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Thetaj
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August 13, 2017, 05:14:25 PM |
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thx I've not done so much research on Litecoin so far, because I was not interested. But why you compare GPU mined coins with ASIC mined coins and not Litecoin with Ethereum. You compare Bitcoin THz with Litecoin GHz why not compare Ethereum THz with Litecoin?
Because they are for different algorithms. If everyone in the world with an ETH mining rig switched over to mine Litecoin right now, the power of all their machines together would not even reach 25% hash power for Scrypt. This is why it is not economically viable to mine Litecoin with GPUs. If it was, everyone would be doing it, including me, but it isn't. |
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_Ini_
Newbie
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Activity: 51
Merit: 0
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August 13, 2017, 05:16:19 PM |
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thx I've not done so much research on Litecoin so far, because I was not interested. But why you compare GPU mined coins with ASIC mined coins and not Litecoin with Ethereum. You compare Bitcoin THz with Litecoin GHz why not compare Ethereum THz with Litecoin?
Because they are for different algorithms. If everyone in the world with an ETH mining rig switched over to mine Litecoin right now, the power of all their machines together would not even reach 25% hash power for Scrypt. This is why it is not economically viable to mine Litecoin with GPUs. If it was, everyone would be doing it, including me, but it isn't. You mean Litecoin is not GPU mined? What do people use to mine Litecoin? CPU, Asics, RAM? |
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jtalk
Legendary
Offline
Activity: 1610
Merit: 1004
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August 13, 2017, 05:20:33 PM |
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Also I succeeded to raise the number of Litecoins in my basket. It was nice but totally unexpected how people deal with precious coins. Litecoin's rally will start once we see some stability in Bitcoin. Alos so many things like lightening network is coming of which these two will be benefited. My focus is shifted to Litecoin from other tokens in preparation to long run.
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Thetaj
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August 13, 2017, 05:38:29 PM |
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You mean Litecoin is not GPU mined? What do people use to mine Litecoin? CPU, Asics, RAM?
Its ok, we were all noobs once. Do some research in the language you prefer. Litecoin mining is pretty much the same as Bitcoin mining now |
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Mr Frog
Full Member
Offline
Activity: 168
Merit: 100
Bitcoin is the King
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August 13, 2017, 08:12:12 PM |
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thx I've not done so much research on Litecoin so far, because I was not interested. But why you compare GPU mined coins with ASIC mined coins and not Litecoin with Ethereum. You compare Bitcoin THz with Litecoin GHz why not compare Ethereum THz with Litecoin?
Because they are for different algorithms. If everyone in the world with an ETH mining rig switched over to mine Litecoin right now, the power of all their machines together would not even reach 25% hash power for Scrypt. This is why it is not economically viable to mine Litecoin with GPUs. If it was, everyone would be doing it, including me, but it isn't. You mean Litecoin is not GPU mined? What do people use to mine Litecoin? CPU, Asics, RAM? L3+ Antminer ASIC chip https://shop.bitmain.com/antminer_l3_litecoin_asic_scrypt_miner.htm |
I did not post this message, The Russians did it !
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_Ini_
Newbie
Offline
Activity: 51
Merit: 0
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August 14, 2017, 12:16:02 AM |
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thx I've not done so much research on Litecoin so far, because I was not interested. But why you compare GPU mined coins with ASIC mined coins and not Litecoin with Ethereum. You compare Bitcoin THz with Litecoin GHz why not compare Ethereum THz with Litecoin?
Because they are for different algorithms. If everyone in the world with an ETH mining rig switched over to mine Litecoin right now, the power of all their machines together would not even reach 25% hash power for Scrypt. This is why it is not economically viable to mine Litecoin with GPUs. If it was, everyone would be doing it, including me, but it isn't. You mean Litecoin is not GPU mined? What do people use to mine Litecoin? CPU, Asics, RAM? L3+ Antminer ASIC chip https://shop.bitmain.com/antminer_l3_litecoin_asic_scrypt_miner.htmthx |
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alevlaslo
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August 14, 2017, 09:28:59 AM |
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First the bottom of the LTC was 0.006, the next was 0.003, and now it seems that 0.0015
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Sale the first NFT of the first foto
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Mr Frog
Full Member
Offline
Activity: 168
Merit: 100
Bitcoin is the King
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August 15, 2017, 08:43:37 PM |
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It's BTC time. But LTC will shine again soon. No worry. Litecoin community is huge.
