Is Litecoin LTC Mining Profitable Reddit
A cheaper alternative to support the LTC network. That said, if you have a decent video card there are still plenty of good coins that you can mine and sell for Litecoin later. Look into nicehash. It's an automated miner that will always mine the most profitable coin for your card and pays out in Bitcoin. All posts must be related to Litecoin or Litecoin mining. And the reddit search. Litecoin News Litecoin Price Analysis: LTC/USD at Risk of Further. I recently looked into bitcoin, which then brought me to litecoin. I have a i5-6500 and an rx 470 OC gpu. I know that there is no point in mining. Because litecoinpool.org mines only litecoins and you currently get 0,55LTC per day per L3+ machine. Prohashing mines all scrypt coins with an advanced coin profability generator, meaning they check what coins are most profitable each minute to mine. Then you can choose on prohashing what coins. Find out what your expected LTC and USD return is depending on your hash rate, power consumption and electricity cost Find out if its profitable to mine Litecoin Do.
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For more information on this rule, click. • Please post your configs if you are asking for help, or if you are submitting pictures of your mining rig. For more information on this rule, click and. Related Subreddits: • • • • • • • • • • • • • Where to Buy/Sell Litecoin: • • - USD, GBP, EUR • USD, EUR, KRW • VaultofSatoshi NOW CLOSED • - AUD, CAD • - BTC, CAD • - BTC, USD • - BTC, USD CURRENTLY INACTIVE • - BTC, NIS • - GBP • X-BT NOW CLOSED • Bter INACTIVE Join us on IRC: Download: Join: irc.freenode.net #litecoinmining. I've seen several post about how Litecoin mining isn't profitable any more, or to at least wait until new ASIC hardware is released, but if I go by the numbers I'm seeing in mining calculators (based on the performance of A2 Terminators @ $.10/kWh), there's plenty of money to be had with the proper investment. So I have to wonder, am I missing something? Are the calculators just not that accurate?
Or maybe it's that people are referring to GPU mining specifically, not Litecoin mining in general? Also, I see a lot of folks recommending investments in the coin itself vs. Mining, so I'm curious if any of you miners out there have made the switch?
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A modern CPU has a Hashrate of around 100 Kilohash / second. (That is 0.0001 GH/s). You will mine maybe $0.25 per Month with that while burning $0.60 in electricity per Day. Peercoin PPC Mining Luck more. Next step would be using your GPU.
But even that is not longer possible because the market is now dominated by ASIC (e.g. ) In short: Try to mine with CPU or GPU and you just burn a lot of electricity and money. It is not worth it. At least for Bitcoin and Litecoin.