Litecoin mining is the most popular but there are many other scrypt based coins: Feathercoin, Worldcoin, digitalcoin, Megacoin, to name a few.
Want to get a ton of GPUs with a single motherboard? Many people don't know you can use PCIe extenders to hook PCIe x16 GPU cards up to a PCIe X1 slot. Many motherboards have multiple PCI Express ports, some have as many as 5. Remember to get two power supplies or more for more than two GPUs! At this point in time we also recomend that use FM2 socket motherboards for the new A-Series AMD cpu. It will save you money over the Intel versions.
|Add Another GPU|
|Scrypt Coin||difficulty||reward||price in BTC||24 hours||7 days||30 days||30 day (BTC)||Days to ROI (via coinbase)|
The best motherboard for Scrypt mining is cheapest. Because you can get an AMD A-Series CPU for under $50 we recomend going with an FM2 socket motherboard. The old AM3/AM3+ motherboard/CPUs were great but they are getting hard to find these days.
A lot of Dogecoin users are new to cryptocurrency in general. Dogecoin is great
because it is reaching a wider audience but there are special issues concerning mining dogecoin.
The bitcoin protocol adjusts in difficulty as more miners mine the coin. The bitcoin network changes
difficulty (due to retarget) every 2016 blocks- now, because blocks are supposed to come every 10 minutes
this usually takes about 2 weeks.
Dogecoin is NOT like this! Dogecoin difficulty changes multiple times per day!. This means mining can quickly become profitable or unprofitable depending on the exchange rate. Just something to bear in mind everyone!
Scrypt is a memory intensive hashing algorithm used in many of the so called "alt-coins", bitcoin forks that are using Scrypt rather than SHA-256 which has recently been dominanted by special-purpose ASIC devices. Scrypt should not be vulnerable to ASICs for several years so a Scrypt mining rig built with GPUs should be profitable for at least that long. The first Scrypt coin was Litecoin and many more followed soon after that.
|Coin||Mining Rating||Trade Rating|
|Litecoin||Litecoin is the largest Scrypt coin currently and the first. It made a number of novel improvements upon bitcoin and there are many solid litecoin pools. Our 5 year price target for Litecoin is $100 USD / coin. Mining is currently difficult but there are many great mining pools for litecoin currently. Litecoin has competant and active developers and a very large and active community.||BUY|
|WorldCoin||Worldcoin is a very orgnaized new alt scrypt coin. It features blazingly fast transaction confirmations and a very large pool of currency (256 Million). Our one year price target for worldcoin is $1.00 USD. Worldcoin mining pools are less common and most are fairly new. We think mining worldcoin is risky given this.||BUY|
|Feathercoin||Feathercoin is simply a faster version of Litecoin with more coins in circulation. We do not see any special value with for Feathercoin given that Litecoin and Worldcoin seem to fill this niche. We do think Feather coin could appreciate in value. However we do not recomend buying at this point in time. Feathercoin has many popular mining pools.||HOLD|
|Digitalcoin||Digitalcoin is an Alt-coin featuring a large money supply (200 Million), small rewards and blocks every 45 seconds. We don't see a compelling reason to use Digitalcoin yet and would recomend selling immediately for another alt-currency if you mine it.||SELL|