Litecoin mining not profitable

But for GPU mining, it is an alternative casual users are going to have to consider.With the current exponential growth in difficulty, there must be a limit to it, right.Even if you reinvesting the bitcoins into mining it lags behind.

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It is unlikely for ASIC mining to be developed for Litecoin until the currency becomes more widely used.

Before you jump in, however, consider these factors to understand litecoin mining profitability.

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Very few miners break even and a lot of people end of trying to cancel there orders.And to make matters worse, Litecoin mining pays 25 tokens for every block, while Bitcoin only pays 12.5. This is FREE from Profit Confidential.Coindib launches the first mobile bitcoin directory for Android devices.Litecoin security Be part of the Revolution for Bitcoin Users. yet not many will be able to be more profitable than both of. litecoin mining litecoin conf.Both currencies have an absolute limited supply, and there will be 4 times as many Litecoin coins mined than Bitcoin.

I know that right now Bitcoins are impossible to mine on your own (and make a profit that is) but are litecoins still profitable.

Mining Litecoin is not worth the effort | Colin Bowen IT

Masonisbetter Jan 6, 2014, 6:35 PM. The price rise is from litecoin mining not bitcoins.

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Litecoin vs Bitcoin Litecoin was created as an alternative to Bitcoin, rather than a replacement.This simply means that in USD terms some other Scrypt coin may be more profitable to mine than Litecoin at a.Still, this is mostly speculation, and the only way to know for sure is to wait and see how the markets play out.

LiteCoin Mining (another BitCoin) with Nvidia. but do it for fun and not for.If you have an efficient CPU, this might be worth doing until the difficulty gets too high.

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Litecoin - Open source P2P digital currency

Mining Litecoin with a regular computer makes no sense right now unless.The target time for new blocks is 2.5 minutes, rather than every 10 minutes.

Hello, So I am currently very interested in Bitcoin or Litecoin mining.Mining pool comparison. It is recommended not to use mining pools which have a large part of the total.The only way for mining to stay profitable is for faster miners to.

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GPUs do a decent job of this, but as you can tell, more specialized hardware performs far better.Litecoin is a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware. Mining Reward.

Conclusion: not worth the effort, and certainly not the investment.

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I have done intensive investigations and right now you will lose money on most miners, the only people winning will be the people selling the miners.Its seems like buying bitcoins and holding onto them might be ur best bet.Mining alt coins to increase profitability. of the major crypto coins bitcoin and litecoin.I personally use a thread concurrency of 8096, with 2 GPU threads.

Tell us your stories, both profitable or not in the comments below.There are other coins that are more profitable to mine with my GPU miners right now,.Mining profitability calculator Litecoin Uses current difficulty data and chooses exchange websites where you will be able to sell coins LTC with the best exchange rate.Litecoin uses Scrypt, which is designed specifically to prevent specialized hardware.Most Bitcoin mining hardware appears profitable at first glance.

Enter Litecoin, one of the alternative CryptoCurrencies (and most popular one) that popped up after Bitcoin.Adding delivery and time delays you can start going into negatives very quickly.Is mining Bitcoin or any other digital currencies still profitable.

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If you get in early enough, you can use that as an advantage.

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