You guys really think so? What would the timeframe be to unlock a block with my HW? I only decided to solo mine LTC because I was under the impression that it was easier than BTC. Would it be more profitable to pool mine LTC or BTC with my HW?
Thanks.
edit: i am currently getting 280kh/s. Is that decent?
http://www.litecoinpool.org/calc?hashrate=425&difficulty=205.77652398This is an estimate of what you could be getting in a pool vs. expected probabilities of finding a block. I found the hashrate of 425 over here:
https://github.com/litecoin-project/litecoin/wiki/Mining-hardware-comparisonI am afraid your 280 is slower than it should be.
Looking at the numbers, it will take you almost a month to get the reward of 25 coins, $4 and change each, versus $260 a month in a pool.