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Litecoin Gpu Mining Calculator

Litecoin Cloud Mining | Best Litecoin Mining Pool | Litecoin Mining Hardware

Litecoin Cloud Mining | Best Litecoin Mining Pool | Litecoin Mining Hardware

Litecoin uses the scrypt proof-of-work mining algorithm that allows users to mine the coins. Litecoin can be mined through consumer-grade hardware like GPU. To confirm a Litecoin transaction, it takes only 2.5 minutes; however in Bitcoin, the average time to confirm a transaction is 10 minutes. The market cap of Litecoin is 84 million currency units. Litecoin mining profitability depends on a number of factors, such as hardware efficiency, hardware hash power, and electricity costs. In addition, litecoin mining calculators can also be used to find out the estimate of profitability of hardware. Why Choose Hashgains for Litecoin Mining? Hashgains is one of the leading cryptocurrency mining service providers across the world. With an access to the leading latest technologies and big industrial data centers, Hashgains provides excellent mining services at an affordable price. Hashgains mining platform simplifies the Litecoin Mining process and provides the newly mined coins in the easiest way. The list of services include Continue reading >>

Litecoin Mining Calculator And Hardware Comparison

Litecoin Mining Calculator And Hardware Comparison

[manufacturer] [model] [hash_rate] [hash_rate_unit] [price_with_unit] [hardware_power] W [humanize_start_date] [delivery_cost_with_unit] [setup_cost_with_unit] [maintain_cost_with_unit] [break_even] [date] [difficulty] [revenue] [profit] [return]

Hash Rate:
[hash_rate]
Hardware Power:
[hardware_power]
Hardware Cost:
[hardware_cost]
Setup Cost:
[setup_cost]
Electricity Cost/Month:
[electricity_cost]
Maintain Cost/Month:
[maintain_cost]
Break Even
[break_even]
Lifetime
[Life time]
Maximum Profit
[maximum_profit]
Continue reading >>

Litecoin Difficulty Calculators Are Misleading. The Proper Approach To Difficulty Increases And New Hardware Roi Calculations. : Litecoin

Litecoin Difficulty Calculators Are Misleading. The Proper Approach To Difficulty Increases And New Hardware Roi Calculations. : Litecoin

These provide a number of outputs revenue rates over different time scales.. Hr, Day, Month..year.. Which makes them very very misleading. Let's walk through a couple scenarios and asses the current situation of the network, what difficulty rate increases are 'possible' and how hardware availability has an effect. If I were to pick up a Radeon 280x and get it hasing at ~700Kh (let's assume free electricity for the examples). One of these calculators would output the following: 0.36 LTC / Day10.75 LTC / Month130.88 LTC / Year Often times you see someone buying some new mining equip saying - oh s*&^ I can drop $300 on a new card and earn 10.75 LTC in a month. Leading to the assumption the hardware will pay itself off in just 1 month's time. However - reality quickly hits once you look at the network difficulty increases. The Litecoin network normalizes the difficulty every 2016 blocks such that the next 2016 blocks will have an estimated solution time of 3.5 days. Thus the difficulty will increase or decrease based on the network hashrate roughly ever 3.4-3.6 days (you should all know this - if you don't - read up ). Past difficulty increases have been between -14.82% and 20% with the last two increases being >13% - the largest 7 day increase in difficulty ever (source: - bottom of the page). With the recent increase in LTC/USD and LTC/BTC prices - GPUs have been flying off the shelves and it is a generally accepted assumption that we will see a large network hashrate increase in the near future. If we see similar ~10% difficulty increases every 3.5 days - we will be at a difficulty of 4600 in 1 month and 312000 in 2 months. The propagation of a 700Kh miner output is shown in the table here from my own calculator. ** Date Dificulty LTC/DAY LTCNetU SDNet** 12/3/2013 1964 Continue reading >>

Is It Worth Using Gpu Or Cpu To Mine Litecoin?

Is It Worth Using Gpu Or Cpu To Mine Litecoin?

