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Author Topic: Solomining from litecoin wallet  (Read 713 times)
navelgazer (OP)
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April 06, 2013, 08:09:36 PM
 #1

I just tried to pool mine on ozcoin, x-pool and on give-me-ltc but after having no luck on any of those and failing to configure properly my scryptminer (CPU mining) I just hitted the "solo mining" option on the litecoin e-wallet. Is that ok? Am I wasting resources or time?

Thanks.
vm1990
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April 06, 2013, 08:14:28 PM
 #2

youll find some litecoins......... eventually but really its just a waste of time the idea of a pool is many people = better chance of finding a new block

have a look at litecoinpool.org they have good instructions on there website

keccak512
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May 19, 2013, 11:22:46 PM
 #3

Δεν μπoρείτε να
theonlyfox
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May 19, 2013, 11:34:42 PM
 #4

I dont believe the mining option in the Qt wallet will do GPU mining... I think its only CPU.  The better way is to set up QT as a server and then attach cgminer or similar to it.  If you are running multiple machines then you will need some private pooling scripts running like http://poolserverj.org.

You can find instructions on setting up the QT wallet for solo mining here https://bitcointalk.org/index.php?topic=83371.0

Pools are still a better bet.  You may loose a little in fees but you can see some payoff for your work almost instantly.   http://www.litecoinpool.org is by far the best pool but I believe registration is still locked.  You can join chan #litecoinpool on http://webchat.freenode.net/?channels=#litecoinpool and ask pooler if he will let you in.
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