Is litecoin mining more profitable than bitcoin

According to Litecoin creator, Charlie Lee, the L3 is 2.5x times as efficient as the A4.They all take energy to manufacture, it takes more energy to make a penny then it does to mine one.

LTCRabbit - Litecoin Mining Pool - Best Bitcoin Reviews

Hi Anil, Litecoin and Bitcoins are using different algorithms, although theoretically, you could mine Bitcoins with Antminer L3 but it involves coding and it will not be efficient and profitable.Mining Bitcoin Cash is far more profitable right now and that percentage only keeps increasing,.Although it no longer enjoys an 80% or more share of the. or sell Litecoin than they would Bitcoin. Mining Is Easier.Bitcoin Profitability Calculator. exchange rates it might be more profitable to buy bitcoins than to mine. underclocking tool powered by bitcoinX.

NVIDIA GPUs have a design flaw in them that makes them take 3 ALU cycles to do 1 Integer operation.Litecoin A Full Guide To Getting Started With Mining Litecoin Read More,.Massive surge in Litecoin mining leads to graphics card shortage.You need a different specialized hardware for Bitcoin mining, you can find an article about this here.These factors have led to a close profitability parity between both networks as bitcoin mining is currently only 2-6 percent more profitable to mine.

With the new push, bitcoin cash miners are making around 2% more mining on bitcoin than they do on.And what that basically means is that the 5970 is likely pulling significantly more power, but matching the performance of the R9 290X.

Mining bitcoin: How bitcoin miners work — Quartz

Yes, if you mined hundreds of Bitcoins between 2011 and the present day, you may have just settled your retirement — but the chances of predicting an essentially unpredictable market are too high.There are advantages and disadvantages to the use of fiat currency.

How is it any different from say mining for gold to be put into a bank vault.Litecoin boasts much more efficiency and more supply for the market than Bitcoin,.

Pros Great value for money The most efficient Scrypt miner today Relatively quite.Difficulty going up correlates to value going up, but correlation is not causation.Prime numbers are quite valuable to cryptologists, as asymmetric cryptography depends on them.If you can turn Bitcoins into real money, then Bitcoins by definition have value.Particularly if purchasing from a new, unknown crypto miner site, ensure that you only order from a reputable supplier.The nice thing about Litecoin is, because it is resistant to becoming an ASIC arms race (thus far), everyone will be in the same boat when it comes to hashrate as the difficulty rises.Why Bitcoin Miners Should also Mine Dash, Litecoin,. and Ethereum are more profitable to mine right now than Monero.

This compares favorably with the slightly larger A4 Dominator, which is 28 cm by 26 cm by 13 cm.Why Litecoin Is Equally Good Or Better Than Bitcoin. I preannounced Litecoin on Bitcointalk, so people could mine it from the.Mining Crypto Currency. Whether or not Bitcoin mining is profitable depends on how much one is willing to invest.Crypto would be worthless to them without a means of conversion to real currencies.Computing Phones Cars Gaming Science Extreme Deep Dives Deals About ExtremeTech ET Forums Contact ExtremeTech Terms of Use Privacy Policy Ziff Davis.For a society to function, there needs to be some regulation.Sexcoin is where it is at now. 600% more profitable than LTC.

Made some tidy profits with BitCoins in 1 year, but not any more.A simple easy to use UI for minerd.exe or cgminer.exe Bitcoin,Litecoin.As technology improves and more efficient Bitcoin mining equipment developed, competition.Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin. With the new push, bitcoin cash miners are making around 2% more mining.

Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin

Bitcoin Cash Flips Mining Profitability - Bitcoin News

A Beginner's Guide to Litecoin Mining -

Sexcoin is where it is at now. 600% more profitable than LTC at current rates.

That is to say that the bigger the mining operation, the more profits.Browser-Based Mining Malware Found on Pirate Bay, Other Sites.If that's true, it could reshape the crytocurrency playing...

What is bitcoin mining — and can it be profitable in 2017

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

And to make matters worse, Litecoin mining pays 25 tokens for every block,. Relax. I know that one bitcoin is worth more than 25 litecoins.Charlie- but how do governments ban a peer to peer currency anyway.This site may earn affiliate commissions from the links on this page.

Will Litecoin Price Go Up – Future Prediction – Will

Litecoin Mining Profitability Guide - Furuknap's

Windows 10 Store has a Litecoin Mining App no one Should use JP.Due to the price growth, it is becoming more profitable to mine bitcoin cash than bitcoin. the mining profitability difference between the two blockchains is 8%.