Bitcoin Forum
May 02, 2024, 05:55:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Is GPU Litecoin mining worth it anymore?  (Read 12406 times)
cramved (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
February 27, 2015, 03:37:03 AM
 #1

Title says it all. Last year I stopped mining litecoin with my gaming computer and I kinda tuned out of the market so I was wonder if GPU litecoin farms are still profitable?
1714629338
Hero Member
*
Offline Offline

Posts: 1714629338

View Profile Personal Message (Offline)

Ignore
1714629338
Reply with quote  #2

1714629338
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714629338
Hero Member
*
Offline Offline

Posts: 1714629338

View Profile Personal Message (Offline)

Ignore
1714629338
Reply with quote  #2

1714629338
Report to moderator
1714629338
Hero Member
*
Offline Offline

Posts: 1714629338

View Profile Personal Message (Offline)

Ignore
1714629338
Reply with quote  #2

1714629338
Report to moderator
1714629338
Hero Member
*
Offline Offline

Posts: 1714629338

View Profile Personal Message (Offline)

Ignore
1714629338
Reply with quote  #2

1714629338
Report to moderator
Prelude
Legendary
*
Offline Offline

Activity: 1596
Merit: 1000



View Profile
February 27, 2015, 04:34:46 AM
 #2

No. GPU mining is dead.
alani123
Legendary
*
Offline Offline

Activity: 2394
Merit: 1411


Leading Crypto Sports Betting & Casino Platform


View Profile
February 27, 2015, 04:46:09 AM
 #3

Nope... It's still not worth it mining litecoin directly too. Is it?

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
BitmoreCoin
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
February 27, 2015, 10:12:13 AM
 #4

Short answer is no.
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
February 27, 2015, 01:28:28 PM
 #5

any scrypt is not worth it, since asic come out, actually they weren't that great even before(because of the heat ecc....), scrypt algo was good for instamining only
cramved (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
February 27, 2015, 01:46:14 PM
 #6

any scrypt is not worth it, since asic come out, actually they weren't that great even before(because of the heat ecc....), scrypt algo was good for instamining only

I am in the cold part of the world so the heat was a positive for me in the winter  Cheesy I would have my gpu runnings a massive overclock at 60 degrees!
d0om
Full Member
***
Offline Offline

Activity: 171
Merit: 100


View Profile
February 28, 2015, 01:54:46 AM
 #7

Ask yourself this, if anyone was making a significant amount of money doing something, would they tell everyone about it?

But regardless, GPU mining is about as profitable as the electricity it consumes - so no.

Quartx
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 504


Becoming legend, but I took merit to the knee :(


View Profile WWW
February 28, 2015, 02:08:25 AM
 #8

GPU Mining for Litecoin has been dead for quite a few months with that difficulty and low price of litecoin. Sadly Sad

chaosknight
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000



View Profile
March 01, 2015, 12:58:02 PM
 #9

mining litecoin with GPU is not profitable anymore, you can try mining some x11 or x13 algorithm coins with your GPU
Bananana
Sr. Member
****
Offline Offline

Activity: 481
Merit: 250



View Profile WWW
March 01, 2015, 01:31:28 PM
 #10

Title says it all. Last year I stopped mining litecoin with my gaming computer and I kinda tuned out of the market so I was wonder if GPU litecoin farms are still profitable?

Not at all, you will need ASIC for scrypt mining.

cramved (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 01, 2015, 02:18:46 PM
 #11

mining litecoin with GPU is not profitable anymore, you can try mining some x11 or x13 algorithm coins with your GPU

I had a gtx 670 that I overclock alot like +40% and used that so I was not heavily invested. I stopped and sold my 10ltc for 50
jamesdeng
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 02, 2015, 10:40:19 AM
 #12

GPU for litecoin , NO.
only if have free electricity and you don't want to pay any money to buy scrypt asic.
cramved (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 02, 2015, 12:52:09 PM
 #13

GPU for litecoin , NO.
only if have free electricity and you don't want to pay any money to buy scrypt asic.


Are they scrypt asics profitable?
giveen
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1004


View Profile
March 02, 2015, 05:18:24 PM
 #14

GPU for litecoin , NO.
only if have free electricity and you don't want to pay any money to buy scrypt asic.


Are they scrypt asics profitable?

Depends on the price you pay, the cost of your electricity, and what you intend to mine.
cramved (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 02, 2015, 09:45:12 PM
 #15

GPU for litecoin , NO.
only if have free electricity and you don't want to pay any money to buy scrypt asic.


Are they scrypt asics profitable?

Depends on the price you pay, the cost of your electricity, and what you intend to mine.
Probably won't get into it just wondering about it.
hexitor
Full Member
***
Offline Offline

Activity: 160
Merit: 100



View Profile
March 03, 2015, 06:07:03 AM
 #16

no its not, there are scrypt asic out in the market, and a gpu hashrate is nothing when compared to scrypt asic
forget about this, or you can sell this and buy a scrypt asic with it

clonecc45
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
March 03, 2015, 07:05:28 AM
 #17

I don't know... Try this:
http://www.amazon.com/dp/B00J5TK6RE/ref=wl_it_dp_o_pd_nS_ttl?_encoding=UTF8&colid=8LC421XQQCSF&coliid=I2TUB4KSAE7LZI
with this
http://www.amazon.com/dp/B00H0PLQHO/ref=wl_it_dp_o_pC_nS_ttl?_encoding=UTF8&colid=8LC421XQQCSF&coliid=I1XDY2Z715ZCDY
and this
http://www.amazon.com/dp/B003XN24GY/ref=wl_it_dp_o_pC_nS_ttl?_encoding=UTF8&colid=8LC421XQQCSF&coliid=I2HEGYWAWHSM7Q&psc=1

However if you would like to mine SHA-256 then instead of the first thing get this
http://www.amazon.com/BITMAIN-ANTMINER-U2-Bitcoin-Overclockable/dp/B00ITD5NV6/ref=sr_1_1?s=electronics&ie=UTF8&qid=1425366280&sr=1-1&keywords=asic
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!