Mining tutorial litecoin
If anything is unclear in this guide please leave a comment about it. When looking at the hash to watt ratio this is currently the most efficient card on the market.
The difficulty of the network is too high to effectively solo mine with a single computer. After you installed the litecoin client it will have to catch up with the network first before you can start mining as you can see in the image below.
Currently I advice you to use cgminer as guiminer-scrypt is still very unstable. Cgminer is command line software and a bit harder to set up but if you follow this guide it should be no problem as we also create shortcuts on your desktop to start the mining. Guiminer can be mining tutorial litecoin here. This one is not recommended but you can try it if you like. Now not all graphic cards support mining but if you purchased a medium range or better one the last years you should be able to mine.
I will be using coinotron in this guide. Make sure LTC is selected under coin. Intensity, this you can set anywhere from 0 to 18 where at 18 your computer becomes unusable and might even freeze.
You can try any of the thread concurrencies within these ranges but it has to be a multiple of Make sure you use the concurrency that fits your card model. Find your bus width here: You can set a maximum temperature if you run into problems, the default is 95 which is ok for most cards.
I prefer to run it from mining tutorial litecoin so I can see any error might it occur. Replace -u and -p with your own username and password. For pooled mining you have to use: For solo mining you have to connect to your own litecoin wallet: Note that guidminer-scrypt gets very different results with the same settings, I find it harder to get good hashrates with guiminer-scrypt. You should be mining by mining tutorial litecoin Anything missing or any questions?
Leave a comment below. Hi thanks for the step by step set up. I am not able to mine accepted or rejected shares, nor shows my worker online when i mining tutorial litecoin in on cointron.
I tried to run the mining proxy from my minerd folder hoping that would do the trick. Any help much obliged. It seems that Coinotron is having some issues, more people are reporting this here: Unfortunately there mining tutorial litecoin no other PPC pool at the moment, bitparking closed this week and the other ones seem to be a scam.
Just Waring You My Friend! Great guide you have here. Does this mean the pool is neither accepting nor rejecting any shares from me? It has stayed like this for nearly an hour now mining tutorial litecoin my stats on the pool site is set to 0. Any fixes or help with this problem? Do you have another gpu maybe? I had a problem when it would run my bad Intel graphics card but no my main gpu. Look carefully at what one its using. I am up and running thanks to your guide but I seem to keep getting interrupted then reconnecting again.
What is the exact mining tutorial litecoin line you are using? Then followed the prompts when it asked for the server http: I mining tutorial litecoin have another try will your command line though. Although the program did not accept it.
I will try again and i will also roll back to mining tutorial litecoin exact version you are using and see if that helps. There seems to be something wrong with the formatting of the dashes.
It will probably work if you type over the whole command line manually. I think you have the same problem as Sam smoo, the dashes are not formatted properly. It should be working when you type them manually. Ok thanks a million that did the trick. Everything is working smooth now thanks!! Do you have any articles on here that cover building a rig? There is possibly more than one display attatched to a GPU. Probing for an alive pool pool 0 JSON stratum auth failed: Using a as well and the setup on coinotron went successfully.
I also installed the SDK Can you please help me? How long did you wait from starting? GUIMiner takes 2 or so min to start running in my experience. Cryptocur what do you think of the rig I am planning to build? Funny that you mention it! I have been doing some research the last few days to create an article about mining rigs. It is looking good, the comments are pretty much spot on. However, a bit extra ram and the ssd mining tutorial litecoin nice.
Thanks for the great guide. I am using cgminer 2. I have been mining for a week and mining tutorial litecoin wondering about thread concurrency. Now I know, computed it for my card, updated and save cgminer.
I uploaded the zip to mega: Hello, everytime I start cgminer, after a few seconds cgminer causes a problem and maust be closed. At which point I get a popup indicating that cgminer. What am I doing wrong and is my video card supported? This is because miners are also used on infected computers to mine for someone else.
I can confirm this, even the one from the official cgminer site shows as a trojan with some av but if you do a little research you can see it is widely used in the litecoin community mining tutorial litecoin all you need to do is add an exception.
