Quote from: philipma1957 on August 01, 2014, 06:06:55 PM

Quote from: fazzer on August 01, 2014, 05:39:40 PM

Quote from: TookDk on August 01, 2014, 05:31:54 PM

Quote from: fazzer on August 01, 2014, 05:20:14 PM

Quote from: TookDk on August 01, 2014, 05:09:38 PM

Are you planing on mining litecoin with a antminer u2? Cheesy

lol yah but why??
EDIT: and i wanted to know about your trick!!

Oh you are serious ... Sad

The antminer U2 can be used to mine SHA-256 based coins.
Litecoin is a scrypt based algorithm, so you cannot mine litecoin with antminer U2.

Here is a good place to start:
http://www.coinwarz.com/cryptocurrency

However the calculations does not take difficulty into consideration...

I can see that you knowledge-wise are almost starting from scratch, you could consider getting a used graphic card, I have seen a R9 280X sold for less than $100. And then mine a bit and get some experience. You will not make a profit, but you can make some experience, and after you will still have a ok graphic card to play games with.

Alternative strategy would be to invest in a PoS coin, like MINT or BC. Then use your normal PC to stake coins. But getting into altcoin is also a risky business.

But really, you should HOLD ON TO THOSE BITCOINS and not spend them.

sorry i forget about it Embarrassed

and i am planing to buy more btc can u help me??

EDIT:and bro i was thinking that to invest in new coins like in the algo of x11 and x13 i dont know much about them and how to mine them .

consider being hosted . read my hosting info thread

https://bitcointalk.org/index.php?topic=698679.msg7894701#msg7894701

keep your coins. and buy a lower cost hosted miner. they have some for btc and some for scrypt. you can use a cc to pay

feel free to ask advice as a newbie.

yah bro i am pming u about it