If you are serious about mining litecoins, one option is to simply mine bitcoins with hardware like the antminer s7 and convert the earned bitcoins to litecoin. 2) new litecoins are paid out as a reward to miners. The litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as bitcoin. And yeah, so the next one would be the gpu miner.
I’m going to go ahead and create one. I’ll call it worker 2, I’ll make the password worker 2, as well. You can see now that there is a new worker created. At this point, there’s a few things you’re going to need to remember that we’ll use later. The first is your username, which is ardo in my case.
Control c to terminate and this is working as well. Then just go ahead and hit enter and you’ll see that the program is now running and you are – you’re mining for litecoins. This has been running for about thirty minutes. The hash rate is a little higher now. But more importantly, you see these accepted messages which means that you are, in fact, generating valid litecoins.
The first thing that we want to do is click on receive. And we’re going to create a new address. You’ll see your address pop up here. Now the second thing we’re going to do is, we’re going to download and configure our mining software so that we can use our graphics processor to mine litecoin for us. Now as a reminder, I just want to point out that everything that I’m going to be talking about in this video, I’m going to have a download link in the video description.
Here is the program, but I have no idea what to put in any of these text boxes. So let’s go through this one at a time and I’ll tell you what to put in. So the first thing that we need to do is we need to find a host. Now the pool that we’re going to join in this example is going to be wemineltc.Com.
Goldshell CK5 https://xn--goldshll-g1a.com/