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Old 04-17-2013, 06:16 AM  
NiXXiN
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Join Date: Apr 2012
Location: Canada
Posts: 470
Quote:
Originally Posted by MikeRoth View Post
Mining bitcoin is a waste of time and effort. Even if you have ASIC miners. It's 10x more profitable to mine litecoin and exchange for bitcoin. Would you rather mine 2 litecoins a day at the exchange of 0.027 or mine 0.002 bitcoins a day with the same hash power?
Well that depends, you may get more lite coins than bit coins but the prices are completely different, bitcoin can fluctuate $50 in one day, lite coin may fluctuate a few dollars.
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