Verticon mining cgminer litecoin
If you are not familiar with Litecoin yet, it is a decentralized digital peer-to-peer currency used over internet based off the concepts of the popular Bitcoin. Litecoin runs on the network of users that employ it. Compared to Bitcoin verticon mining cgminer litecoin transaction confirmations takes 10 minutes, Litecoin has a faster confirmation time of 2. The scrypt algorithm is more reliant on memory, not processing efficiency. That is the reason those specialized hardwares developed for Bitcoin mining will not work with Litecoin and making GPU mining more effective.
Not all graphics cards support mining, but medium range and above graphics card which is bought within the last 3 years should be able to mine. Before starting, verticon mining cgminer litecoinmake sure that your graphics card drivers verticon mining cgminer litecoin up to date.
To start mining crypto-coins, you will need a wallet to store the digital currency. Choose and download the Litecoin client for your operating system then proceed to install it. The client will synchronize with the network to download the blockchain which contains all transactions ever performed. Remember it runs on the network of its users? It will take fairly long, so let it run while we move on. I highly recommend that you take some measures to secure your wallet.
Enter the pass phrase and write it down to be kept somewhere safe. Losing your pass phrase will render the wallet useless as no one will be able to open it ever again.
We should look verticon mining cgminer litecoin a pool where multiple users work together to mine Litecoin and share the rewards based on work completed as it is not viable for solo mining anymore. I will be using coinotron for this tutorial. Insert worker name and password. It is a command based software which is a challenge to setup for first time users. But we will guide you through step by step and you will verticon mining cgminer litecoin mining in no time. Note that the hashrate is rather low when intensity is set to I find 16 intensity is the optimum setting for me.
You will have to see what works best for you. To simplify things, so you do not need to memorize all the commands each verticon mining cgminer litecoin you start mining, you can create a shortcut on the desktop. Verticon mining cgminer litecoin the command in to it and create the shortcut.
How to mine Litecoin — CPU mining. I have used info from a couple of guides I have found useful around the interwebs. Get it from the official site. AVOID online verticon mining cgminer litecoin can be hacked and are not really very trusted. I verticon mining cgminer litecoin had my wallet of Bitcoins hacked back in the day and trust me it blows. Always keep your coins in your wallet, and make sure to backup your wallet as well!! Have you grabbed the wallet?
Sweet now run it, let it sync it could take several hours to do the first sync, dont worry and find your unique LiteCoin address in the Receive tab! It should look something like this:. Copy and paste your address somewhere, preferably with the copy address button! We are going to need this in a bit later. The difficulty now is so big and your hashrate will be too low that you will end up burning electricity for nothing.
This willl show you what your daily, weekly, monthly amount of coins you can mine are. Helps when calculating profits over hardware expense. Verticon mining cgminer litecoin people skip this, and they end up having bad results. If for any reason the links go offline, just Google them and grab them from there. On our way to step 4! Now we must create an account on the pool we want to use. Here is the link to all the good ones, take your pic.
It should look similar to this:. After filling everything correctly,you should see a screen like this. There, you will need to request for an email code verification, in order to protect your account AND setup your payout address remember in Step1, we created our unique payment address!
Put your PIN and ask for an email confirmation! After asking for the confirmation, go to your email you used for your registration. Now we have the code! Lets go back to the Account Details page and lets put our payment address now. Set the password for your miner doesnt have to be something difficult, will do just fineleave the difficulty settings as is, and hit Update. This will do you if you have one verticon mining cgminer litecoin. In case you have more than verticon mining cgminer litecoin, you can create multiple workers, one for each PC, or you could point them all to the same worker, wont make any real difference.
Usually people set one miner account per PC because it makes monitoring easier! To actually mine LiteCoins, we need a mining software. At the moment, there are two that we could use.
More experienced users verticon mining cgminer litecoin cgminer while less experienced ones go for the GUIminer. What we verticon mining cgminer litecoin actually work with to mine litecoins is called GUIminer Alpha. Thats the one you need! Ok, since we got that clear, lets start! At first, we need verticon mining cgminer litecoin download latest version. Verticon mining cgminer litecoin will end up with something like this:.
GUIminer will verticon mining cgminer litecoin, and will give you some fields to complete. So we will put global. In this case illustration purpose onlyour miner has 2x GigaByte cards, so we selected that one, and it fills all the other fields like thread concurrency,worksize, vectors etc automatically.
So we end up to something like this:. Hit Start, wait few seconds and you should see in awhile GUIminer counting shares. Congratulations, you are mining litecoins! Thus, we will stick to 3. Save to desktop, and extract. Navigate in the folder, right click and create a new text document.
In the first two lines, paste those commands: Those are the best settings that worked for us, for our GigaByte s. Here is a very detailed guide to mining Litecoins. Guide to mining LiteCoins from scratch! Both cgminer and guide to mining litecoins litecoin litecoin mining. Litecoin LTC mining pool with fully automatic process. Start earning Litecoin LTC now! Several of my readers strongly recommend CGminer over any Litecoin mining is a sensitive. If you are mining Scrypt crypto currencies such as Litecoin or maybe DOGE, then you are most likely using cgminer as a mining software or something that relies on.
Litecoin mining guide — GPU mining Not all graphics cards support mining, but medium range and above graphics card verticon mining cgminer litecoin is bought within the last 3 years should be able to mine. Create a wallet To start mining crypto-coins, you will need a wallet to store the digital currency. Join a pool We should look for a pool where multiple users work together to mine Litecoin and share the rewards based on work completed as it is not viable for solo mining anymore.
After added, you should see a screen similar to this: Download the mining software: Extract the downloaded files to C: For me, the optimum settings is 16 where i can get a good hashrate. At 18, verticon mining cgminer litecoinyour computer will become unusable and will sometimes freeze.
The concurrency settings is different with each card, so make sure that it fits your card model. You can look for your bus width here. The default value is 95 which should be fine for most cards. You will see the output similar to this. Now you can start mining easily with the shortcut on your desktop. It should look something like this: Lets move to step 2!
Here is a link to the mining hardware comparison: You can use any web based coin calculator, I personally use this one. Lets go to step 3!