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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 784182 times)
Greedi
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June 19, 2012, 11:18:24 PM
 #1781

I guess it happens because of my mining setup and a lot of connections to litecoin network.

Not because of alot of connection.. my serv can easy have 50 - 80 connections...

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June 22, 2012, 05:36:23 PM
 #1782

LTC mining is very profitable again.
HD 6950 will mine +400LTC/day which gives us 0.50BTC/day.
Thats very good.
th3.r00t
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June 22, 2012, 06:51:58 PM
 #1783

Litecoin can you PM me your Reaper settings.
I have 6950 and I want to try LTC mining.  Cool

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June 22, 2012, 07:48:32 PM
 #1784

Litecoin can you PM me your Reaper settings.
I have 6950 and I want to try LTC mining.  Cool

These settings should pull 475KH/s
worksize 256
aggression 19
threads_per_gpu 2
sharethreads 2
lookup_gap 2
gpu_thread_concurrency 6144
bulanula
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June 22, 2012, 11:59:27 PM
 #1785

LTC mining is very profitable again.
HD 6950 will mine +400LTC/day which gives us 0.50BTC/day.
Thats very good.

I like LTC very much but when ASIC comes and all GPU miners go to LTC the depth is simply not there to sustain the price up like with SR and BTC.

So LTC will never be BTC alternative for GPU miners Cry

NMC is quite similar I think ... the money is in BTC right now.
Gladamas
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June 23, 2012, 12:02:07 AM
 #1786

LTC mining is very profitable again.
HD 6950 will mine +400LTC/day which gives us 0.50BTC/day.
Thats very good.

I like LTC very much but when ASIC comes and all GPU miners go to LTC the depth is simply not there to sustain the price up like with SR and BTC.

So LTC will never be BTC alternative for GPU miners Cry

NMC is quite similar I think ... the money is in BTC right now.

That is an interesting point I had not considered until now. GPU miners switching to Litecoin mining would drive CPU miners out for the most part, like what happened to Bitcoin.

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ShadowAlexey
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June 23, 2012, 04:44:22 AM
 #1787

Dont get too excided, there is much more than x10 possible cpu miners on planet, and performance diff is less than x10,so is not so drammatic)

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June 23, 2012, 05:08:08 AM
 #1788

LTC mining is very profitable again.
HD 6950 will mine +400LTC/day which gives us 0.50BTC/day.
Thats very good.

I like LTC very much but when ASIC comes and all GPU miners go to LTC the depth is simply not there to sustain the price up like with SR and BTC.

So LTC will never be BTC alternative for GPU miners Cry

NMC is quite similar I think ... the money is in BTC right now.

Yeah that can change pretty quickly buddy.

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th3.r00t
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June 23, 2012, 06:09:01 AM
 #1789

These settings should pull 475KH/s
worksize 256
aggression 19
threads_per_gpu 2
sharethreads 2
lookup_gap 2
gpu_thread_concurrency 6144

Such high intensity give me a lot of stales/invalids - ~8%

At factory clocks (6870 and 6950) and intensity 16 I got ~575kH/s and ~1% stale.

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Litecoin
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June 23, 2012, 10:25:40 AM
 #1790

These settings should pull 475KH/s
worksize 256
aggression 19
threads_per_gpu 2
sharethreads 2
lookup_gap 2
gpu_thread_concurrency 6144

Such high intensity give me a lot of stales/invalids - ~8%

At factory clocks (6870 and 6950) and intensity 16 I got ~575kH/s and ~1% stale.

Litecoinpool pays for stale shares. If someone finds a block and after this you submit your share, calculated from the old 'job', it's considered stale and is wasted.
However, that is normal and you still get paid for it.

And those two cards you have there. Can pull 800KH/s.
Gladamas
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June 23, 2012, 07:10:37 PM
 #1791

So I started Reaper and it said that reaper.conf was missing, even though it was in the same folder as reaper.exe? (Yes, it is reaper.conf, not reaper.conf.txt.)

