Bit coin allows anyone to send money to anyone else while enjoying a high degree of anonymity. It’s already been used by paedophiles and drug dealers. Naturally, terrorists would be the next to build up a fortune of Bit coin. At least, that’s what a wave of scaremongering articles want you to believe.

For gpu mining cgminer seems to be the most popular choice. CPUMiner seems to be the Litecoin preferred CPU miner as the Litecoin wallet natively supports it. I found this attractive as the LItecoin Wallet GUI is pretty nice. The cgminer command line gui is actually very nice as well. There is a windowed GUI available for cgminer, but I found it inferior to its original GUI. Both are clearly pretty mature products that made this process substantially easier.