Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: GPU mining is dead now.
by
MangoJ
on 01/07/2013, 21:02:20 UTC

Bitcoin mining is 50% less profitable than Litecoin mining right now, see coinchoose.com

Please explain to us how you think that litecoin is more profitable than bitcoin?
50% is such a nice even rounded number, that I'd like to know how you mathematically reached it.

That website does not compare BTC to litecoin.

I used a litecoin calculator and found that it earns less coin and less USD per GPU.

I am NOT using "room to grow" speculation.
Speculation is guessing.  Guessing is not fact.
Lets talk about today, not the hypothetical future.

If you're only interested in talking about "today", you may very well not mine. Are you going to invest, get ROI today? Anytime near today? Ever before? No and no. So...

If you are going to support the false information that was offered "50% less profitable" then you are a fool.
If you are not going to read what I said, you should not attempt to insult me.  (I began this thread saying I have already earned more than my ROI.)
So lets talk about my ROI in the past, not the future.  Nice attempt to sound like a big shot with your buzzwords but you just blew your facade but trying to sound cool.

Bottom line, you are avoiding the FACT that today, and tomorrow litecoin earns LESS than BTC, and BTC is dead to GPU unless you have free power or want to risk burning out a GPU and then go into the negative.
That is to say nothing of ROI, which is long dead for GPU mining if you are thinking of buying GPUs today.

On another note, I noticed you claim to mine multiple coins.  A foolish speculative play when you can clearly see which is the better, mine that, and switch to the top coin of the day as needed.
Instead you waste your timing mining dead coins?

 Yes and yes?  So....

(PS:  Learn to read at least the first post, and keep your story straight so you don't get called out.)