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I did not post this message, The Russians did it !
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wgd
Legendary
Offline
Activity: 1815
Merit: 1005
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August 17, 2017, 10:19:33 AM |
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Can we say that llitecoin collected on btc-e have returned to the market? Are they still out of range?  |
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hansen.ng
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August 17, 2017, 11:22:23 PM |
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Litecoin is one of the oldest cryptocurrencies out there. The user base is bigger than a lot of other coin out there. This can be seen from the current rank at 6th on coinmarketcap. I think Charlie Lee have something huge planned out for this project. So at current price it is a great buy.
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unchained
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August 18, 2017, 07:08:58 AM |
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Litecoin is one of the oldest cryptocurrencies out there. The user base is bigger than a lot of other coin out there. This can be seen from the current rank at 6th on coinmarketcap. I think Charlie Lee have something huge planned out for this project. So at current price it is a great buy.
I fully agree. And today we have a Litecoin developer update. Exciting  |
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Periodik
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August 18, 2017, 10:12:57 AM |
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Litecoin is one of the oldest cryptocurrencies out there. The user base is bigger than a lot of other coin out there. This can be seen from the current rank at 6th on coinmarketcap. I think Charlie Lee have something huge planned out for this project. So at current price it is a great buy.
I fully agree. And today we have a Litecoin developer update. Exciting Maybe let us wait for these new coins heavy correction and old reliable coins like Litecoin will start owning volumes once again. |
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cordlesslake
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August 18, 2017, 07:45:32 PM |
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Litecoin is one of the oldest cryptocurrencies out there. The user base is bigger than a lot of other coin out there. This can be seen from the current rank at 6th on coinmarketcap. I think Charlie Lee have something huge planned out for this project. So at current price it is a great buy.
I fully agree. And today we have a Litecoin developer update. Exciting Maybe let us wait for these new coins heavy correction and old reliable coins like Litecoin will start owning volumes once again. Hope it will happens, i am sure litecoin is great many people have to recover from big loss since last month it was at 0.021 against BTC |
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unchained
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August 18, 2017, 08:16:06 PM |
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Litecoin is one of the oldest cryptocurrencies out there. The user base is bigger than a lot of other coin out there. This can be seen from the current rank at 6th on coinmarketcap. I think Charlie Lee have something huge planned out for this project. So at current price it is a great buy.
I fully agree. And today we have a Litecoin developer update. Exciting Maybe let us wait for these new coins heavy correction and old reliable coins like Litecoin will start owning volumes once again. Hope it will happens, i am sure litecoin is great many people have to recover from big loss since last month it was at 0.021 against BTC I guess a lot of people have to understand that investing in cryptos is not a guaranteed 'get-rich-quick' scheme. |
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poer
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August 18, 2017, 08:25:30 PM |
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BEST RANK CRYPTO
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unchained
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August 18, 2017, 08:27:35 PM |
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BEST RANK CRYPTO
Depends on the ranking you refer to...  |
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cordlesslake
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August 18, 2017, 09:21:54 PM |
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Litecoin is one of the oldest cryptocurrencies out there. The user base is bigger than a lot of other coin out there. This can be seen from the current rank at 6th on coinmarketcap. I think Charlie Lee have something huge planned out for this project. So at current price it is a great buy.
I fully agree. And today we have a Litecoin developer update. Exciting Maybe let us wait for these new coins heavy correction and old reliable coins like Litecoin will start owning volumes once again. Hope it will happens, i am sure litecoin is great many people have to recover from big loss since last month it was at 0.021 against BTC I guess a lot of people have to understand that investing in cryptos is not a guaranteed 'get-rich-quick' scheme. True i still think that litecoin could be great , now is BTC time hope next year will be litecoin time!  |
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rakeapps
Newbie
Offline
Activity: 34
Merit: 0
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August 19, 2017, 02:57:06 PM |
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bitcoin satellites could be a game changer for the industry great move from litecoin to contact the Project.This could increase the use of litecoin but in order to implement such a tech the hardware should be much cheaper or even free the developers would have to create a infractructure and a entire new network increasing the use of litecoin would bring to Price of litecoin to 2000 or even 3000 dollars in a next few years.this entire new network would bring amazing tech to litecoin does people have more information on the Project?
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