2

I saw that mining BTC with CPU is not profitable anymore, and that you'd lose money mining bitcoin. Is the same thing true of litecoin?

Improve this question
1
  • 2
    While the other question was technically about mining BTC and as such is not technically a duplicate, LTC mining on an EC2 node was discussed in an answer to this question
    – David Perry
    Commented Apr 2, 2013 at 21:38

2 Answers 2

Reset to default
1

Yes it can be worth it, but generally what happens is if it ever is worth it then a huge number of people start doing it until the prices of EC2 are driven up and it is no longer profitable. Here is a good blog post about the subject:

http://da-data.blogspot.com/2013/12/briefly-profitable-alt-coin-mining-on.html

Improve this answer
0

Only if you use the micro instance with a free account for the first year.

Improve this answer

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.