Ethereum mining update: slower litecoin extraction speed of expected
I minimized Ethereum with my GPU 5850 for about a week and I am happy to report that the speed with which I can extract Ethereum has remained stable. In fact, with Guiminer on board, my current speed of Bitcoin is still impressive at about 275 mhash/s.
However, I recently created Litecoin mining and the results are not surprising to say the least. While I expected that the speed would increase significantly, I was disappointed to discover that it was actually 10 times slower than my usual Ethereum mining speed.
To put it in perspective, a few days ago, when I started in Mining Litecoin, I found myself fighting for also reaching 50% of my normal Ethereum extraction rate. It was not until I moved on to Guiminer and I updated my GPU that the performance began to return to its previous levels.
I tried to perform several litecoin mining settings, change the parameters and update my drivers, but nothing seems to make the difference. It is as if the Litecoin hardware simply does not respond well to the new mining algorithm or the configuration I am using.
I am worried about this development, as it could indicate a bigger problem with hardware or mining litecoin software. If you intend to enter Litecoin mining, it is essential to do your research and invest in high quality hardware capable of managing demanding mining tasks.
In this article, I will discuss some possible reasons behind this slowdown and what users can expect to move forward. It is also worth noting that the performance of Litecoin extraction have been inconsistent in the past, so it is not uncommon for miners to find similar problems.
Update:
Since I published this article, I have received several responses from other Litecoin miners who have reported such a reduction in speed. While some have attributed the problem to a software update or a driver corruption, others believe that there may be an underlying hardware problem.
It is essential to note that Litecoin mining is still considered a relatively niche market compared to Ethereum and Bitcoin, but it can still be profitable with the right hardware and strategy. If you are thinking of entering the Litecoin mining, you urge you to do your research, invest in high quality equipment and carefully monitor your results.
Conclusion:
As a long -standing Ethereum miner, I got used to pushing my GPU to its limits and seeing impressive performance earnings. However, when it comes to Litecoin mines, things made a dramatic turning point for the worse. Until we see some improvements in hardware or software, Litecoin miners should be aware of potential pitfalls in sight.
If you are reading this article and you are thinking of entering Litecoin mining, I hope this update has been useful to provide information about what to expect. Remember to remain alert, keep the equipment updated and always monitor the results closely: the world of high -performance computer science can be ruthless!