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Showing 6 of 6 results by pushitup
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Board Beginners & Help
Re: LTC Mining profitable
by
pushitup
on 11/04/2013, 17:26:20 UTC
Is LTC mining still profitable?
Does one HD7850 make $?
I mining with single 7850. On current difficulty i obtain ~2 LTC per day (notice, diff is growing fast over time). At BTC-e pair BTC/LTC is 0.02 now, LTC/USD 1.77. Not much. You can check profitability of any cryptocurrency here btw http://dustcoin.com/mining
thanks for your answer.
do you mine alone or in a pool?
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Board Beginners & Help
Re: What to do..?
by
pushitup
on 11/04/2013, 17:17:31 UTC
1st lesson in trading business.... DONT PANIK!
2nd lesson dont invest money that you cant afford to lose.
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Board Beginners & Help
Topic OP
LTC Mining profitable
by
pushitup
on 11/04/2013, 16:39:40 UTC
Is LTC mining still profitable?
Does one HD7850 make $?
Post
Topic
Board Beginners & Help
Re: LTC mining on Coinotron - how long to get a share?
by
pushitup
on 11/04/2013, 16:19:36 UTC
I started with BTC Triplemining. With them the last 24hrs of shares you produce count.
I tested also Coinotron. I used the GUIminer srypt and they the speed and shares need some minutes to show up on the website.
However, i didnt took long to get a "reward" as they call it.
If you dont see a speed or a reward in your account after 24hrs then your setup is wrong.

edit: with Coinotron I tested LTC mining.
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Topic
Board Beginners & Help
Re: Noob in Bitcoins and Mining!
by
pushitup
on 11/04/2013, 16:07:39 UTC
from your screenprints i see that you are mining with 25.7mh. That's to low to be profitable.

here are two links for you:
btw calc:
http://www.bitcoinx.com/profit/

hardware comparison
https://en.bitcoin.it/wiki/Mining_hardware_comparison

nobody knows when the ASIC mining hardware will be ready. But then the difficult level will be pushed up so high that the CPU and GPU bitcoin mining will die.
All these GPU miners will flip to litecoin mining.

So my advise would be, stay away from mining, or buy a good GPU based rig and mine litecoins.

greetings to germany...  Grin
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Board Beginners & Help
Topic OP
Cash out // withdraw from exchanges // btc to $
by
pushitup
on 11/04/2013, 15:57:42 UTC
What method is the best way to sell btc over mt gox, or other exchanges, and withdraw the money to a US Bank account?