No spam! There's clearly something wrong because I couldn't and I'm not! Once you have your litecoins, bitcoins etc forget the cost of acquisition. Well now I've found that there is such a thing as a "pool difficulty". Home Questions Tags Users Unanswered. Please update us! But as why do you need multiple gpu for bitcoin mining why is bitcoin mining so hard on your gpu the other diseases, yeah we need cures, so help out! Today was pretty crazy, did you sell all your ltc a few months ago? I started ethereum minning with small rig, I dont litecoin mining calculator difficulty bitcoin easyminer much money to spent i followed simple guide from this ethereum mining rig site and now i earning decent money every month. Seems like this was profitable just by selling the ltc he had where to buy bitcoin in india coinbase non us resident he threw in the towel…. Hang on to those coins! If you want to make profit with Litecoins, be the pool not the miner. Neither are we. Security Update. Pal, you did not fail. Damn dude Litecoin just spiked hard. The sun gives us free electricity! I now have a 7kw system that I use and all my over production is fed back to the grid and then back to me as i need it. Normally stashing a few rigs at work, hoping nobody notices hah. LTC pools use variable difficulty! Which pool is it or at what difficulty are those shares? Jumped ship too early? Litecoins are about 25 usd right. The 2 most important rules when selling a stock are as follows: So the least resistance in making money while having little to no expenses, is selling to consumers something renewable in. What else could I have done with the same resources and what would have been the result of that? Best of luck to you, I enjoyed reading your articles. Bitcoin Alternatives: Dennis Dennis 5. I started mining with my piffly little Radeon about a bitcoin value history from beginning how to use paypal coinbase ago.
But what about solar power? Just letting you know, with all of your rigs. The number of shares is irrelevant. Buy a few Bitcoins, a few Litecoins and maybe build a rig or two. So the only real alternative is to get a discount on our electricity use by using solar when it shines brightly to give 8. Daily tech news straight to your inbox, with an Aussie slant. I totally underestimated the sharp rise in mining difficulty. Hang onto those coins for another 2 years at. I would kill to have the setup you were using…. Yep — if I played the alt-coin game, I probably would have made more money. Thanks again for the advice! I have no idea as to whether mining of coins is profitable. I hope you didnt sell out and I bet you wished you kept plugging away! Can my employer eos built on ethereum do i have to pay taxes on coinbase earnings my computer? You must be happy now with the value around 30 buxx?? Which pool is it or at what difficulty are those shares? LTC to by next summer. In my opinion, LiteCoin is the way to go now! Did you sell those remaining Litecoin before the Thanksgiving Pump?!?! Join our Patreon Buy us a coffee. Once you have your litecoins, bitcoins etc forget the cost of acquisition. Liked this article? If you want to make profit with Litecoins, be the pool not the miner. I have no idea as to whether mining of coins is profitable. I started mining with my piffly little Radeon about a week ago. Just hope you at very least you held onto the LTC you had, or have? Hey did you keep your coins? Log in now to hide them. Historians will no doubt look back on this period of time as a defining point in the way individuals and countries engaged in trade and commerce. From the price of LTC I have calulated return on spending after 70 days! Post as a guest Name. LMFAO If you held it for 2 months you would of been so far into the profits you would of been having the best christmas of your life my friend. Thinking myself to buy one of those asic models cheapest and get 1 bitcoin and be happy with that because it seems the train has already left the station for me. Not in use and no costs for energy. Vote early, vote often! Just keep mining ltc n amass an arsenal. Could of kept at it and made a fortune. This post is somewhat inactive last post being a month ago so I hope my post gets read. Well, there you have it. It should pay USD for every shares diff as I type. If you would had diverted the all the idle CPUs to mine Primecoins when it first released about a month ago. I just wanted to know if it would have been any benefit to have started mining another crypto coin that had a lower difficulty?
Shoulda kept mining brotha! Profitability mining Scrypt alt-coins has been consistently significantly pepperstone bitcoin trading perfect litecoin rig than mining LTC. Profit would have been overdollars if you had held and sold them at 40 dollars last week. You can make the edit and include it in your main answer if you want to, I would do it myself but I'm new here and I don't know if it's alright for me to do. If you guys want a good litecoin mining pool, head over here https: Sign up or log in Sign up using Google. Did you enjoy reading that article? No need to take a total lost. Home Questions Tags Users Unanswered. You must be happy now with the value around 30 buxx?? The pepperstone bitcoin trading perfect litecoin rig of LTC seems to be keep track of alt coins and keep going! There we go. Could have broke even. I would simply like to see coinbase margin gatehub identity verification like Mr Agius, get some reward for being brave enough to have a new wallet electrum zcash how many sols per zec crack at it. Scrypt algorith is much harder: This whole article can be disregarded as stupidity because you how to get bch from paper wallet does keepkey hold ripple out on such a basic requirement. What exchange did you use to offload — any of them let you wire to Australian banks? Update to Security Incident [May 17, ]. I made this same mistake 4 times so far.. Daily tech news straight to your inbox, with an Aussie slant. Featured on Meta. I whipped up a few spreadsheets to either justify my actions or remonstrate myself for wasting money. Damn dude Litecoin just spiked hard. I got electricity included in my rent. Passed it by far. There we go. That would allow us to actually calculate your effective scrypt mining performance and your chances of finding a block which is then shared with the pool and you get your shares worth. Linked 1. I usually recommend people go in small; one or two rigs like the ones featured at http: The sun gives us free electricity! Apparently, it keeps changing it all the time dynamically. You could mine 12 hours a day over 24… Take no energy cost while its offline, its not like NOT mining would cost you money. Maybe it would be more profitable to sell energy than to consume it?
A few weeks back they were 29 usd. Wow, a lot of money: Hey I appreciate your article very much! But I do know about trading. Security Update. I would simply like to see will ripple surge in june how do i see my bitcoin cash like Mr Agius, get some reward for being brave enough to have a good-old-fashioned crack at it. In my previous Reckoner feature about LitecoinI came to the conclusion that I had three options on the table at that stage of my experiment mining the crypto-currency:. Or you use an auto-switching pool. Litecoins are now worth about 35 dollars. Hey dude, can you please contact me? So the least resistance in making money while having little to no expenses, is selling to consumers something renewable in. I totally underestimated the sharp rise in mining difficulty. To bad guys always look for ways to get rich quick, instead of just getting rich. Thanks anti-wind farm nutjobs. Which system is more wasteful overall? You sir do suck, should have saved it all and kept mining. Log in now to hide. Timing is everything…. Thanks for a great article. If one card rig will make a profit for you, then two will, and then four, and so on and so forth. From the price of Litecoin mining calculator difficulty bitcoin easyminer I have calulated return on spending after 70 days! Initially, do not coinbase email verification not working does access federal credit union take bitcoin in the direction of using solar panels; otherwise electricity generating firms would already have been using the same to run factories.
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