Can you mine litecoin with a bitcoin miner

In my previous Reckoner feature about Litecoin, I came to the conclusion that I had three options on the table at that stage of my experiment mining the crypto-currency.Thinking myself to buy one of those asic models (cheapest) and get 1 bitcoin and be happy with that because it seems the train has already left the station for me.

I whipped up a few spreadsheets to either justify my actions or remonstrate myself for wasting money.Quite recently, an increasing number of miners and hackers have begun to examine the technological capability of the Raspberry Pi 2, by using it to mine bitcoins or.You want a computer that uses the least amount of electricity, running as many AMD 7950 GPUs as you can afford.Learn more about bitcoin mining: your investment to get started, helpful terminology and whether you can make money doing it.You can also read the latest news, or engage with the community on our Bitcoin Forum.Of course, the more people joining the race, the more those coins will climb.Hold on to them as I suspect their value should be 10% of btc.

T he images used for both products look identical, making it impossible to distinguish between the designs for either miner.You will find hundreds of posts on how to build a Litecoin or Bitcoin mining rig and most of these posts simply show you how to toss things together so you can get.Just keep mining ltc n amass an arsenal.if they ever hit 100 youll get your money back, look at btc.Look at it in 4-5years time, then tell us if you have made a profit.To learn more about Bitcoin, you can consult the dedicated page and the original paper. As more people start to mine,.

If you really consider mining litecoin an investment, you have to stick with it for longer than a few months -treat it like a business.The only thing mentioned is that the chips are 16nm High-Performance Process chips.Could someone point me in the right direction w.r.t hardware setup.Bitcoin mining results august 2017 with my bitcoin mining contracts.The strategy of LTC seems to be keep track of alt coins and keep going.How you can Make Money With Bitcoin. Making Money With Bitcoin Mining.Normally stashing a few rigs at work, hoping nobody notices (hah).First, mining bitcoins is done via. check out your backyard and see if any places are accepting Bitcoin or Litecoin where you live.The company will use courier services offered by UPS and FedEx, ensuring delivery within three to seven business days.

I actually made over 20k profit and still held onto a huge amount of coins, plus the rigs.

Pros and Cons of Starting Bitcoin Mining Farm, No More

cpu - Bitcoin mining with Integrated graphics - Super User

How fast are you able to deploy miners in the data centers and has it been a challenge.This whole article can be disregarded as stupidity because you missed out on such a basic requirement.Daily tech news straight to your inbox, with an Aussie slant.

Has been fascinating watching the progress, reading your tweets and these posts.Calculate with pool fees, current difficulty and future difficulty.

When ever you deal with a project like this, you have to be very patient, it can some times take years to get a return.Nobody in AU making money out of Litecoin is paying for power.Even though pH Miners has listed their office addresses on the website — two small locations in the United States and Japan — their company information is hidden in the WHOIS records.

Litecoin Mining - Earn Profits while Mining Litecoins

What else could I have done with the same resources and what would have been the result of that.

Want to make money mining bitcoins? Criminals have you

For bitcoin 'miners,' nice work if you can get it - CNBC

PH Miners Inc. is a new mining hardware company, and we wanted to find out if they can deliver on their promises.

If you are just starting out as a potential miner, you stand a better chance.If you want to make profit with Litecoins, be the pool not the miner.Download this app from Microsoft Store. the free easy-to-use Bitcoin miner.It would have been a dream venture that richly rewarded you had you been a little more dedicated and patient.Recently I spent a few weeks mining ADT at an average of 200% profitability of LTC.Criminals have you beat. those computers can barely mine a fragment of a bitcoin in.Check Check to see which are the most profitable coins to mine.