1. Check out OCAU's review of the SpaceX Starlink satellite internet service!
    Dismiss Notice

Litecoin mining LTC/FTC/DGC/ETC (Do not offer items for sale in this thread)

Discussion in 'Blockchain & Cryptocurrency Mining' started by ernie, Apr 3, 2013.

  1. flinchy

    flinchy Member

    Joined:
    Jan 18, 2007
    Messages:
    6,376
    Location:
    Northlakes
    it does annoy me that people say 'oh it's mostly luck' when the price has gone up

    or it's because the idea of cryptocurrency is pretty sound?

    litecoins won't go to zero because they're the first scrypt coin.
     
  2. flinchy

    flinchy Member

    Joined:
    Jan 18, 2007
    Messages:
    6,376
    Location:
    Northlakes
    what/?!

    oh that makes sense lol, yeah i'd like to get into some trading when i have a solid few BTC... in BTC.

    nah they shouldn't - they only reduce electricity costs, which isn't a HUGE part.... their actual $/KH ratio is slightly worse than GPU's, and the majority of the hash rate is still GPU based.
     
  3. Luke212

    Luke212 Member

    Joined:
    Feb 26, 2003
    Messages:
    10,211
    Location:
    Sydney
    you're right. you should buy more litecoin. in fact don't invest in anything else. This is a sure thing.
     
  4. Smokin Whale

    Smokin Whale Member

    Joined:
    Nov 29, 2006
    Messages:
    5,184
    Location:
    Pacific Ocean off SC
    Ghash.io are offering a 100% LTC bonus (double rate) for the next 6 and a half days. Get on it!

    https://ghash.io/LTC

    :thumbup:
     
  5. tkxmoe

    tkxmoe Member

    Joined:
    Nov 1, 2006
    Messages:
    462
    Location:
    Sydney
    This means they are paying double LTC? :/
     
  6. Smokin Whale

    Smokin Whale Member

    Joined:
    Nov 29, 2006
    Messages:
    5,184
    Location:
    Pacific Ocean off SC
    :leet:
    Yep. A crazy experiment of sorts it seems.
     
  7. GumbyNoTalent

    GumbyNoTalent Member

    Joined:
    Jan 8, 2003
    Messages:
    10,191
    Location:
    Briz Vegas
    hmmm is someone try to engineer a fork?
     
  8. Smokin Whale

    Smokin Whale Member

    Joined:
    Nov 29, 2006
    Messages:
    5,184
    Location:
    Pacific Ocean off SC
    Possibly. I'm actually pretty sure that these guys were behind the massive BTC pool that nearly had 51% of the total hash power.
     
  9. munchkin1

    munchkin1 Member

    Joined:
    Jun 6, 2010
    Messages:
    4,624
    Awesome mate thanks heaps for the heads up :thumbup: Switched over to them.

    Clevermining at like 0.0046/mhs now lol, lower than straight litecoin :tongue:
     
  10. leviathan

    leviathan Member

    Joined:
    Feb 17, 2002
    Messages:
    1,004
    Location:
    Melbourne
    ..........
     
    Last edited: Jun 23, 2014
  11. paul8811

    paul8811 Member

    Joined:
    Dec 30, 2005
    Messages:
    1,277
    Wouldn't the multipools just go on ghash anyway?
     
  12. leviathan

    leviathan Member

    Joined:
    Feb 17, 2002
    Messages:
    1,004
    Location:
    Melbourne
    ..........
     
    Last edited: Jun 23, 2014
  13. MonoJoker

    MonoJoker Member

    Joined:
    Jul 11, 2001
    Messages:
    2,742
    Location:
    SE Qld
    How does one get it working, I've signed up but do I need to 'buy' the mining power or similar? It's not just a case of pointing my hash rate their way from what I can make of the FAQ :confused:

    Edit: speaking of their FAQ, it might be due for an update based on this sentence within, 'If you wish... to exchange USD or any other currency for BTC, please visit the exchanges such as mtgox.com or bitstamp.net'...
     
  14. Gunna

    Gunna Member

    Joined:
    Dec 25, 2001
    Messages:
    7,897
    Location:
    Brisbane
    Perfect way to get a bunch of coins right before closing down.

    "Hey, we will double your payout from our own pockets if you mine here"

    NEK MINNIT

    "They stole our coins...."
     
  15. duck_boy

    duck_boy Member

    Joined:
    Feb 12, 2003
    Messages:
    1,528
    Location:
    Southern River 6110
    need help, I haven't open my air coin wallet for while now it won't synch to the network.
     
  16. crispy

    crispy Member

    Joined:
    Jan 21, 2003
    Messages:
    13
    Smokin Whale, thanks for the heads up on double LTC promo at ghash.io :thumbup:

    For those that are trying to figure out how to withdraw LTC, click the "Balance" stats at the top of the screen.
     
  17. MonoJoker

    MonoJoker Member

    Joined:
    Jul 11, 2001
    Messages:
    2,742
    Location:
    SE Qld
    I'm still figuring out how it works at all but you've given me a tip. I deposit my bitcoins then withdraw them as LTC and I get twice the value I bought?
     
  18. spedwards

    spedwards Member

    Joined:
    Aug 7, 2003
    Messages:
    1,182
    Location:
    Sydney
    From this line:
    I'd say that you're incorrect.
     
  19. crispy

    crispy Member

    Joined:
    Jan 21, 2003
    Messages:
    13
    doubt that would work, try tho :p
     
  20. MonoJoker

    MonoJoker Member

    Joined:
    Jul 11, 2001
    Messages:
    2,742
    Location:
    SE Qld
    Thanks for telling me how it doesn't work after I already asked how it does haha.

    OK I'll keep playing 20 questions - so I deposit some BTC, "buy" mining time and they pay me double the value of mined LTC for the next 6 days?

    Am I getting warmer??? :p
     

Share This Page

Advertisement: