What would the optimum rig be for litecoin mining?

[Air tree]

Well i was wondering what would be the best and most optimum rig be for litecoin mining, And would it be profitable at 9.4 cents Per K/WH here in oregon?

 

I'm really heavily debating if it would be profitable and if i would be able to pay for the rig + Extra cash.

 

And would i have to worry about the difficulty skyrocketing and screwing me over any time soon?

 

 

I'm sorry if i missed a thread about this somewhere and this is the wrong section informing me about everything i want to know

[RuecanOnRails]

Anyone who says they know whats going to happen is lying.

 

Simple fact of the matter is that no one knows where your money will be best spent. Either mining or purchasing coins directly. If the price and difficulty stay the same or drop, it would be worth mining. If the price continues to increase, purchasing coins would be better.

 

I'd say split the difference and invest in coins directly, as well as pick up a high end AMD GPU for mining. I'd recommend a 7970. They can hash at 730 K/hash which right now .462 Litecoin per day / $19.63 https://www.litecoinpool.org/calc?hashrate=730&difficulty=1522.6087795&power=&energycost=0.10&currency=USD

 

The difficulty will continue to rise, I'd estimate around 8% increase every 3 days depending on how much interest and hashing power is added to the network. http://bitcoinwisdom.com/litecoin/difficulty

 

I wouldn't recommend making a dedicated rig at this time. Instead add a GPU or two to your current rig. You can use PCI extender/adapters to plug cards into 1x slots. http://www.ebay.com/itm/PCI-E-1X-to-16X-Riser-Card-Flexible-Ribbon-Extender-Cable-19-CM-Cord-w-Molex-/281112211128?pt=LH_DefaultDomain_0&hash=item417397eeb8

 

The money you save by not having to purchase extra hardware to make a dedicated rig can be put towards purchasing coins directly through an exchange.

 

 

If you want to compare various hardware you can see a list of hashrates people have achieved with various set ups and their settings. https://litecoin.info/Mining_Hardware_Comparison

If you're looking to get a 7970, make sure you research the model number exactly before hand as some 7970's can have issues getting above 550 K/hash (most GHZ editions have these issues) I'd also avoid XFX 7970's at this time as their recent cooler isn't great for mining, it places a heatpipe across a capacitor and can literally heat it up until it pops.

 

A suggested GPU would be http://www.ncix.ca/products/?sku=70111&promoid=1284

I have achieved 759 K/hash on that model. You also get 3 free games to use, sell, or give away

[algoat]

A 7950 paired with a cheapo CPU would net you a profit of about $500 profit in a month at 10¢/kWh, if you ran it 24/7.

[kizoku_95]

Is litecoin mining profitable ???

Just asking 

[WagwanBumba]

Is litecoin mining profitable ???

Just asking 

Depends on price of the energy you're using and the price of LTC itself