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Litecoin Miner Calculator

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 >>

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 >>

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 >>

Litecoin Mining Calculator With Pool Fees And Next Earnings

Litecoin Mining Calculator With Pool Fees And Next Earnings

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. Litecoin can be mined with consumer-grade hardware. Learn more To get started with your mining rig, read the Absolute Beginners Guide To Litecoin Mining Hashrate - This is a measure of how quickly your hardware can do the work of Litecoin mining. You can find out the expected hashrate of your hardware at the mining comparison page . Hashrates in this calculator are expressed in kilohashes per second (Kh/s) each of which equals 1000 hashes per second. Megahashes (1,000,000) and gigahashes (1,000,000,000) are commonly used to describe larger Litecoin mining rigs and the total network hashrate. Difficulty - To ensure blocks are found about every 2.5 minutes, the Litecoin network adjusts this parameter every 2016 blocks which takes around 3.5 days. See historical charts Pool Fee - To fund development, maintenance and hosting overhead, some pools charge fees as a percentage of coins mined. Enter the percent here to have the result decreased accordingly. Next Earnings - This section helps you estimate your earnings once the difficulty changes next. These numbers can swing wildly and are most accurate as the difficulty change nears. Continue reading >>

A Better Mining Calculator - The Miners' Union

A Better Mining Calculator - The Miners' Union

The current mining calculators are linear. By our observations, the key drivers to projecting mining profitability exhibit exponential behavior. A better model is needed. Were not claiming our model is perfect but its better than a linear projection. So if you use any of the other popular mining calculators, you punch in your miner details and it tells you how much youll make today given your contribution to the global hash rate. Then in multiplies it by 7 to get a weekly projection. By 30 for a month. By 365ish for a year. Those pictures start to look real rosy, especially during a paradigm shift when a more efficient piece of hardware is introduced and the calculator says to you, I know theres no such thing as a get-rich-quick scheme but this ones for real!. This isnt to say that mining isnt profitable. It is. Wildly. But a better method is needed to more accurately project what a miner will make such that one can make more accurate plans. The premise of our model is that there are three primary driving variables to the amount of value produced by a miner: hash rate, the global hash power, and exchange rate. Hash rate is an independent variable. Its supplied by the user and represents the individual hash contribution (per second) that the miner contributes to the global hash rate. The global hash rate is the sum total of all miners focused on finding a block for a given network at a given time; the total sum of all of the individual hash rate contributions. The foreignexchange rate (hereafter fx rate) is the ratio of the cryptocurrency the miner produces to another variable in which value is more relatable to the user. Fx rate is obviously not required to determine value [1] , but to the uninitiated it would be akin to attempting the mental math required to convert k Continue reading >>

Litecoin Price Chart Us Dollar(ltc/usd)

Litecoin Price Chart Us Dollar(ltc/usd)

Read the Disclaimer : Trading is a highly risky activity. Do consult your financial advisor before making any decisions. CoinGecko will not be responsible for any trading decisions. Each week we will be adding a few new coins to this ranking. If you want to see your coin on this ranking earlier, drop us some comments and feedback at [email protected] Like what we are doing? Donations are welcome! 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 >>

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 Mining Calculator And Profit Calculator

Litecoin Mining Calculator And Profit Calculator

Litecoin Mining Calculator and Profit Calculator Days to generate one block mining solo: 1370.25 Day(s) (can vary greatly depending on your luck) Days to generate one BTC: 3055.17 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 >>

#1 Best Litecoin Mining Hardware Asics For Scrypt 2017 / 2018 (comparison)

#1 Best Litecoin Mining Hardware Asics For Scrypt 2017 / 2018 (comparison)

Jordan Tuwiner Last updated July 13, 2017 Litecoin hovered around $3 for a long time . Recently, it has surged to $45+ and with that price rise has come renewed interesting in Litecoin and Litecoin mining hardware. This article will cover the best Litecoin mining hardware that is available on the market. Before we jump in, know that you can use a Litecoin mining calculator to try and estimate your possibility of making a profit. You can put in hash rate and estimated electricity costs to try to guess your earnings and profit. The best Litecoin mining hardware on the market right now is probably the Antminer L3+ . It mines at 504 MH/s. The only issue is it does not ship until August or September 2017. Bitmain has always been a trusted Bitcoin mining hardware manufacturer. Lately, however, the company has come under heat for adding a backdoor to their hardware . No malicious intent by Bitmain has been proven, but this is still a risk to be aware of if you buy the hardware. There is a 180-day warranty in case your miner breaks or stops working for some reason. Also note that for this miner or for any other hardware, youll likely need a fan and some other mining equipment so the miner does not overheat. The miner consumes 1.6 Joules per Megahash (MH/s). You can buy the Antminer L3+ directly from Bitmain , or on eBay or Amazon. Litecoin is one of the most liquid cryptocurrencies. After Bitcoin, it is probably the most widely accepted and recognized. Despite this, there are other Scrypt currencies that may be more profitable to mine than Litecoin. This simply means that in USD terms some other Scrypt coin may be more profitable to mine than Litecoin at a given time. This constantly changes, though, since the altcoin markets are very volatile. You can mine a different scrypt Continue reading >>

