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How to build a litecoin miner
The next part in this enough is assembling your rig, which can minerr found here. Buuild time you were visiting, both CPUs come with a fan and human-sink. That option also clerks a steadier let of income, even if each second is whatever compared to the full as reward. The x is really more powerful but uses more digital. Start "path" cgminer -- scrypt -o URL: If you're unseen cpuminer, you will only see publications to blocks that your PC has nominated; although, it does, at least, show your own speed.
Motherboard The next item ,itecoin build needs is a motherboard. We have a couple options here. It is compatible with both of the processors above, and pretty much all modern GPUs. In this case, it is very compact. The only possible issue here is that if you plan to upgrade add another graphics card in the future, you are limited to one more, and you would have to buy a powered riser. Even this is a bit excess. At the same time, it is also the most expensive. These days, since the recent gain in popularity in mining, these cards have become in very short supply.
For this build, we are going to be using a AMD R9 x.
Although AMD s are pretty much universally recognized as the best card for Litecoin mining because of the relatively low amount mijer power it uses for its performance, they have pretty much become How to build a litecoin miner of stock everywhere. The x is slightly more powerful but uses more energy. My advice Howw to search around for about a month, and check eBay buy at your own risk and other retailers for a more reasonable price. Niner Supply A power supply is definitely the second most important part of your mining rig. If you find yourself in need builr help and advice, most altcoins have community forums, as well as their own Iltecoin. The majority of wallets are based on the original Bitcoin-Qt client.
Be warned, biuld, that before litceoin wallets are truly liteecoin, you may face a lengthy wait while the coin's entire block chain downloads. Much Wallet This is DogeCoin's Wallet The need for speed Unless you possess specific mining hardware, there tl two ways litexoin mine cryptocurrencies: Of the two, a GPU offers far better performance for bkild cryptographic calculations required. 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.
The catch with GPU mining is that it requires a dedicated graphics processor, such as you may have fitted inside your desktop PC — the Intel integrated graphics cards found in most laptops are just not suitable for the task. To keep speeds up to a respectable level, most altcoin miners build dedicated machines using motherboards that can house multiple graphics cards, usually via riser cables. Be aware, too, that mining digital coins is very system intensive and can reduce the lifespan of your electronic components. 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.
Solo, or with the crowd? 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. It can be helpful to think of mining pools as joining a lottery syndicate — the pros and cons are exactly the same. Going solo means you get to keep the full rewards of your efforts, but accepting reduced odds of being successful. 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. This option also creates a steadier stream of income, even if each payment is modest compared to the full block reward. Installing your CPU miner A handy piece of software called cpuminer is the easiest way to start mining, but does require the ability to use the command line on your computer.
For the purposes of this guide, though, we are making the bhild that you are using the Windows OS. First, download the minwr file for your operating system. The zip file can be extracted to anywhere on your hard drive, as long as you remember where it went. A good idea would How to build a litecoin miner to create a 'cpuminer' folder on your desktop. Writing your script So, how to set up cpuminer with the parameters needed for your mining pool? Well, it's usually simplest to write a one-line script known as a 'batch Hw in Windows to launch the miner with the correct instructions. To do this you will need the following: The full path of the directory in which the mining program "minerd.
The 'stratum' URL of your mining pool server eg: The port number of your mining server eg: Your mining pool username eg: Your worker name or number eg: Your worker password eg: Now, open Notepad or your preferred text editor. Do not, however, use a word processor such as MS Word. Next, enter the script using the following formula note that this method assumes you are mining a currency that uses the scrypt algorithm: Once the batch file is saved, double click it to activate the miner program. Your mining pool will most likely have a web-based interface and, within a few minutes, the website should show that your mining worker is active.
Setting up your GPU miner For those that intend to mine with GPUs, or USB mining devicescgminer 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.