LTC scrypt profitability
Posted: Sat Apr 06, 2019 10:26 pm
Been a few months since I've run a test to compare. With new exchanges added and new coins wanted to see how the difference was now.
prohashing 24 hours
--VS--
litecoinpool 24 hours
.05194746 / .05673277 == 0.91565 ~ 91.5%
So prohashing has closed the gap a bit, I used to get between 10 and 15% higher payouts on litecoinpool.
With the jump in coin prices a lot of hashing power has hit LTC and increased the difficulty every 3 days.
Last month I was earning almost double the coins, at about half the price so its still on par, no increase or decrease on amount earned per day really.
If coins were free to exchange into real $$ it would almost be break even. But with taxes requiring 15% or 33% depending on hold times, just not worth it to mine anymore. Unless you have access to free electricity, scrypt mining is pretty much at a loss. And now with the temps going back up, no need to run HEATERS just to warm the house.
prohashing 24 hours
--VS--
litecoinpool 24 hours
.05194746 / .05673277 == 0.91565 ~ 91.5%
So prohashing has closed the gap a bit, I used to get between 10 and 15% higher payouts on litecoinpool.
With the jump in coin prices a lot of hashing power has hit LTC and increased the difficulty every 3 days.
Last month I was earning almost double the coins, at about half the price so its still on par, no increase or decrease on amount earned per day really.
If coins were free to exchange into real $$ it would almost be break even. But with taxes requiring 15% or 33% depending on hold times, just not worth it to mine anymore. Unless you have access to free electricity, scrypt mining is pretty much at a loss. And now with the temps going back up, no need to run HEATERS just to warm the house.