to set up your miner. Performance is unpredictable and past performance is no guarantee of future performance. Instead it serves the purpose of efficiently ensuring that the data has not been tampered with. Create a Litecoin wallet. However you reach out, Ill try to help. In the select algorithm drop-down, choose Scrypt. The mining process illustrated. Also, in Moneros case we mentioned above, the X3s were eventually used to mine other CryptoNight coins that havent forked yet and were actually quite profitable. In this guide I will use the. Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks they are highly volatile and sensitive to secondary activity.
GPU Mining is drastically faster and more efficient than CPU mining. So, with Prohashing you dont have to put all your eggs in one basket. Step One : Download a miner software that supports GPU mining. Guiminer Scrypt, offers a graphical user interface and is very easy to use. On the other hand, if your priority is security, it's best to keep your litecoin stored in one or more cold wallets ones that have never been connected to the internet. Click the Generate Stratum button. If your pool reaches half the network's hashing power, though, it represents a risk to the litecoin network itself. By choosing Scrypt, Lee allowed litecoin to be mined on CPUs, but that didn't last long either. Is it a trusted and reputable operation?