 8 months is nearly impossible.

I mine with 10500 KHS and I make just over 3 coins a day.. for the last 5 days, it was less before the diff drop.
atp1916
Legendary
*
Offline Offline

Activity: 854
Merit: 1000



View Profile
January 28, 2014, 04:10:02 PM
 #5

It is a mistake to limit yourself to a singular coin.  Do Middlecoin.

I've been gathering anywhere from .1 - .4 btc (rare, but happens!) a day with ~13.2mhs.
twistelaar (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile
January 28, 2014, 04:11:45 PM
 #6

thanks for the info. But for how what time can you tell that mining 8 coins a day is possible, like a month? or?
Bobsurplus
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Making money since I was in the womb! @emc2whale


View Profile
January 28, 2014, 04:22:45 PM
 #7

thanks for the info. But for how what time can you tell that mining 8 coins a day is possible, like a month? or?

you can really only see 3-4 days in advance... anyone who states otherwise is just guessing.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!