PunkAs (OP)
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January 24, 2012, 10:42:44 PM |
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Can this be done, what miner should i use? i7 processor if that matters.
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Sherkel
aka Tombstoner
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January 24, 2012, 10:58:11 PM |
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i7 could be good for LTC though.
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What do you get when you cross dominoes and The Matrix? <A dominatrix!>
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jake262144
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January 24, 2012, 11:02:57 PM |
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Why waste electricity on Litecoins? As a crypto currency branching from and directly competing with Bitcoin (Litecoin has no protocol-level advantage over Bitcoin whatsoever) Litecoin is next to worthless. The current rate of exchange is 2000 LTC for one BTC.
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PunkAs (OP)
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January 24, 2012, 11:34:31 PM |
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Thanks for the replys guys, I will actually try and cpu mine some LTC since its still relatively feasible.
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PunkAs (OP)
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January 25, 2012, 02:56:27 PM |
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Got my first 50 block of LTC, not worth much atm but still sweet.
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Sherkel
aka Tombstoner
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January 25, 2012, 03:49:53 PM |
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Got my first 50 block of LTC, not worth much atm but still sweet.
LTC may be the best thing to mine solo, but why are you doing it instead of a pool?
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What do you get when you cross dominoes and The Matrix? <A dominatrix!>
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PunkAs (OP)
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January 25, 2012, 04:10:01 PM |
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Because I tend towards individualism more than collectivism, also getting a 50 is sweeter than small steady payouts, i probably will join a pool once litecoin gets bigger and more competative.
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fb39ca4
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PlayGame.com
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January 26, 2012, 12:00:10 AM |
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If it does. At the current exchange rates, its future is questionable.
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PunkAs (OP)
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January 26, 2012, 12:05:07 AM |
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Ill be supporting it.
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jCole
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January 26, 2012, 01:01:42 AM |
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Ill be supporting it.
Its going to cost more in electricity then you will ever make back, its not worth it.
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_ellipsis
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January 26, 2012, 02:19:58 PM |
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CPU mining is a waste of time right?
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PunkAs (OP)
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January 26, 2012, 02:55:59 PM |
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CPU mining is a waste of time right?
With bitcoin yes, but litecoin is optimized for CPU so GPU mining is impossible currently.
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Gabi
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If you want to walk on water, get out of the boat
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January 26, 2012, 03:22:15 PM |
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Mine litecoins, sell them for bitcoins->profit with CPU
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DeathAndTaxes
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Gerald Davis
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January 26, 2012, 03:37:12 PM |
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Mine litecoins, sell them for bitcoins->profit with CPU
Unless you have free electricity it is more like: Mine litecoins, sell them for less Bitcoins that you would get simply buying them -> take a loss with CPU
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_ellipsis
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January 27, 2012, 11:08:35 AM |
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Mine litecoins, sell them for bitcoins->profit with CPU
Unless you have free electricity it is more like: Mine litecoins, sell them for less Bitcoins that you would get simply buying them -> take a loss with CPU CPU mining is a waste of time Exactly, not enough computing horse power to be worthwhile.
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