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I've been into it pretty heavily for the last 7-10 days. I was thinking and working on getting a GSUS pool together, but those ASIC machines are going to put any GPU COTS machines to waste, and really not worth the effort.
Litecoin does look like a good alternative since they rely more on CPUs and RAM more so than the sha256 hashes with BTC. Most people, [esp if you're running Linux] have machines CPUs that are underutilized, and [I believe] worth looking into.
Well Steyr_m check this out.Quote:
Originally Posted by steyr_m
Mt.Gox confirmed that they are going to start having Litecoin on the exchange. This is HUGE
From the IRC channel:
Quote
MagicalTux has changed the topic to: Mt.Gox 24/7 IRC support channel | don t ask to ask, just ask | offtopic goes to ##mtgox-chat | tickers and trades on #mtgox-RT and #bitcoin-RT | LTC support coming soon
<bittrader> MagicalTux is it ok for me to make a news press release about LTC coming soon?
<MagicalTux> bittrader: I cannot officially announce how "soon" "soon" means
<Plarkplark> @MagicalTux thanks, how great. Or is this April-1 joke?
<Jx8p> well, let's just say my mining riggs are going to be e-xxx-panding
<thrasher`> I hope it isn't an april-1 joke haha
<ypSami> Plarkplark: MagicalTux is in Japan. The Japanese have no sense of humor. :P
<bittrader> thats ok I can just write that Mt.Gox has not provided an exact time frame for release
<Jx8p> come on the 5th. Payday1
<Jx8p> *!
<MagicalTux> bittrader: you can say that MtGox is exploring the possibility of adding LTC to its trading engine
<MagicalTux> basically the only thing that remains is to write the communication with the Litecoin network
<bittrader> ok
<MagicalTux> that's a large part
<MagicalTux> but thanks to our platform, adding a new currency to the trading engine is as easy as clicking a few options in an admin interface ;)
This is massive. Litecoin price will skyrock.
https://www.bitcoinforum.com/bitcoin...-on-this-one!/
I'm totally switching to LTC mining for the moment. Thanks for the bit of a heads up SG420...Quote:
Originally Posted by Ares
here's my rig doing BTC duty until LTC is up
Attachment 4656
I have a litecoin wallet and account at btc-e.com. What is the easiest safe-est way to fund it?
Would like to get my hands on some litecoins before they go ballistic.
Have your biggest/burlyest CPUs do the heavy lifting until you get your GPU to work.Quote:
Originally Posted by Son-of-Liberty
Probably the easiest way is to mine your own: http://cryptojunky.com/blog/2013/03/...tecoin-mining/Quote:
Originally Posted by Son-of-Liberty
lol
I only had litecoins for shits and giggles.
Plenty of shitting and giggling tonight.
;D
Do any of you guys know how to deposit USD into BTC-e? I'm trying to figure out how.
Just be careful folks. Know when to jump ship and turn your digital coins into tangibles.
The way things are heading, nothing digital can be trusted. Bitcoins too were conjured up out of thin air. It may all just come crashing back down, poof.
I think the best way (after research) is to literally buy them with Bitcoins. So buy some Bitcoins and sell them for Litecoins.Quote:
Originally Posted by Son-of-Liberty