So what is it Khash or Mhash? Does it matter?
First of all, it does not matter. Why?
Because every miner is affected the same way.So, if Bitcoin is MHash and Litecoin is KHash, does that mean my GPU mines Litecoin slower?
Yes. About a thousand times slower. Remember, everyone else is a thousand times slower too.Why is mining Litecoin a thousand times slower than Bitcoin?
Because Bitcoin is mined using SHA256
. Litecoin is mined using scrypt
. The scrypt algorithm is much more difficult to hash than SHA256.
This also means that ASIC devices made for SHA256 Bitcoin mining can not be used for scrypt Litecoin mining.