As you can tell I'm a redneck and don't have much money so I have to mine with what I have. I mine Ltc at ~23kh\s and I wont lie, it takes me a real long time to generate 1 Litecoin. I've been told to stop, that I'm wasting my time. but I cant give up on Crypto. My computers are on all the time anyway. This is my simple method to start mining Litecoin's in just a few minutes.
For Cpu Mining Litecoin:
You will need to Join a Ltc mining pool, personally I just moved to http://give-me-ltc.com. (Working well with my slow mining rate)
Other Ltc Pools
(comments from my experience with the pool are my opinion, any may work fine for you)
http://coinotron.com - I developed connection issuesPayout Ltc -0.1
https://lc.ozcoin.net/ - Works well for Low Hashrate Payout Ltc -0.1
http://pool-x.eu - The Pool I just left, Unstable Connection and 2.5ltc payout, Taking me about 3 months to hit payout
ltc.kattare.com/ -
http://ltcoin.net/
With any pool you choose- Register for an Account and Login - Goto the My Account tab and locate "My Workers" Tab
Create a Work for each Miner you will be Running
Username."1"
password "x"
-Just used to keep track of each pc's work.
(Visit your pools Getting Started Tab for Direct Miner Downloads).
Download a miner.
Linked Below
(Visit your pools Getting Started Tab for Direct Miner Downloads).
Once the Download has Completed. Extract files and Open- ScryptMiner.exe. THis is the program you will be using to mine.
You will see a Drop Down Menu labeled
Thread- Use 1 Thread Per Core on you Processor
(Quad Core - 4 Threads)
More if you Have Hyper Threading
Scan Time- Time spent scanning a piece of work.
I recommend Scan TIme set to 5
May adjust to suit your needs
RPC Server- Is the Address for your pool
ie- http://pool.give-me-ltc.com
Username- Place the username of the miner you created.
ie- username.1
Password- Miner password you selected.
ie- x
Port- The port used for mining by the pool.
For http://give-me-ltc.com Use Port 8080
Also Located at your pools- Getting Started Tab
Then click: Start Mining
Wait a few minutes for it to begin. Once you see a Speed Displayed
ie (~2.4 Khash sec, more or less depending on equipment)
Your Mining and Making you very own Litecoins.
Now is time to decide if you want you litecoins sent to your computer and you own wallet or to a Coin Exchange and try your luck with day trading.
You Can do both
Litecoin Wallet-
http://litecoin.org/
Click the Recieve Button after install to get your Litecoin Address
My address below is for donations only, but that is what a Litecoin address looks like.
Coin Exchange
Btc-E.com
Very good Exchange w/ Trollbox -
Handles alot of different Cryptocoins, and if you know what your doing you can make good money, or cash out.
Click Finance Link in Btc-e.com (After Register) Hit the Deposit Button next to LTC and scroll to the bottom to get your Ltc address.
Login back into your litecoin pool, goto account setting and paste your Ltc Address in there. That way you can get payed.
Thats it Your Mining and making Litecoins.
Good Luck, I will update for lucky folks with a Gpu Tomorrow,
Donate to Redneck
Btc- 18cDMgbDY5V2PFdXbrWVmGzQBsG262jo26
Ltc- LfeL9h9oHKXtjHSGaRqS7T2NiwmpTNgoMN
For Cpu Mining Litecoin:
You will need to Join a Ltc mining pool, personally I just moved to http://give-me-ltc.com. (Working well with my slow mining rate)
Other Ltc Pools
(comments from my experience with the pool are my opinion, any may work fine for you)
http://coinotron.com - I developed connection issuesPayout Ltc -0.1
https://lc.ozcoin.net/ - Works well for Low Hashrate Payout Ltc -0.1
http://pool-x.eu - The Pool I just left, Unstable Connection and 2.5ltc payout, Taking me about 3 months to hit payout
ltc.kattare.com/ -
http://ltcoin.net/
With any pool you choose- Register for an Account and Login - Goto the My Account tab and locate "My Workers" Tab
Create a Work for each Miner you will be Running
Username."1"
password "x"
-Just used to keep track of each pc's work.
(Visit your pools Getting Started Tab for Direct Miner Downloads).
Download a miner.
Linked Below
(Visit your pools Getting Started Tab for Direct Miner Downloads).
- Windows users: download a miner
included package for 64-bit or 32-bit Windows. These packages include Pooler's
cpuminer 2.1.2 and Matoking's GUI r6, updated 2012-02-03.
Extract the files
into a folder and start the included ScryptMiner.
If you don't want a
graphical user interface, you can download an optimized command-line miner here.
- Linux users: download and compile cpuminer. Under Debian and Ubuntu, you can use
the following recipe: sudo apt-get install make automake build-essential git sudo apt-get install libcurl4-openssl-dev git clone git://github.com/pooler/cpuminer.git cd cpuminer ./autogen.sh ./configure CFLAGS="-O3" make ./minerd --url http://mine.pool-x.eu/ --userpass your_username.1:x
Once the Download has Completed. Extract files and Open- ScryptMiner.exe. THis is the program you will be using to mine.
You will see a Drop Down Menu labeled
Thread- Use 1 Thread Per Core on you Processor
(Quad Core - 4 Threads)
More if you Have Hyper Threading
Scan Time- Time spent scanning a piece of work.
I recommend Scan TIme set to 5
May adjust to suit your needs
RPC Server- Is the Address for your pool
ie- http://pool.give-me-ltc.com
Username- Place the username of the miner you created.
ie- username.1
Password- Miner password you selected.
ie- x
Port- The port used for mining by the pool.
For http://give-me-ltc.com Use Port 8080
Also Located at your pools- Getting Started Tab
Then click: Start Mining
Wait a few minutes for it to begin. Once you see a Speed Displayed
ie (~2.4 Khash sec, more or less depending on equipment)
Your Mining and Making you very own Litecoins.
Now is time to decide if you want you litecoins sent to your computer and you own wallet or to a Coin Exchange and try your luck with day trading.
You Can do both
Litecoin Wallet-
http://litecoin.org/
Click the Recieve Button after install to get your Litecoin Address
My address below is for donations only, but that is what a Litecoin address looks like.
Coin Exchange
Btc-E.com
Very good Exchange w/ Trollbox -
Handles alot of different Cryptocoins, and if you know what your doing you can make good money, or cash out.
Click Finance Link in Btc-e.com (After Register) Hit the Deposit Button next to LTC and scroll to the bottom to get your Ltc address.
Login back into your litecoin pool, goto account setting and paste your Ltc Address in there. That way you can get payed.
Thats it Your Mining and making Litecoins.
Good Luck, I will update for lucky folks with a Gpu Tomorrow,
Donate to Redneck
Btc- 18cDMgbDY5V2PFdXbrWVmGzQBsG262jo26
Ltc- LfeL9h9oHKXtjHSGaRqS7T2NiwmpTNgoMN