Litecoin Mining Calculator And Profit Calculator

Litecoin Mining Calculator And Profit Calculator

Below are Litecoin mining miners available to buy in market. Notice no manufacture have ever delivered on time. LiteCoin Calculator will update delivery dates as new informations become available. Last Updated June 7 Pay for miner(s) with Litecoins ? Input exchange rate when paying to find out profitability in LTC. Continue reading >>

How To Calculate Estimated Profit Using Hashrate?

How To Calculate Estimated Profit Using Hashrate?

How to calculate estimated profit using hashrate? Profit is calculated via the deduction of expenses from income. The income consists of daily payouts which size depends on the hashrate. In order to calculate an estimated income using the hashrate you will need to include it in one of the calculators below (set all Power values to zero): 3. Ethereum - for ETHASH (set all Power values to zero) 4. DASH - for X11(set all Power values to zero) 5. Zcash - for EQUIHASH(set all Power values to zero) Next, deduct the maintenance + electricity fee of 0.0035 USD per 10 GH/s of SHA-256and0.005 USD per 1 MH/s of Scrypt from the income. ETHASH,X11and EQUIHASH contracts are not subject to any fees. The sum you end up with is your estimated profit. Continue reading >>

Litecoin Mining Calculator

Litecoin Mining Calculator

Disclaimer : Above mining calculator is an indicator of profitability you get as on date. Kindly note that profitability which is dependent on various factors like difficulty levels , price of bitcoin may go both up and down on movement of various factors. Customer /Investor may kindly take a note that nobody in the world could ever estimate future returns and any scheme which is committing fixed return is no less than a scam. Historically bitcoin prices have gone up and mining have giving amazing returns but there is absolutely no commitments. Then, click on Calculate Mining Returns And you will get the estimated profit amount Based on current Litecoin exchange rate, you will get the mining returns. The exchange rate will vary with the time. Returns will be based on the current mining difficulty of Litecoin . Mining difficulty level will change from time-to-time. Mining returns are not profit. You need to consider various relevant costs, including mining hardware and electricity when calculating the profit amount. Calculating Litecoin Mining Profitability The cryptocurrency might shut down and attacked without miners. In Litecoin mining, miners plays an important role in the network and earn mining reward. When a miner solves the cryptographic problems successfully and places a new block on the blockchain, he/she gets rewarded with an amount of Litecoin. How Litecoin Mining Returns are Calculated? In a nutshell, you can make use of Litecoin mining calculator and fill up the information, including cost of electricity and mining hardware. Then, accordingly you will get a profit amount of Litecoin mining. However, remember various factors at the time of calculating the mining returns like mining difficulty and price of Litecoin as they vary with time and can impact the e Continue reading >>

Is The Antminer L3+ Litecoin Miner Worth Buying Now?

Is The Antminer L3+ Litecoin Miner Worth Buying Now?

Is the Antminer L3+ Litecoin miner worth buying now? I'm very seriously thinking of purchasing one (1) unit of the Bitmain Antminer L3+, for mining using NiceHash or some other mining pool. I've been following cryptocurrencies for 3+ years now, but I'm a newbie when it comes to mining. I know that mining Bitcoin is now almost unprofitable for small-scale setups, so I thought that the L3+ may be a suitable choice, considering that Scrypt mining is still not as heavily saturated as SHA256. The profitability figures shown in NiceHash are remarkable, see below: Electricity cost: 115 EUR/month (@ 0.2 EUR/kWh) Now, here in Europe, the L3+ can be bought for around 3200 EUR, including the power supply, VAT and shipping costs, and I will have it in my hands on December 2017, which is very late considering the fast pace things are changing in this space. Notice the above title: "Past earnings", which leads me to the question: what should I expect to get from this miner in the future? What about the change in difficulty for Litecoin and other Scrypt coins? Also note that the electricity costs where I live are quite high (around 0.2 EUR/kWh), a non-negligible negative term in the equation. So, what do the experts here think? Does it make sense financially to set this rig up? Is it economically viable? Will I achieve ROI in a reasonable amount of time (if ever)? Is it worth the money, time and effort? On paper it looks great, but I worry that it may just be too good to be true... Alternatively, should I investigate using graphics cards (GPUs) for mining? Many thanks in advance for any comments, suggestions and advice you can give me. I ordered 4 units of L3+ from Bitmain on July. They should deliver me form 21.9. You can count that around 10,000 devices will be plugged in in Octobe 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 >>

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