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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 247

post #2461 of 22535
Wow Mining profits have really hit the Toilet in the last 30 days.... Asics are effecting the other coins...
    
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post #2462 of 22535
Quote:
Originally Posted by Hokies83 View Post

Wow Mining profits have really hit the Toilet in the last 30 days.... Asics are effecting the other coins...
Yeah ASICs really are affecting all SHA-256 currencies.

And reports are just coming in today that KNC customers are receiving their miners today, expect a larger than normal difficulty increase the next time it changes, which is about 542 blocks away. (around 5 and a half days with current hashing power)
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post #2463 of 22535
MCXnow is the best exchange for litecoin. Simple as that! Fastest and safest exchange for your coins.
post #2464 of 22535
Quote:
Originally Posted by RavageTheEarth View Post

MCXnow is the best exchange for litecoin. Simple as that! Fastest and safest exchange for your coins.
mcxNOW
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post #2465 of 22535
Quote:
Originally Posted by minaul View Post

mcxNOW

Looks like we got a big shot capitalization buff over here lol.

I've been a user there for 7 months... I've had a long day give me a break man
post #2466 of 22535
Thread Starter 
Quote:
Originally Posted by cam51037 View Post

Are you looking to deposit USD and exchange them for LTC, or looking to swap bitcoins to litecoins?

If you're doing the Bitcoin to Litecoin route I'd recommend Vircurex: https://vircurex.com/ I've had a good experience with them, traded around 0.4 BTC in total with their site. Not a lot, but a decent amount for a small time miner.

For USD to Litecoin if you don't want to use BTC-e you can always buy straight bitcoins from Localbitcoins or Bitstamp or similar and then trade the BTC for LTC on Vircurex or Cryptsy. I'd recommend Vircurex over Cryptsy though, just because Cryptsy isn't as stable a website IMO, as in DDOS protection and such.

Quote:
Originally Posted by RavageTheEarth View Post

MCXnow is the best exchange for litecoin. Simple as that! Fastest and safest exchange for your coins.

Quote:
Originally Posted by RavageTheEarth View Post

Looks like we got a big shot capitalization buff over here lol.

I've been a user there for 7 months... I've had a long day give me a break man

lol yeah, no big deal...but yeah, +1

You also get interest for holding coins there, which is a nice bonus, and you can also invest in mcxfee shares. You get paid a portion of the exchange profits (fees) in all the coins that are traded.
If volume is big that day you can get a decent income with a few shares.
Sadly they are a bit overpriced now though...I had 10 and sold them for 0.18btc! epic facepalm.
post #2467 of 22535
Quote:
Originally Posted by Hokies83 View Post

Wow Mining profits have really hit the Toilet in the last 30 days.... Asics are effecting the other coins...

You reckon? It will one day but surely we can just switch to other coins?
I only started mining about 2-3 weeks ago rolleyes.gif
Quote:
Originally Posted by cam51037 View Post

Yeah ASICs really are affecting all SHA-256 currencies.

And reports are just coming in today that KNC customers are receiving their miners today, expect a larger than normal difficulty increase the next time it changes, which is about 542 blocks away. (around 5 and a half days with current hashing power)

Oh that's laaaaaaaaaaaaaame, I hope it doesn't effect litecoins too much redface.gif
 
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post #2468 of 22535
Thread Starter 
It probably won't...I have 15gh/s pending from them. Should start mining soon.
post #2469 of 22535
Quote:
Originally Posted by ivanlabrie View Post

It probably won't...I have 15gh/s pending from them. Should start mining soon.

Wow nice, someone is gonna be rich soon thumb.gif
 
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post #2470 of 22535
Thread Starter 
Quote:
Originally Posted by Matt-Matt View Post

Wow nice, someone is gonna be rich soon thumb.gif

Not rich xD
More like, I'll make 2 btc or 3 this month.
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