litecoin more profitable

Bitcoin Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 4 down vote favorite I don't pay for my own power, but I have two problems mining.I am CPU mining at 250 mhash/s because my AMD Radeon HD 7800 series graphics card will only produce 4.0 mhash/s (the other problem I'm having that I don't understand) but my main question is- what is more profitable to me?litecoin mining or bitcoin mining?litecoin mining-profitability gpu cpu up vote down vote Litecoin mining is currently more profitable for likely all GPUs.From the bitcoin and litecoin hardware wikis, you'd get 300-400MH/s for bitcoin mining and 340-470kH/s for litecoin mining if you set it up properly (and there is something VERY fishy about you getting 250MH/s with your CPU, I'd guess it is using your GPU though you don't know it...).For bitcoin, the current difficulty is about 6,500TH/s.

Thus, you'd own about 300/6,500,000,000 of the network.At 25 bitcoins per block, 6*24 blocks per day, and $800 per bitcoin, you'd make about $0.13/day.There is specifically-designed hardware for mining Bitcoins, which is way more powerful than GPUs, so unless you can buy a dedicated mining ASIC, your energy bill would overcome your revenue.For litecoin, the current difficulty is about 90GH/s.Thus, you'd own about 340/90,000,000 of the network.At 4*6*24 blocks per day, 50 litecoins per block, and $25 per litecoin, you'd make about $2.72/day.It uses a different algorithm (called Scrypt) than Bitcoin.FPGAs and ASICs can't be optimized for this algorithm as much as they can be optimized for Bitcoins' algorithm, so Litecoins are mined exclusively with GPUs.This means that you can still be comptetitive, and you should mine those.up vote 4 down vote Your best bet with a GPU is to mine scrypt coins.That pool automatically chooses the most profitable scrypt-based coin to mine and pays out daily in bitcoin.

I have 4 7950s pointing at middlecoin and make between .05 to .1 bitcoin per day.up vote 1 down vote Dogecoin is the most profitable scrypt coin as of today.With growth from 0.05 BTC for 1 million to 0.35 BTC and difficulty rise from 4 to 101.67 in a week.Dec 9 - Dec 15, 2013 up vote 0 down vote I don't think you have a choice.You will not do much mining bitcoins with MH/s.You need at least a few GH/s.Not sure about litecoin.If you want to mine bitcoins you have to look for specific hardware (butterfly labs kncminer) or cloudmining like cexio Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.Not the answer you're looking for?Browse other questions tagged litecoin mining-profitability gpu cpu or ask your own question.Scrypt Scrypt-N Hash rate: Power (Watts): Power Cost ($/kWh): Daily Power Cost (USD): BTC/USD Value: Coinbase: $2,720.35 Bitstamp: $2,707.03 itBit: $2,704.53 BTCe: $2,668.05 Bitfinex: $2,656.80 Reset Calculate Profitability Scrypt Cryptocurrency Coins The following list of cryptocurrencies are being compared to Litecoin to determine if a given cryptocurrency is more profitable to mine than Litecoin based on the hash rate information provided.

The current profitability information displayed is based on a statistical calculation using the values entered and does not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, a pool's efficiency, and pool fees.
bitcoin money laundering ukYour individual profitability may vary.
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bitcoin action bourseMining cryptocurrencies is a constantly changing game and what most miners don’t seem to take into account is that mining cryptocurrency is a business.
the bitcoin heistIn 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.
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It isn’t 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.
now accepting litecoinYou 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.Good luck!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, don’t have any issues, and have cheap or free electricity.If you want to try that hardware can be purchased here: Buy ASIC Bitcoin Miners & Bitcoin Mining EquipmentPerhaps if you already own the right GPU (high end AMD) and cheap power, or get the secondary benefit of heating a room that you needed to heat anyway Ethereum might still be viable to do on your PC.Hashrate for Ethereum on various GPUs 7 Best Ethereum Mining Hardware ASICs & GPUs 2017 (Comparison)Profitability Calculator Mining Calculator Bitcoin, Ethereum, Litecoin, Dash and MoneroInstructions for Windows How to mine Ethereum or Ethereum Classic on a Windows PC - Mining Tutorialtldr: Probably not worth your trouble.Get a wallet and mine to it.I mine straight to poloniex and make bad decisions from there.If you are a total beginner, just starting to mine is a huge pain the butt unless you are a programmer.Also Eth OS is pretty cool too.And be ready for render/ hard drive farms to be more profitable.