blastingcap
Diamond Member
- Sep 16, 2010
- 6,654
- 5
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Any thoughts on litecoins? Would that be a good early investment to get into?
I thought those haven't been profitable in ages, so a mad rush of ex-BTC GPU miners going into Litecoins is likely to make it even worse by driving up the difficulty to obscene heights. The only way this would change is if demand for Litecoins goes way, way up.
Edit to add: https://bitcointalk.org/index.php?topic=114443.0
So Litecoin might be profitable if you have cheap enough electricity. But apparently it takes 38% more electricity to mine, and runs a lot hotter due to stressing core AND memory clocks. One guy said his card ran 15 degrees C hotter than when BTC mining, and that it is cheaper to mine for BTC and use the BTC to buy Litecoin.
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