LiteCoin Mining Hardware

[randomgaming61]

Hey everyone i am looking for the best possible litecoin mining GPU for up to $250 CAD.

Thanks!

 

[photonboy]

None.
Seriously, it's getting difficult to mine and make money and it's only going to get worse. Litecoin is more demanding than bitcoin and regular cards are getting left behind.

The days of printing your own money without a large cash outlay for custom hardware and a lot of research are pretty much over.

 

[randomgaming61]

i have a solar powered pc as in a huge solar panel outside so im willing to keep it on the whole time so as long as its $250 or less CAD im fine with it.

 

[k1114]

Litecoins are less demanding not more.

You can find a 270x in that price range. It's the same as a 270 but clocked higher so you could look at a 270 which is usually $20 less. http://products.ncix.com/detail/club3d-radeon-r9-270x-14series-96-94044-1382.htm

 

[photonboy]

Litecoins are less demanding not more.

You can find a 270x in that price range. It's the same as a 270 but clocked higher so you could look at a 270 which is usually $20 less. http://products.ncix.com/detail/club3d-radeon-r9-270x-14series-96-94044-1382.htm

I disagree, but the entire issue is actually quite complicated.
https://en.bitcoin.it/wiki/Litecoin

" Pump and Dump Scheme

According to some, one or more of the aforementioned reasons imply that Litecoin has no future potential, and therefore effectively functions as a "pump and dump" scheme, rewarding those who get in sooner at the expense of those who adopt it just before it finally fails (and are left with nothing).

Additionally, people often complain that the Litecoin community misrepresents it in other ways, such as portraying "faster block times" as if it makes transactions faster, and scrypt as if it is resistant to ASIC or FPGA hardware, in order to pretend Litecoin has value and inflate its value. "

There are some important points:
1) You need to do a lot of READING to understand how to properly mine
2) You need to be part of a group to increase your likelihood of making money.
3) There's no guarantee that your hardware and electricity costs will break even.
4) Your odds of making money will DECREASE as time goes on (as the pool or users increase and other factors)

You simply shouldn't expect to buy a $250 graphics card, throw it into a machine, spend two hours of reading and think you're going to start making money.

I dislike MINING completely as it has a negative global impact due to the creation of hardware, and electricity costs to do tasks which have no benefit (other than some making money).

At some point in the near future the average person won't be able to make ANY money at all as the cost of electricity alone would exceed the returns of mining. And don't forget it's not "magical" money. Someone has to lose it, somewhere, for you to get it.

 

[ramtripper]

go for a gridseed

http://www.gawminers.com/300-kh-s-single-gridseed-asic-miner/

they were designed for specifically mining LTC and anything SCRYPT.