Is it worth using gpu or cpu to mine litecoin? how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin? 12+ exclusive games The Bitcoin Casino by Primedice Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. do your math, probably won't be the best choice do your math, probably won't be the best choice hmnmmmm, gpu can not hash greast values of lt? hmnmmmm, gpu can not hash greast values of lt? i was reading the mining board the other day and some people were suggesting the nicehash calculator. but since you have to download a binary and install it i didn't trust it and i was just gathering information anyways. but if you are interested first research to see if it is safe then test it: i was reading the mining board the other day and some people were suggesting the nicehash calculator. but since you have to download a binary and install it i didn't trust it and i was just gathering information anyways. but if you are interested first research to see if it is safe then test it: edit: here is the mining board by the way: Where can I see how many $ nicehash can afford me? Can I get more money using the nicehash than mining at home using my pc in a pool? Quote from: almirfiorio on July 12, 2017, 01:17:37 PM how many litecoins gpu and cpu can do ? ex : RX480 or Nvidia 1070 ? Is it worth using gpu or cpu to mine litecoin? try using gpu like nvidia 10series, i have a friend who is using that video card he said yes it is a bit costly or expensive but it is worth buying for because he can easily get the money that he used because the gpu that he has been using is good. but both is good, it depends on you. Quote from: almirfiorio on Ju Continue reading >>

I'm Done Mining Litecoin - Reckoner

I'm Done Mining Litecoin - Reckoner

In my previous Reckoner feature about Litecoin , I came to the conclusion that I had three options on the table at that stage of my experiment mining the crypto-currency: Option 2 keep mining at my current rate. Option 3 buy more rigs and mine even more Litecoin with the hope that the price rises. Option 1, the path of least resistance. Thats the choice I ultimately ended up at. My Litecoin mining adventure wasnt profitable and if Im honesta waste of time. To redeem something out of the experience, I can at least share with you what I did wrong. If you are thinking about mining Litecoin or some other sort of crypto-currency, you can learn from my mistakes. The main thing everyone wants to know is how much money did you lose, man?! $16,056.10 on set up (hardware, equipment, shelving) $5,075.00 on electricity, rent & internet access $10,709.78 on selling the gear (post ebay fees, postage, etc.) That puts me at a total loss of $8,183.24. However, I do have 894LTC in my wallet. The current price of LTC right now is hovering around $2.50 (ugh), which means if I was to sell my entire LTC stash, I will have lost $5,948.24 all up. A good scenario is the price of LTC maybehitting$5 once its announced on Mt. Gox (see their blog post which addresses this further). Which means, realistically, I will have lost $3,713.24 in total. Ideal circumstances? If I was to sell that LTC for $9.15 per coin, I could break even on the whole thing. If I sell for $10, Id make $756. If I sell my stash for $72.50 per coin, Id be able to buy a sweeeeeett Mercedes Benz A250 Sport . What went wrong? What could I have done better? I was naive enough to think that the price of LTC would grow so quickly, that it could meet the minimum repayment on my card and cover the costs of electricity, rent & an inte Continue reading >>

Is Cpu Mining Worthwhile For Litecoin? Fpga? Gpu?

Is Cpu Mining Worthwhile For Litecoin? Fpga? Gpu?

Is CPU mining worthwhile for Litecoin? FPGA? GPU? I'm interested in solo mining on Litecoin. Where can I learn about (or what math is required) two tell if this is feasible/profitable? Currently I have 30+ CPUs running as solo miners for 40 hours and so far nothing has turned up. Are there any optimizations I should do to the miner? I have an i7 getting 40 k/Hash which is not too bad Considering that with cgminer config correctly you will get an k/Hash result similar to the M/Hash result for your GPU mining activities Check this out for an complete guide of what your outputs should be using both reaper & cgminer I think that given i5 cpu and lots as in 30 that u have @ your disposal then LTC should be a goer mrb stated that with correctly configered s/w LTC & BTC mining should be on a par of ~ 0.0041/0.0040 BTC/LTC per hour for (600 m-Hash BTC/600 k-hash LTC) GPU card setup Do you have a better link for the download...? LamonteCristo Jun 25 '13 at 12:02 I don't recommend solo mining with CPU only, it would take a really long time to find a block. If you don't like pool mining, you can download the pool software and run your own private pool where you will connect all your CPUs. If it is profitable depends on your expenses. Generally speaking using CPU to mine BTC/LTC if you have to pay the electricity is not profitable any longer. But if you don't pay the electricity (for example is included in server hosting costs) and already have the CPUs/servers available, then your expenses are zero. So even if you would earn one cent per month it would be profitable :) I am using pooler's cpuminer on few servers - Continue reading >>

A Closer Look At Litecoin Mining: Is It Worth Doing?

