I'm looking to start lite coin mining but I want to start small.What is some cheap hardware that I could use and make a little profit (self.litecoinmining)Be warned, though, that before these wallets are truly usable, you may face a lengthy wait while the coin’s entire block chain downloads.However, if you are making your first foray into mining and don’t possess a souped-up gaming computer – a laptop with Intel integrated graphics, perhaps – it will still be possible to mine those altcoins, but at a far slower rate.It’s a good idea to make sure you have adequate cooling in place, keep an eye on those temperatures and keep hold of any warranties – just in case.Mining can either be a solitary venture or you can join a mining ‘pool’, where a number of people combine their processing resources and all take a share of the rewards.Conversely, joining a pool means that the members, as a whole, will have a much larger chance of solving a block, but the reward will be split between all pool members, based on the number of ‘shares’ earned.

If you are thinking of going it alone, it’s worth noting that configuring your software for solo mining can be more complicated than with a pool, and beginners would probably be better off taking the latter route.litecoin hardware list wikiThe program can bedownloaded from SourceForge and is available for Windows (32 and 64 bit), OS X and Linux.dogecoin mining onlineA good idea would be to create a ‘cpuminer’ folder on your desktop.bitcoin armory downloadWell, it’s usually simplest to write a one-line script (known as a ‘batch file’ in Windows) to launch the miner with the correct instructions.ethereum gtx 1080 tiNext, enter the script using the following formula (note that this method assumes you are mining a currency that uses the scrypt algorithm): start “path” minerd.exe – -url URL:PORT –a scrypt – – userpass USERNAME.WORKER:PASSWORD So, using the example details above, you would have produced the following text: start “C:\cpu-miner-pooler” minerd.exe –url stratum+tcp://pool.d2.cc:3333 -a scrypt –userpass username.1:x Save this file with a “.bat” extension; for example: “my-mining-profile.bat”.ethereum lapel pin

Now that you know how to mine with the CPU, let’s have a look at using your GPU.litecoin rig worth itFor those that intend to mine with GPUs, or USB mining devices, cgminer is the program to use and can be downloaded from the developer’s website – unless, that is, you’re a Mac user, in which case you will find some unofficial binaries here.bitcoin kurs 10 jahreTherefore, the latest version isn’t necessarily the one to download.bitcoin step by step epubExtract the software into a folder that can easily be found, eg: “c:\cgminer\”.litecoin mining using gpuNext, press the Windows key together with the “R” key, type in “cmd”, and press “enter”.Use the “cd” command to change the directory to the one housing the cgminer zip file.

Then, type in “cgminer.exe –n”.If not, you’ll have research the steps required to properly set up your specific graphics card.You will now need your mining pool details, just as with the CPU mining section above: Now we’ll make a batch file again, in order to start cgminer up with the correct parameters.In this case, the command structure is: Start “path” cgminer — scrypt -o URL:PORT -u USERNAME.WORKER -p PASSWORD Start “C:\cgminer\” — scrypt –o stratum+tcp://pool.d2.cc:3333 –userpass username.1:x Now the mining software of choice is set up, you will see various statistics scrolling across your command line terminal.If you’re running cpuminer, you will only see references to blocks that your PC has solved; although, it does, at least, show your hashing speed.To make this possible, add a “– threads n” argument to the minerd command.Here, “n” stands for the number of CPU cores that you wish to employ for mining.For example, if you have a quad core CPU, try setting the “–threads” argument to “2” or “3”.

Mining litecoins since October 21, 2011 New to Litecoin mining?Read our Beginner's Guide!Welcome to the first true pay-per-share (PPS) Litecoin pool.Some of our key features: Every valid share you submit to this pool is instantly credited to your account at the current pay-per-share (PPS) rate.This rate, expressed in litecoins, also takes into account merged-mined coins such as Dogecoin, resulting in higher payouts than a regular Litecoin pool.Thanks to merged mining, you have to pay no fee; in fact, your earnings may even be higher than with a 0-fee PPS system.This is not a PPLNS, SMPPS or RBPPS pool: we always pay for your work, even if the pool has not yet solved enough blocks to cover the earnings generated.On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from the Litecoin network, and therefore yield no reward.A PPS pool, on the other hand, takes on the risk of bad luck so you don't have to deal with variance and orphaned blocks.

was started shortly after the birth of Litecoin by Pooler, who is well known in the community as a member of the Litecoin core development team and for being the maintainer of the cpuminer software package.Since the very start, the pool used ad-hoc software: Pooler wrote the front end entirely from scratch, with security and efficiency in mind, while the mining back end was originally a heavily-modified version of Jeff Garzik's pushpool.After two weeks of intensive testing, on November 5, 2011 the pool opened its doors to the public, becoming the first PPS pool for Litecoin. also became the first pool to support variable-difficulty shares, a technique later dubbed “vardiff” by Bitcoin pools, allowing miners to drastically reduce their network bandwidth usage.Thanks to its advanced features and its reliability, the pool quickly attracted a very high number of miners, to the point that during the first half of 2012 it often constituted over 40% of the entire Litecoin network.

Due to centralization concerns, it was decided to temporarily close new registrations; later in 2012, registrations were reopened, but have since been subject to approval.In August 2013 the back-end software was completely redesigned and rewritten from scratch to implement advanced efficiency and scalability optimizations that Pooler devised after implementing support for the Stratum protocol in cpuminer. the first Litecoin pool based entirely on software written from scratch, and the first pool to implement extensions to the Stratum protocol such as “resume”, “suggest_difficulty” and “suggest_target”. also became the first Litecoin pool to offer secure mining over TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.We wish to thank all the people who have, directly or indirectly, contributed to the development of this pool.In particular, many thanks go to (in alphabetical order): coblee, DeLorean731, Derringer, diki, g2x3k, Graet, guruvan, inlikeflynn, jgarzik, LittleDuke, piperitapatty, pontius, rTech, shawnp0wers, ssvb, terrytibbs, WKnight, Xurious.