Four years. The exchange rate at the time of writing this article, 1 LTC wasgoed worth
Installing the Litecoin Client
- Download the latest client software
- Unpack the downloaded opstopping to anywhere on your pc
- Navigate to the unpacked directory/bin/##
- Launch the executable opstopping “litecoin-qt”
Where ## is either 32 or 64 depending on what system you have (32 or 64 bit).
- wget https://github.com/downloads/litecoin-project/litecoin/litecoin-0.6.3c-linux.tar.gz
- tar xzvf litecoin-0.6.3c-linux.tar.gz
- cd litecoin-0.6.3c-linux/##
/Huis/$USER/.litecoin contains your blockchain and wallet.dat opstopping. (You can press Ctrl+H to view hidden files)
The Litecoin client is nicely integrated into the Ubuntu menukaart drankbuffet, originally an kwestie with older Bitcoin clients.
Stratum Mining Protocol (or Stratum Proxy) is a protocol written by slush originally for Bitcoin mining to improve pool-miner communications. This protocol wasgoed adopted by a range of other pools and by many of the Litecoin pools spil well.
Mining Hardware Comparison
Installing the Mining Software
Stratum protocol is using python. If you do not have python-dev installed, run the following directive,
sudo apt-get install python-dev
Open up a terminal window (Ctrl+Altstem+T) and navigate to the freshly created directory and run the directive to install,
sudo python setup.py install
When installation is finished, you may begin the proxy with
./mining_proxy.py However, spil stratum attempts to connect to slush’s Bitcoin mining pool by default, reserve arguments need to be used.
./mining_proxy.py -o coinotron.com -p 3334 Would connect to coinotron.com pool on port number 3334. For a list of arguments that can be used, type
tar xf slush0-stratum-mining-proxy-7b5c080.tar.gz
cd slush0-stratum-mining-proxy-7b5c080/ sudo apt-get install python-dev
sudo python setup.py install
./mining_proxy.py -o coinotron.com -p 3334
(I had problems when attempting to clone git repository, so use the above verbinding)
- -o URL of your pool
- -u workername
- -p woerkerpass
So when stratum proxy is running and connected to a pool, it can be run spil
./minerd -o localhost:8332 -u USER -p PASSWORD
Spil with any miners, to get some help,
- Download latest cgminer from ck.kolivas.org/apps/cgminer/
- Make sure you have AMD APP SDK installed (See linksom te blog sidebar) spil well spil suitable AMD drivers.
- Refer to guide at Bitcoin Basics and Ubuntu 12.04 spil this is the same miner with the reserve argument “–scrypt” when running it.
cgminer –scrypt -o stratum+tcp://coinotron.com:3334 -u workername -p workerpass
cmake -D CMAKE_BUILD_TYPE=Release ..
- host localhost
- port 8332
- user username
- pass password
Where to Mine
Just like with Bitcoin, there are two options for mining: solo and pooled mining.
70$ presently). If, however, you do not find a block, there is no prize. This is a high risk high build up mining mechanism and it is not advised unless you have considerable hashing power.
Configure Solo Mining
This opstopping has to contain the following lines:
rpcuser=username rpcpassword=password rpcallowip=127.0.0.1 rpcport=9332 daemon=1 server=1 gen=0 Make sure you switch username and password to something unique.