Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Rogue on September 27, 2013, 03:56:52 PM



Title: Startup Lite Coin mining
Post by: Rogue on September 27, 2013, 03:56:52 PM
I've been doing BTC mining for some time now. I was wondering if someone could tell me if there's a GUI miner for Lite coin? and if any mining pools exist for litecoin. Any help would be greatly appreciated.


Title: Re: Startup Lite Coin mining
Post by: SpeedDemon13 on September 27, 2013, 04:07:27 PM
I've been doing BTC mining for some time now. I was wondering if someone could tell me if there's a GUI miner for Lite coin? and if any mining pools exist for litecoin. Any help would be greatly appreciated.

Guiminer Scrypt: http://guiminer.org/guiminer-scrypt.html

I would suggest mining other scrypt base coins, as Litecoin isn't as profitable per hash rate and difficulty. Then converting to LTC or BTC.


Title: Re: Startup Lite Coin mining
Post by: dragonkid on September 27, 2013, 04:09:47 PM
I've been doing BTC mining for some time now. I was wondering if someone could tell me if there's a GUI miner for Lite coin? and if any mining pools exist for litecoin. Any help would be greatly appreciated.

You can also use cgminer or bfgminer.

Mining pools
https://litecoin.info/Mining_Pool_Comparison (https://litecoin.info/Mining_Pool_Comparison)


Title: Re: Startup Lite Coin mining
Post by: Rogue on September 27, 2013, 04:32:08 PM


I'm only making about .05BTC/day with my rig...I just figured that i could make more with Litecoin and hope for the rise. I already have enough BTC so im just trying to branch out.


Title: Re: Startup Lite Coin mining
Post by: SpeedDemon13 on September 27, 2013, 04:40:09 PM


I'm only making about .05BTC/day with my rig...I just figured that i could make more with Litecoin and hope for the rise. I already have enough BTC so im just trying to branch out.

BTC Mining is only profitable with ASIC and FPGA miners. I would suggest to mine the most profitable scrypt based coin, then convert via trade for LTC and/or BTC. That's how I'm doing it at the moment. Right now, Lotterytickets (TIX), potentially is the best investment, just waiting for it to hit a trade market. I only mine during off peak hours to save on electricity, paying $0.1323 Kw/hr rate.


Title: Re: Startup Lite Coin mining
Post by: Metatron on September 27, 2013, 04:49:02 PM
If you need a simple software that mines the most profitable alt-coins for you give a try to this:
https://bitcointalk.org/index.php?topic=248173.0 (https://bitcointalk.org/index.php?topic=248173.0)

Very active developer and constantly updating the software...

Cheers.


Title: Re: Startup Lite Coin mining
Post by: Rogue on September 28, 2013, 05:16:23 PM
ok i got the miner...now what about LTC wallets? is there a wallet like BTC client where i can make a backup on a flash drive?


Title: Re: Startup Lite Coin mining
Post by: aa on September 28, 2013, 05:41:00 PM
http://litecoin.org -- was that really so hard? You couldn't search for the term "Litecoin" on a search engine?

Don't use a shitty GUI miner frontend, it'll cause more issues than anything. Download cgminer. (https://bitcointalk.org/index.php?topic=28402.0)


Title: Re: Startup Lite Coin mining
Post by: Rogue on September 30, 2013, 04:52:16 AM
http://litecoin.org -- was that really so hard? You couldn't search for the term "Litecoin" on a search engine?

Don't use a shitty GUI miner frontend, it'll cause more issues than anything. Download cgminer. (https://bitcointalk.org/index.php?topic=28402.0)

funny thing is i did search for everything i could think of for LTC on google...but it only pulled up BTC based websites/programs


Title: Re: Startup Lite Coin mining
Post by: aa on September 30, 2013, 04:54:00 AM
You didn't think to search using this forum's search box?