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Author Topic: lmao 3853 hashes per second LITECOIN  (Read 6770 times)
awigaxeh-443 (OP)
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March 20, 2012, 01:52:39 AM
Last edit: March 20, 2012, 02:17:23 AM by awigaxeh-443
 #1

My cpu is currently mining at 3.8 kilohash per second, i know kinda lame, how much LTC do you expect me to make?
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Whoever mines the block which ends up containing your transaction will get its fee.
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awigaxeh-443 (OP)
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March 20, 2012, 01:53:59 AM
 #2

Too bad Bitcoin doesn't allow CPU mining.
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March 20, 2012, 01:56:11 AM
 #3

Bitcoin allow CPU mining, but it's very slow.

awigaxeh-443 (OP)
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March 20, 2012, 02:11:55 AM
 #4

Please tell me which miner program to use to mine bitcoin?
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March 20, 2012, 02:13:07 AM
 #5

To mine on CPU you can use Ufasoft CPU miner, but mining on the CPU has very low profit.

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March 20, 2012, 02:13:26 AM
 #6

My cpu is currently mining at 3.8 megahash per second, i know kinda lame, how much LTC do you expect me to make?

3.8 k/hash, you mean?

You'll probably make around 2-3 Litecoins per day, or somewhere between 1-3 cents.

As far as using your CPU for Bitcoin, forget about it (unless you're very desperate for a few satoshis) -- mining Bitcoins with a CPU is like trying to mine for gold with your fingers.
awigaxeh-443 (OP)
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March 20, 2012, 02:19:30 AM
 #7

Is this calculator correct? http://www.litecoinpool.org/calc?hashrate=3853&difficulty=1.58903545

It says I will make "30 days   73166.21067943 LTC"'

That's about 87 BTC or $435 USD per month.
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March 20, 2012, 02:22:17 AM
 #8

You aren't hashing at 3.8 MH/s not unless you have a super computer, a major botnet, or are an enterprise system admin stealing computing power.

So the calculator is right but your input isn't.

At 3.8 KH/s you will earn about 2.5 LTC per day (about 1 penny).
awigaxeh-443 (OP)
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March 20, 2012, 03:04:40 AM
 #9

Yes true.

I stopped LTC mining after.
awigaxeh-443 (OP)
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March 20, 2012, 03:06:14 AM
 #10

Is there any other e-currency worth mining at the moment? Maybe Namecoin?
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March 20, 2012, 03:28:28 AM
 #11

Mine litecoins and keep them. See what happen many years from now!
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March 20, 2012, 04:24:09 AM
 #12

Is there any other e-currency worth mining at the moment? Maybe Namecoin?

Namecoin can be mined for free with Bitcoin (merged mining).  There is no economic value to mining just Namecoin.
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March 20, 2012, 04:49:55 AM
 #13

LOL if I kept mining, I would have made $5 in a year! WOW, great e-currency there!

The power costs alone would have cost in the thousands.
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March 20, 2012, 04:57:17 AM
 #14

These days, it seems that any cryptocurrency with enough adoption to have value, also has enough adoption for the miners on the network to completely overpower a low-end CPU.

So I suppose the real question is, what is your goal in mining?

If your goal is to help secure the network, I suppose you can just rest easy, knowing it's in very capable hands.

If your goal is to have some coins to play around with, perhaps getting coins from faucets (sites that give out a small number of BTC to new users) would be a better approach.

If your goal is to get coins, and faucet coins aren't enough for you... unfortunately, as a result of BTC being worth something, you need to give up something of value to get them. Whether that means buying them on an exchange, or purchasing video cards whose hash power can keep up with the network, or selling things of value to other users and taking payment in coins.

No free lunches under the sun.
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March 20, 2012, 05:15:40 AM
 #15

You aren't hashing at 3.8 MH/s not unless you have a super computer, a major botnet, or are an enterprise system admin stealing computing power.

So the calculator is right but your input isn't.

At 3.8 KH/s you will earn about 2.5 LTC per day (about 1 penny).


1 Single Proc Xeon (8x thread). Your typical dedicated server's CPU.
13Mhash/s...

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March 20, 2012, 05:33:55 AM
Last edit: March 20, 2012, 05:44:14 AM by Nim
 #16

You aren't hashing at 3.8 MH/s not unless you have a super computer, a major botnet, or are an enterprise system admin stealing computing power.

So the calculator is right but your input isn't.

At 3.8 KH/s you will earn about 2.5 LTC per day (about 1 penny).

1 Single Proc Xeon (8x thread). Your typical dedicated server's CPU.
13Mhash/s...
Reread the title of the thread a little slower this time.
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March 20, 2012, 05:35:32 AM
 #17

You aren't hashing at 3.8 MH/s not unless you have a super computer, a major botnet, or are an enterprise system admin stealing computing power.

So the calculator is right but your input isn't.

At 3.8 KH/s you will earn about 2.5 LTC per day (about 1 penny).


1 Single Proc Xeon (8x thread). Your typical dedicated server's CPU.
13Mhash/s...
Reread the title of the thread a little slower this time.
Your point being?

Nim
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March 20, 2012, 05:44:02 AM
 #18

You aren't hashing at 3.8 MH/s not unless you have a super computer, a major botnet, or are an enterprise system admin stealing computing power.

So the calculator is right but your input isn't.

At 3.8 KH/s you will earn about 2.5 LTC per day (about 1 penny).

1 Single Proc Xeon (8x thread). Your typical dedicated server's CPU.
13Mhash/s...
Reread the title of the thread a little slower this time.
Your point being?
That the context is Litecoins, not Bitcoins, therefore it is completely irrelevant to talk about your processor's Bitcoin performance.
awigaxeh-443 (OP)
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March 20, 2012, 05:53:29 AM
 #19

How do you get so much out of a Xeon? I only get 3.8 khs
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March 20, 2012, 06:03:42 AM
 #20

If anyone wants to give me a command to run on my server to test generating LTC, let me know.

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