Litecoin mining profitable

I guess the days for BitCoin mining with easily available hardware has become close to impossible unless you literally own a mining farm.Nothing to laugh about and it repeats itself again for 2014 and so forth.

If you still have the resources (or still have some capital), your start up costs are already paid for.Explore the colorful world of cryptocurrencies and create a solid foundation for successful Bitcoin and crypto mining.I used a rig similar to yours, and with expensive power costs.This is a great post, a lot of useful information for people starting out in this new crazy-but-fun trend.

Take these PVOutput stats from a 10kW system out in suburban Melbourne.My dad is going to use 50 machines (minimal 32 gb ram each) from his work to mine (free gear and electricity basically).You want a computer that uses the least amount of electricity, running as many AMD 7950 GPUs as you can afford.The other, OTHER way to look at it is, if he continued mining for these 4 years, he would have made a bajillion zillion dollars.A Bitcoin Mining Guide to Choosing a Profitable Mining Pool. People usually mine Litecoin or Bitcoin directly using a single coin mining pool.

Litecoin Mining Calculator with Pool Fees and Next Earnings

This could mean that continuing to mine may no longer be profitable after miners add in.

There are many ways to mine Bitcoin, including cloud services.Now, take that same drive and determination that you sunk into Litecoin and go make millions doing something real.Bitcoin mining at home became obsolete long time ago with difficulty rise.

Find out how to earn with Bitcoin mining and estimate your profit.

Bitcoin Mining Profitability – An Example |

Litecoin: The Silver to Bitcoin’s Gold – Brian D. Colwell

Masonisbetter Jan 6, 2014, 6:35 PM. The price rise is from litecoin mining not bitcoins.

I Can buy your LTC, above the market rate, with a profit to you, please contact.Surprisingly with recent price surge home bitcoin mining becomes profitable again.Litecoin mining is certainly profitable but there. the Profitability of Building a Litecoin Mining.Learn how it works and the tricks of the trade if you want to start your own Litecoin mining journey.The only thing you did wrong was to leave too early, and to have sold your hardware.Mining bitcoins and litecoins can be really profitable if done right.

3 Bitcoin Alternatives Tested & Compared: Litecoin

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.Good luck getting a permit to put one up anywhere in Victoria too.

I know a few people mining alt-coins on commodity hardware and are making a bit more profit on it than if they mined LTC directly.


I actually made over 20k profit and still held onto a huge amount of coins, plus the rigs.

Keep your current LTCs that you still have and come back in a couple years to see if it multiple in price.Mining a specific cryptocurrency (i.e. Zec) can be more profitable than mining another currency, i.e Bitcoin. Thus a key question for miners is: what is a good.

Home Bitcoin Mining Becomes Profitable Again With Price Hike

Find out what your expected return is depending on your hash rate and electricity cost.Look at it in 4-5years time, then tell us if you have made a profit.

These include litecoin,. and competing against large mining pools have made it harder for the hobbyist to profit on mining.