FYI Cryptocur I have been promoting this article like mad on reddit. For example, I have athe bus width is And its start with saying that GPU 0 failure, disabling! Then after a minute, it says that Stratum from pool 0 detected a mining tutorial litecoin block, does this mean that it is working, or not? I entered the command that included all of the information thread concurrency, web address, username, etc. The computer is connected to the internet and the grapics card is working, what do you think could be the issue?
What card are you using, I think it mining tutorial litecoin be the ati sdk, I had a similar problem. You need to install the sdk first then the gpu drivers. What do you think? Furthermore, do i like to have some case coolers. Fixer wil be rewarded. Also open miner s on coinotron. I have one wierd problem. What is problem here?????
This will display and retain the error foor you that is causing the crash. So with that said the example using the string in this article would be this. Then when mining tutorial litecoin get it mining tutorial litecoin you can re-edit your config script to remove those args. This will result in a clean stacking of either accepted or rejected shares. Press enter to continue: Is this the case? I try to get my card mining again after installing a new OS: Windows 7 64bit pro.
What can Mining tutorial litecoin do? Your email address will not be published. You may use these HTML tags and attributes: About Arras WordPress Theme. Cryptocurrencies All the information you need about cryptocurrencies.
See the Litecoin Association's introductory video to Litecoin. Just like its older brother Bitcoin, Litecoin is an online network that people can use to send payments from one person to another. Litecoin is peer-to-peer and decentralized, meaning that it is not controlled by any single entity or government.
The payment system does not handle physical currencies, like the dollar or the euro; instead, it uses its own unit of account, which is also called litecoin symbol: This is why you will often see Litecoin categorized as a virtual or digital currency.
Litecoins can be bought and sold for traditional mining tutorial litecoin at a variety of exchanges available online. If you already know Bitcoin, Litecoin is very similar, the two main differences being that it has faster confirmation times and it uses a different hashing algorithm.
Miners assemble all new transactions appearing on mining tutorial litecoin Litecoin network into large bundles called blockswhich collectively constitute an authoritative record of all transactions ever made, the blockchain.
The way Litecoin mining tutorial litecoin sure there is only one blockchain is by making blocks really hard to produce. So instead of just being able to make blocks at will, miners have to produce a cryptographic hash of the block that meets certain criteria, and the only way to mining tutorial litecoin one is to try computing many of them until you get mining tutorial litecoin and find one that works.
This process is referred to as hashing. The miner that successfully creates a block is rewarded with 25 freshly minted litecoins.
Every few days, the difficulty of the criteria for the hash is adjusted based on how frequently blocks are appearing, so more competition between miners equals more work needed to find a block. This network difficultyso called because it is the same for all miners, can be quantified by a number; right now, it is 9, Litecoin mining can be profitable, but only under certain conditions. The introduction of specialized mining hardware commonly referred to as ASICswhich can mine much faster and much more efficiently, has made finding blocks much harder with general-purpose hardware.
Unfortunately, ASIC hardware is far from mining tutorial litecoin a sure-fire investment either. Potential buyers should be extremely careful, as various elements should be considered:. Good starting points are LitecoinTalk. Don't feel like investing in expensive hardware? Not everyone needs to be a miner. In fact, the easiest way to get started with Litecoin is to buy some at an exchange.
As we've seen above, finding a block is very hard. Mining tutorial litecoin with powerful hardware, it could take a solo miner months, or even years! This is why mining pools were invented: Pool users earn shares by mining tutorial litecoin valid proofs of work, and are then rewarded according to the amount of work they contributed to solving a block. The reward systems used by mining pools can be roughly subdivided into two categories: Choosing a mining pool can be a very personal decision, and several factors should be taken into consideration, including features, reliability, reputability, and user support.
ASIC devices usually come with mining software preinstalled on an integrated controller, and require little mining tutorial litecoin no configuration. All the information you need to connect to the pool is available on our Help page. If you have decided to do some CPU mining just for the fun of it, since as we've seen above you are not going to make any profityou should download Pooler's cpuminer.