A Closer Look At Litecoin Mining: Is It Worth Doing?

A closer look at Litecoin mining: Is it worth doing? The era of Bitcoin mining on the GPU is dead. A year ago, a single Radeon graphics card could crank out a reasonable fraction of a Bitcoin in a single day. Today, that same GPU earns a thousandth of a Bitcoin in 24 hours, generating little value while consuming a substantial amount of power. The shift to ASICs for Bitcoin mining mirrors the shift from CPUs to GPUs, but the market isnt content to just turn those mining rigs off not when theres an alternative currency available for which ASIC miners dont exist. That alternative is Litecoin and theres reason to think that buyers have emptied the shelves of AMDs Radeon hardware to build mining platforms. First off, theres the fact that over in the US at least you cant find a high-end Radeon in stock at the moment. Newegg and Amazon.com are both out of stock, while over at Amazon.com, the lowly AMD Sempron 145 a single-core, 2.8GHz chip with a $30 (18) price tag is the fifth most popular CPU. Further proof of this trend is the Litecoin network hash rate, as shown here: Clearly Litecoin miners are coming online, and theyre coming online en masse. Many of these are undoubtedly Bitcoin miners switching over now that GPUs are no longer cost effective, but some of these systems are probably driven by new miners. Litecoin, like Bitcoin, is a cryptocurrency, but its based on scrypt, not SHA-256. Scrypt is a different cryptographic algorithm thats purposefully designed to be difficult to parallelise. While that hasnt stopped it from moving to the GPU, it requires far more memory than Bitcoin mining several gigabytes worth, as opposed to several dozen megabytes. Litecoin confirms transactions faster (every 2.5 minutes, rather than every 10 minutes for Bitcoin) and it contains more Continue reading >>

How To Calculate Mining Profitability

How To Calculate Mining Profitability

CoinDesk Launches 2017 Year in Review Opinion and Analysis Series Are you serious about mining cryptocurrencies? If so, you need to know how to make the best use of your money and equipment. In this guide, well show you how to mine your digital treasure in the most profitable way. Obviously, the big money is going into costly bitcoin ASICs. If you arealready in that position, you probably know how the process works and are intending to mine bitcoin. However, those of you on a more moderate budget are probably looking at building a GPU miner for scrypt currencies, or a buying a small ASIC machine for bitcoin or other SHA-256 currencies. In that case, you have come to the right place. The process of mining digital currencies involves solving complex cryptographic puzzles. By doing this, miners are providing proof of work that is rewarded with digital currency. Broadly speaking, there are two proof-of-work hashing algorithms in use today: SHA-256 and scrypt . Note that there are some lesser-used alternatives, which we will not be looking at in this guide (for example, Primecoin ). The SHA-256 algorithm favours raw processing power. In bitcoins very early days, one could mine effectivelywith the CPUs and GPUs (graphics processing units) that you find in a normal home PC. That time has passed, however, and the difficulty level of bitcoin is so high that specialised processors known as Application Specific Integrated Chips (ASICs) are needed to mine it. The use of such powerful processors, alongwith bitcoins exponentialincrease in difficulty level,have created a technological arms race, which means that even quite recently designed chips can quickly become obsolete. The scrypt algorithm favours greater amounts of RAM and parallel processing ability, which is why GPU-based ri Continue reading >>

Gpucoin Mining Calculator And Profit Calculator

Gpucoin Mining Calculator And Profit Calculator

GPUcoin Mining Calculator and Profit Calculator Warning: The coin daemon or block explorer is offline which may cause out dated estimated expected cryptocurrency earnings to be displayed. Warning: One or more exchange is offline or there are no current buy orders. This may cause out dated estimated expected cryptocurrency earnings to be displayed. Warning: GPUcoin is no longer being monitored as of 6/25/2014. Days to generate one block mining solo: 0.00 Day(s) (can vary greatly depending on your luck) Days to generate one BTC: 18.95 Day(s) (can vary greatly depending on the current exchange rates) Days to break even: N/A (can vary greatly depending on the current exchange rates) Estimated Expected Cryptocurrency Earnings The estimated expected cryptocurrency earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected cryptocurrency earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected cryptocurrency earnings can vary greatly depending on your luck and stale/reject/orphan rate. Continue reading >>