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June 23, 2012, 10:46:06 PM
 #1792

So I started Reaper and it said that reaper.conf was missing, even though it was in the same folder as reaper.exe? (Yes, it is reaper.conf, not reaper.conf.txt.)

Delete your old folder and download it again. You only have configure your config file to get it working.
Gladamas
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June 23, 2012, 11:12:08 PM
 #1793

So I started Reaper and it said that reaper.conf was missing, even though it was in the same folder as reaper.exe? (Yes, it is reaper.conf, not reaper.conf.txt.)

Delete your old folder and download it again. You only have configure your config file to get it working.

Thanks, that got it working again for the first two runs, but then it had the same error (reaper.conf not found). I even replaced reaper.conf with the original version and it still said that.

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th3.r00t
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June 24, 2012, 07:01:08 AM
 #1794

Litecoinpool pays for stale shares. If someone finds a block and after this you submit your share, calculated from the old 'job', it's considered stale and is wasted.
However, that is normal and you still get paid for it.

And those two cards you have there. Can pull 800KH/s.

Tweaked a bit and at intensity 18 and 5770@1100 mem got 750 kh/s with 1-3% stale

Thanks for info Litecoin!

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Proud to be a member of Magi XMG community. Come and join us! | XMG: 96zvQhGwim9kxA83LJwdGta1RTpMS3TVJ2

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Tachikoma
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June 24, 2012, 09:54:14 AM
 #1795

Is there room for more then one crypto-currency in the online world?

For instance; I have a web-hosting operation. What if I decide to accept 20 payments a week in Litecoin where I would pay users the current USD-LTC times two. At this moment the LTC/USD is 0.00514, so I would offer 0.01028. Of course it would dip into my own profits but it would encourage users to get more involved in Litecoin. If enough Litecoin supporting merchants would join me in such a system we could give Litecoin more value then it has now, right? Could this lead to greater adoption? And if so would this hurt bitcoin in any way?

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Greedi
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June 24, 2012, 10:11:52 AM
 #1796

Is there room for more then one crypto-currency in the online world?

For instance; I have a web-hosting operation. What if I decide to accept 20 payments a week in Litecoin where I would pay users the current USD-LTC times two. At this moment the LTC/USD is 0.00514, so I would offer 0.01028. Of course it would dip into my own profits but it would encourage users to get more involved in Litecoin. If enough Litecoin supporting merchants would join me in such a system we could give Litecoin more value then it has now, right? Could this lead to greater adoption? And if so would this hurt bitcoin in any way?

+1 i'm in!

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June 24, 2012, 11:11:37 PM
 #1797

As the price went up to 0.00181 BTC, we can say its 3 times more profitable than BTC GPU mining.
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June 25, 2012, 08:28:56 AM
 #1798

LTC mining is very profitable again.
HD 6950 will mine +400LTC/day which gives us 0.50BTC/day.
Thats very good.

I like LTC very much but when ASIC comes and all GPU miners go to LTC the depth is simply not there to sustain the price up like with SR and BTC.

So LTC will never be BTC alternative for GPU miners Cry

NMC is quite similar I think ... the money is in BTC right now.

That is an interesting point I had not considered until now. GPU miners switching to Litecoin mining would drive CPU miners out for the most part, like what happened to Bitcoin.

Not exactly, what happened with Bitcoin is that GPU miners made CPU mining impossible by increasing the difficulty by orders of magnitude.

If all those GPU's jump on LTC it will increase the difficulty yes, but it not by as great an amount. You will still be able to mine with a CPU just very slow. Mining bitcoin with a CPU though would be more like waiting for the Sun to burn out.

more or less retired.
interlagos
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June 26, 2012, 10:15:34 AM
 #1799

We just had our own historic "pizza for LTC" event:
https://bitcointalk.org/index.php?topic=90019.0

Bright future for Litecoin!
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June 26, 2012, 11:41:03 AM
 #1800

Is the litecoin development still active? I believe the lastest commit was like three months ago.

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