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Author Topic: Litecoin dominates the CPU mining realm  (Read 1185 times)
tacotime
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October 19, 2011, 04:38:29 PM
 #1

         hash rate
tbx    0.00119                     
fbx    0.00011                     
sc    0.03689 (rapid crash in hash rate over the past few days and hash rate is 6-10x that of CPUs doing scrypt work for ltc/tbx so who knows the actual number of CPUs this represents)               
ltc    0.00407 (increase of 20% over the past few days)

For a while SC2 seemed at the top, but there has been a shift over the last 24-48 hours towards litecoin and a huge loss of hashing power for SC2.  It looks as if from here Litecoin will dominate (which is unsurprising: GPU "proof", tons of pools, open source, and deflationary).

In the same vein, the price of ltc has been moving up while sc2 has been falling.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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Spacy
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October 19, 2011, 04:54:21 PM
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It looks like someone was able to mine a lot of LiteCoins at the beginning  Grin
tacotime
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October 19, 2011, 05:00:25 PM
 #3

It looks like someone was able to mine a lot of LiteCoins at the beginning  Grin
Shhhhhh.

Additionally, here are the USD prices in $2/BTC equivalents (mean of ask+buy):
tbx       0.006000 $      
fbx       0.000700 $         
sc       0.010000 $   
ltc       0.011570 $

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
Graet
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October 19, 2011, 05:09:41 PM
 #4

http://litecoin.kicks-ass.org/graphs/graphs.html  other has grown considerably

| Ozcoin Pooled Mining Pty Ltd https://ozcoin.net Double Geometric Reward System https://lc.ozcoin.net for Litecoin mining DGM| https://crowncloud.net VPS and Dedicated Servers for the BTC community
worldinacoin
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October 19, 2011, 05:13:06 PM
 #5


Yours is number 2, thanks for your friendly and efficient pool, I like using it a lot.  Just looking forward to the merged mining.
wknight
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October 19, 2011, 05:15:01 PM
 #6

Litecoin is being built up as a community effort. Not just one person holds the keys. There is many people working on making Litecoin that much better.

Mining Both Bitcoin and Litecoin.
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October 19, 2011, 07:07:44 PM
 #7

It looks like someone was able to mine a lot of LiteCoins at the beginning  Grin

Blasphemer!

Seize him! Wink

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

Feed the Lolcust!
NMC: N6YQFkH9Gn9CTm4mpGwuLB5zLzqWTWFw67
BTC: 15F8xbgRBA1XZ4hmtdFDUasroa2A5rYg8M
GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
tacotime
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October 20, 2011, 04:15:35 AM
 #8

12 hour later, sc2 is down another 30%.. Gg sc2

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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