|
Title: Newbie questions for Litecoin Post by: Radacoin on March 07, 2013, 10:28:30 AM I am pretty familiar with BTC, but new to Litecoin.
Question: Do I setup Litecoin the same way as Bitcoin? E.g. bitcoin.conf -> litecoin.conf ? Is there a litecoind like there's a bitcoind? If so, is litecoind just a modified version of bitcoind? Is the protocol to sync/distribute blocks for Litecoin the same as for Bitcoin? Title: Re: Newbie questions for Litecoin Post by: sinner on March 07, 2013, 10:35:02 AM wat are best GPUs for litecoin mining?
Title: Re: Newbie questions for Litecoin Post by: DarkHyudrA on March 07, 2013, 11:08:52 AM I am pretty familiar with BTC, but new to Litecoin. Question: Do I setup Litecoin the same way as Bitcoin? E.g. bitcoin.conf -> litecoin.conf ? Is there a litecoind like there's a bitcoind? If so, is litecoind just a modified version of bitcoind? Is the protocol to sync/distribute blocks for Litecoin the same as for Bitcoin? 1- Yup, the same way 2- Yup, there's a daemon like bitcoin 3- Yup, the port and the amount of blocks generated are different only, AFAIK Title: Re: Newbie questions for Litecoin Post by: prime14k on March 07, 2013, 12:48:09 PM how do i set up the wallet to solo mine?
Title: Re: Newbie questions for Litecoin Post by: Radacoin on March 07, 2013, 01:41:31 PM @DarkHyudrA: Thanks a lot!
Title: Re: Newbie questions for Litecoin Post by: DarkHyudrA on March 07, 2013, 02:55:41 PM how do i set up the wallet to solo mine? Solo mining today on LTC isn't a smart idea... Try another small cryto-currency like BQC if you want make that only for experience(ppl will help you out of how you make the server/daemon run and how to configure your miner, BQC is Scrypt based as well), for getting real money try pooled mining like coinotron, poll-x, etc. Title: Re: Newbie questions for Litecoin Post by: goxed on March 08, 2013, 08:03:06 AM how do i set up the wallet to solo mine? Solo mining today on LTC isn't a smart idea... Try another small cryto-currency like BQC if you want make that only for experience(ppl will help you out of how you make the server/daemon run and how to configure your miner, BQC is Scrypt based as well), for getting real money try pooled mining like coinotron, poll-x, etc. What's the advantage of BQC over LTC? Are there any markets and charts for BQC network? Title: Re: Newbie questions for Litecoin Post by: Tesla71 on March 08, 2013, 09:30:44 AM The advantage is, that there are no exchanges to date ;D
If you want to solo mine something you can sell, than you should look at TRC |