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smoothie (OP)
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July 02, 2012, 05:55:23 PM
 #1
Question: Would FPGAs work for mining Litecoin?

Next Question: Would FPGAs work well for mining Litecoin?

statement: I'm going to read up more on Scrypt and FPGAs and see if it is viable or just a pipe dream.

Any intelligent comments (people who know what they are talking about) are welcome to comment below.

Thanks! Grin Cheesy Wink
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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July 02, 2012, 07:58:49 PM
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It's already been discussed here https://bitcointalk.org/index.php?topic=88094.20
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July 02, 2012, 08:02:03 PM
 #3
Quote from: Litecoin on July 02, 2012, 07:58:49 PM
It's already been discussed here https://bitcointalk.org/index.php?topic=88094.20

Thanks
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July 02, 2012, 08:47:24 PM
 #4
Quote from: smoothie on July 02, 2012, 05:55:23 PM
Question: Would FPGAs work for mining Litecoin?

Of course it would work but it's currently pointless when you can mine BTC with those same FPGA's and buy Litecoins.

Should the Litecoin price go up significantly it would be worth implementing scrypt in opencl. Scrypt needs more gates per hash so expect a much lower hashrate for LTC than BTC on the same FPGA. mining is a race to the bottom so absolute hashrate doesn't matter anyway, only relative hashrate.
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