How long does it usually take to mine the litecoins and what kind of set up do I need, and will it(mining) effect performance of other things bad?
I have a 2500k @4.5ghz and a 7950 @ 1100mhz-core/1400mhz-vram. Would that be able to do it? I know its old tech but it still works for gaming for me, and speaking of gaming will I need to like close the mining software while I game to keep it from killing my fps or does it like go to the background.
I spend most of the time its on not using it so I have some time to mine.
1.) How long does it usually take to mine the litecoins
A) it depends on how much power you throw at it, a single 7950 would take a while to harness 1 ltc. at current difficulty ~ just over 3 days non stop.
2.) and what kind of set up do I need
A)that all depends on how much you want to mine and how much you're willing to gamble.
3)and will it(mining) effect performance of other things bad?
A) because you have to run a 7950 at such a high intensity, yes it will effect performance of everyday activities
4.) speaking of gaming will I need to like close the mining software while I game
A) YES, :/ unfortunately you will need to close the program.
"I spend most of the time its on not using it so I have some time to mine."
If that is the case check out www.wemineltc.com and see what it's all about.
I hope that helped, I've been mining ltc for a while and just made a killing thanks to the boom. it was $4 when I started back in May and we backed off when it dropped to $2, but glad we held on to some ltc!