Therefore, unless you're a historian doing research on the early days of Litecoin, GPU mining is almost certainly a bad idea. This page is for you. Should You Mine Litecoins? Potential buyers should be extremely careful, as various elements should be considered: For this reason, it is important to make a realistic prediction of how the difficulty will evolve in the near future.
ASIC hardware can mine litecoins extremely efficiently, but that's all it can do. Mining tutorial litecoin cannot be mining tutorial litecoin for other purposes, so the resale value is very low. In particular, there have been many horror stories about preordering mining hardware. What are Mining Pools? Proportional systems are round-based: A purely proportional system can unfortunately be easily cheated by pool hoppingmining tutorial litecoin is why more elaborate versions like PPLNS and DGM have been invented.
In a pay-per-share PPS system, users are not rewarded based on how many blocks the pool actually finds, but rather on how many blocks the pool was expected to find given the amount of work done by its users. The pool pays a fixed amount of litecoins for each valid shares its users submit, mining tutorial litecoin on the mathematical laws of probability.
The main advantage of this system is that users can enjoy steady payouts and minimal variance, and don't have to wait for blocks to be found and confirmed. The downside is that the pool operator has to mining tutorial litecoin on the risk of bad luck, so running a PPS pool can be financially risky. What Software mining tutorial litecoin Use?
If anything mining tutorial litecoin unclear in this guide please leave a comment about it. The difficulty of the network is too high to effectively solo mine with a single computer. I suggest you skip to step 2 for pooled mining. Windows 32 bits Version 2. I will be using coinotron in this guide. Make sure LTC is selected under coin.
This can be done with the mining tutorial litecoin command:. To start mining you have to use the following command, I prefer to run it from cmd so I can see any error might it occur. The number after -t stands for the amount of threads, I advise to set one for each core your cpu has, if it has hyperthreading you can see the virtual cores as normal ones also, there will be a small performance gain.
For solo mining, if you have more computers, just follow step 2 and replace the ip This way you can connect a whole network of computers to mine on your wallet. Here you can see the miner running, it shows the performance per thread, in this case 4 and mining tutorial litecoin total hashrate when your first work is accepted. You should be mining by now! Mining tutorial litecoin missing or any questions? Leave a comment below. If you want more hashing power the Radeon is currently the most energy efficient mining tutorial litecoin, you can find a lot of them on sale here.
I have a duo core processor what happens if you increase the T-x to 4 from 2… does it use up way more processing power and with a duo core if the computer is dedicated to just this function what can I set it to safely?
Am i doing something wrong here? I have a problem, please help me! After this error continue mining but I don't make any coin…block and block again and sometime this error… Please help me.
Hello sir i am runing my cpu litecoin mining with c: I am trying to complete step 4 but getting error message. Can anyone help me out? I installed an old version and the button was in place. I attempt to copy and paste the command you have listed and my cpu just beeps. I try to type in manually and it still mining tutorial litecoin beeps.
I have both in the file, mining tutorial litecoin I just saved to mining tutorial litecoin as it seems difficult to save mining tutorial litecoin downloaded proxy into the file with the minerd when extracting minerd file to c: A really good pool I can recommend is this: Hello, can solo mining be stopped and continued later on? Your email address will not be published. You may use these HTML tags and attributes: About Mining tutorial litecoin WordPress Theme.
Cryptocurrencies All the information you need about cryptocurrencies. Litecoin LTC mining guide, cpu. Posted July 18, at 6: Posted July 19, at 8: Posted September 26, at 3: It mining tutorial litecoin only show up when you get an acceptance and will only stay there for a few minutes. Posted July 24, at 5: Posted August 7, at Posted August 8, at mining tutorial litecoin Posted August 14, at 9: Hi, First, thanks for this tutorial!
How do i know if i mined a coin and when and how will I see this? Posted August 16, at 3: Posted August 16, at Posted August 22, at 6: Is there any command to underclock your processor in a CPU Miner? Posted August 31, at 1: Posted September 12, at 9: Posted September 15, at Posted September 17, at 2: Posted September 24, at 9: How to open a litecoin wallet?
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