Litecoin Mining With Nvidia Gpu

Litecoin Mining With Nvidia Gpu

I have a computer that is on 24/7 and I have a GTX 960 card in there. I'd like to see if I can use this for mining litecoin when its on. I started to do this for bitcoin but quickly gave up after I read up everywhere its pretty useless. I am now in the litecoin camp and would like a little steer from you experts. As I want to use my existing PC with a powerful mid range GPU GTX 960. What are the current best methods of doing this? There are way to many youtube videos and articles about, the only reason I am asking and raising this now is to know what is "currently" the best method of mining litecoin. I used the GUI MIner located on this thread and it gave me about 330 Mhash per sec for bitcoin. Since switching to litecoin, I am not sure which miner to use. I did use the same GUI miner I used for Bitcoin to do litecoin mining with a pool from wemineltc.com and it seems that I have getting the same hash rate as I did with Bitcoin. It also seems to accept shares exactly like bitcoin. I am not sure if its actually working though. I then found this Cudaminer on which apparently does scrypt mining. Can I get some help with this please? Again, this is just to put a computer that is on 24/7 to good use. Lastly, I have read in a few places that mining with a Nvidia card is not the best thing to do, what are your thoughts? 12+ exclusive games The Bitcoin Casino by Primedice Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. GPU mining litecoin is also useless. There are ASICs for it for a long time now. Look around in the ccminer threads for nvidia miners. Thanks for replying. Can you please tell me which sort of ASICS are actually worth purchasing for litecoin? Also, I could not find the CC Continue reading >>

Simple Litecoin Mining Calculator - How Profitible Is It To Mine Ltc?

Simple Litecoin Mining Calculator - How Profitible Is It To Mine Ltc?

Instructions on how to use the Litecoin Mining Calculator: Enter the hash rate of the Litecoin miner youre planning to use Note: If some values in the Litecoin mining calculator dont seem right (exchange rate, block reward, etc.) you can adjust them manually. However normally they are all up to date. Difficulty factor The more people are trying to mine Litecointhe harder it becomes to actually mine Litecoin. Difficulty is a metric that measures how hard is it to mine? at the current moment. This information is taken automatically from the Ethereum network, you do not need to change it. Hash Rate How powerful is your miner. The more Hash Rate it can produce the higher your mining rewards will be. Normallyyou can get the Hash Rate of a specific miner from its manufacturer. ETH/Block reward How many Litecoins are distributed each time a successful block is mined. This information updates from time to time to keep the Litecoin money supply in check. ETH/USD exchange rate How much USD can you get for 1 ETH. Pool fees Usually miners group together into mining pools in order to increase their chances of successful mining. The pool takes a certain fee from the earnings. Hardware cost How much did it cost you to buy your Litecoin miner . Power How much energy does your miner consume. This information should be supplied by the manufacturer. Power cost How much are you paying for a KiloWatt per hour of electricity in USD. Earningsare shown in USD based on the current exchange rate, the exchange rate can (and probably will) change from time to time. Profitis based on current difficulty to mine Litecoin. Difficulty can (and probably will) change. From past experience it usually goes up as time goes by. EarningsIS NOT profit. You still have to take into account the cost of your mini Continue reading >>

Which Mining Would You Suggest, Bitcoin, Litecoin, Ethereum, Or Another? Which One Is More Profitable For Beginners?

Which Mining Would You Suggest, Bitcoin, Litecoin, Ethereum, Or Another? Which One Is More Profitable For Beginners?

Which mining would you suggest, Bitcoin, Litecoin, Ethereum, or another? Which one is more profitable for beginners? Mining cryptocurrencies is a constantly changing game and what most miners dont seem to take into account is that mining cryptocurrency is a business. In order to be profitable, you need to constantly find new ways to increase your profit or reduce your overhead. Cryptocurrencies are incredibly volatile (especially the smaller market caps) so the price of different cryptocurrencies can swing large percentages in minutes or hours. It isnt uncommon for several different currencies to be the most profitable for a couple hours in the morning and a completely different set of currencies to be the most profitable in the afternoon or evening. You should always be mining what is worth the most. The complexity of the hash rate of any given currency is always changing which either increases or decreases the difficulty of mining any given cryptocurrency which has a direct effect on how much you mine. This means that it is often more profitable to mine one currency in the morning, a different one in the afternoon and yet another different one in the evening. If you would like to know what currencies are the best to mine at the current hash rates and with different hardware types, visit the site, CoinWarz . They are the best site online for comparing the profitability of different cryptocurrencies against each other and with different hardware. It is no longer possible to mine profitably without hardware specifically made for the task. Even with that hardware the margin is very thin, and you will probably not come out ahead unless you know what your doing, dont have any issues, and have cheap or free electricity. If you want to try that hardware can be purchased here Continue reading >>

What Is Litecoin Mining? Learn All You Need To Get Started.

