Quote from: Ahimoth on February 17, 2012, 04:24:38 AM

Quote from: shawnp0wers on February 17, 2012, 04:05:28 AM

Anyone like crunching numbers? What would the price of LTC need to be in order to make GPU mining worthwhile? I don't think we're there, but like I said, I haven't run the numbers at all.

easy.. the same rig on bitcoin would make $5.17 daily, whereas on litecoin it would make $6.11 daily. This is according to allchains.info.

I guess everyone is ignoring my math that it is currently more profitable to mine LTC on a gpu rig than it is to mine bitcoins on that same rig.

Admittedly this is with the gpu miner kept private. If the gpu miner is released to the public, the ltc difficulty will likely increase, making the profit margin smaller, or putting bitcoin back in the lead.