Litecoin mining is a fun and easy way that you can help support the Funtoo Linux project.Litecoin is a virtual cryptographic currency that is generated using CPUs and video card GPU computational power, and can be converted into a traditional currency like US dollars.Part of Funtoo is having fun, and part of having fun is being creative, and exploring new ideas and concepts, and not being limited by the expectations of others.These concepts include technology, but also include new community concepts and approaches for supporting a community.Distributed support via CPU and GPU power is certainly a novel way of supporting an open source project, and because of this it is a perfect fit for Funtoo.In many ways, the resource challenges faced by open source projects are more complex than the technical challenges, and deserve to be taken seriously.By exploring the use of Litecoin, we are exploring an innovative way to fund the project.These funds will be used to support Funtoo's operating budget, covering hosting and server equipment expenses and other expenses such as hardware purchases for supporting ongoing development for various developers.

Typically, Litecoins are mined by pools of computers, and funtoo is part of the following pooled litecoin mining efforts: There are lots of different ways to mine Litecoins.You can use any of our pools above.You can also use your CPU or your graphics card.To see what different types of hardware can do, see the Litecoin Mining Hardware Comparison page.Note that many of these systems are overclocked so make note of the CPU and memory frequencies listed here.If you already have Litecoins that you want to donate to Funtoo Linux, you can send them to LgtcMbY5JYTQAGzdfJ9U83CPhspNkbJzym.Here's how to do it with litecoind: Be sure to let Daniel know that you sent some coin so that you can receive proper respect :) Here's how to get started and convert your idle CPU power into a contribution to the Funtoo Linux project.The "miner" is the program that performs the computation to generate litecoins.It receives blocks from a server, which it performs computations on.Miners are designed to run continually in the background, where they use up idle CPU only, and will not impact the speed of your system.

A significant contribution to Funtoo Linux is only realized when miners are run continually for days and weeks -- so running a miner for an hour or so is typically not effective.This method will use CFLAGS from /etc/portage/make.conf.Note that -O2 seems to work much better than -O3.Create the following go.sh script to start the miner: Run go.sh to start the miner.bitcoin armory guideThe cpuminer will only use idle CPU and will not slow down your system.bitcoin 456Modern systems will generate somewhere from 15 to 60 KHash/sec total, which will result in $10 to Funtoo Linux per month for a Core i7 system at current exchange rates, when run continually.nj bitcoin atmKeep those miners running and thanks for supporting Funtoo Linux!bitcoin verify transaction

cgminer stopped supporting GPU/Scrypt mining in 3.8 series.3.7.2 version is stable and recommended for GPU mining.Some of the more hardcore individuals in the Funtoo community may want to use their graphics processor to mine litecoins.Modern graphics cards, particularly AMD (ATI) cards, can offer hashrates well above 100Khash/sec, even above 400Khash/sec for some cards.bitcoin gegen goldDaniel Robbins has a few Radeon HD 6950's that can generate in excess of 400Khash/sec each.bitcoin miner osAMD (ATI) cards tend to work much better than NVIDIA for litecoin mining.bitcoin snowdenHere's how to do GPU mining: First, X will need to be installed, and you will need to ensure all your video cards are defined in /etc/X11/xorg.conf.bitcoin auto bet

For AMD cards, ati-drivers 13.1 appears to work well.Ensure that full hardware acceleration is working and that ati OpenGL and amd OpenCL are selected via eselect.(This is probably how things are set up if you simply emerged ati-drivers.)First, enable the scrypt USE variable (important!).Now, emerge cgminer: Create a go.sh script that looks like this: This script will start cgminer to connect to newlc.ozco.in, but will automatically fall back to the kattare pool if ozco.in is down.bitcoin snowdenIntensity ranges from 1-20, with higher settings generally offering better hashrates.But if you get too close to 20, you will notice a slow down in interactive performance when using the X server.ssh performance will be unaffected.Be sure to properly set the number of shaders on your card -- 1536 is for an unlocked Radeon HD 6950.Consult SCRYPT-README (look for the --shaders description) to view the correct shaders to use for your card.

Now make it executable, make sure X is running, and start mining: There are other cool things you can do with cgminer, such as overclocking your video card and ramping up the intensity to at or near 20 to dramatically increase hashrates.Happy mining, and if you are mining for Funtoo, thanks :)Often dubbed as ‘silver to bitcoin’s gold’, Litecoin has been around for around six years.While Litecoin is broadly built on a structure similar to Bitcoin's​, it has a faster block generation rate and hence offers a faster transaction confirmation.While it witnessed a lifetime high of $50 in November 2013, it hasn't seen much activity in the past two years or so with its price hovering around $2-$5 range.However, the recent movement in its price has got cryptocurrency enthusiasts to take a second look at it?Litecoin was created by Charlie Lee, a MIT graduate and former Google engineer.Litecoin is based on an open source global payment network that is not controlled by any central authority and uses "scrypt" as a proof of work, which can be decoded with the help of CPUs of consumer grade.

Its price has risen from approximately $4 to $13 during the past one month.The main reason behind the recent rally has been the rising support towards adopting Segregated Witness, or simply SegWit.Litecoin like Bitcoin has a block capacity of one megabyte (MB) that limits the transactions per block.As the network grows, this tends to slow down the confirmation of transactions.SegWit is thus a ‘scaling’ mechanism originally developed for bitcoin.The adoption of SegWit requires a network consensus which has hindered its upgrade in case of bitcoin.However, Litecoin is getting closer to SegWit upgrade amid growing consensus.SegWit activation threshold is at 75%.This is a positive development for Litecoin and a successful upgrade could possibility trigger the same for Bitcoin which currently has just about 33% pool support for SegWit.There are a couple of Litecoin Segregated Witness adoption trackers which show the adoption progress.Charlie Lee has been advocating for SegWit to activate on Litecoin as well as Bitcoin, he says, “Litecoin does not have a block size problem.