What Is Litecoin Mining? Learn All You Need To Get Started.

What is Litecoin mining? Learn all you need to get started. Litecoin mining is done by specialized computers and hardware. It serves two main purposes: 1) It secures the network and verifies transactions. 2) New litecoins are paid out as a reward to miners. The Litecoin mining industry is less developed than Bitcoins. ASICspowerful computers designed to solve Bitcoins proof of work functionare available for litecoin but difficult to purchase. Because Litecoin uses a different proof of work function Bitcoin miners cannot mine litecoins. Its possible, for example, to buy a Bitcoin Antminer S7 ASIC on Amazon for $714. No such miners are available for Litecoin. The best Litecoin mining hardware available for purchase are graphic cards , but they are not profitable. If you are serious about mining litecoins, one option is to simply mine bitcoins with hardware like the Antminer S7 and convert the earned bitcoins to litecoin. So, how does Litecoin mining secure the network? Like Bitcoin mining, Litecoin uses proof-of-work which makes mining a costly process in terms of both time and energy. In order to send litecoins, transactions must be included in a block. Litecoin miners then verify these transactions through proof-of-work. The miners check incoming transactions against previous transactions on the blockchain. If no double-spends are detected, the miners create a block with new transactions and add it to Litecoins existing blockchain. Each new block is then sent to nodes on the network. The nodes use the miners work to continue to verify and transmit transactions across the network. As mentioned earlier, Litecoin mining requires vast amounts of time and electricity, which isnt cheap. The block reward is paid to miners for each block mined, which provides an incentive for Continue reading >>

Gpu Mining Litecoins - Gtx 970

Gpu Mining Litecoins - Gtx 970

Hello guys, I am looking to mine Litecoins using my GTX 970 until I invest in some hardware, I would like to know the best software to use, which website should I use for my wallet and currency. Also, if I should go for pooling or just use Litecoin Core for solo mining, thank you in advance for your help! 12+ exclusive games The Bitcoin Casino by Primedice Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Quote from: AkaSnake on September 26, 2017, 02:23:35 AM What would be your recommendations for which currency to GPU mine and then trade for LTC ? I don't have a GTX 970, but my guess would be an Equihash coin like ZEC would be a good choice. You can also download the NiceHash miner and run the benchmark feature. That will give you your cards hash rate for various algorithms and how much you can expect to make per day. The NiceHash miner automatically mines the most profitable coins and pays out in BTC. That may be a good option for you since you want to trade for LTC. With NiceHash you do make ~10% less than mining on your own for the convinience. Once you have your cards hash rate, if you want to mine on your own you can use whattomine.com to figure out what would be the most profitable to mine. Yeah, your not going to have any luck with Litecoin. Personally, if you are only using 1 card I'd give winminer a try. I get about .85 to 1.10 a day without any overclock or mod. You can withdraw it to bitcoin, eth, paypal starting at $10.00. Nice Hash is okay, but they are slow to pay and you have to get bitcoin. Because I'm not saving coins it is cheaper for me to go straight to paypal. It is a simple way to start. You could be mining in 10 mins and work out the wallet thing as you go Continue reading >>

Litecoin Mining Calculator

Litecoin Mining Calculator

Enter hashrate data for responsive chart! Enter hashrate data for responsive chart! Estimated Future {{coinSymbol}} Generated To save your configurations, simply bookmark the page you are on currently (Ctrl + D) or save the URL below! The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions. The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. Diff Change value is very large. Future profitability estimates may be inaccurate. Consider making Diff Change smaller or turning off Dynamic Difficulty. Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! Hashrate is the speed which you are mining, and is normally clearly displayed by your mining software or in the specifications for mining hardware. Make sure that you have the correct hashrate suffix selected. For example, if your miner reports 600 GH/s, ensure that GH/s is selected and not TH/s. The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. Time to break-even is calculated by comparing your hardw Continue reading >>

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