Firstminerar your wallet. We wrote this guide for OSX and terminal. Row of Gridseed litecoin miners set up. How Litecoin Blockchain Technology Work? In this case, the command mac is: Hands down, no doubt about it.
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First , encrypt your wallet. Use the "cd" command to change the directory to the one housing the cgminer zip file. If you are using cgminer, you will see more information than you would with cpuminer. What can I do on my computer to speed it up? The evolution of Apple's smartphone. Annoyed at myself for letting that error stand this long. The first parameter to focus on is the -I parameter, or the intensity.
The easiest way to do this is mac symlinks aliases that point to the copies that Homebrew created. Now we'll make a batch file again, in order to minerar cgminer up with the correct parameters. You will receive your mac reward litecoin following day after you start mining. My previous series of articles on crypto-currency covered Mac mining on OS X. However, as Litecoin CPU mining is generally done minerar the wallet application though it can be done at the command-lineI want to make two things clear. Furthermore, the instructions below once again assume you minerar be mining a scrypt litecoin. So lets try cgminer with -I 13 to see what that does:
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There is a risk involved in mining. There is risk in the wallet you choose, risk in the mining pool, risk in the hardware and software, risk in the exchange you trade it on. Do your own research and be careful. The software that can do this for you is Litecoin-Qt, the official Litecoin client.
Once you have the. When you open the program for the first time, you may have to enter your password to allow you to run the Application. You will also get a pop-up window that asks you if you would like to let Litecoin-Qt accept incoming network connections. Go ahead and click the images at the top of the app that says overview, send, receive, transactions, and addresses.
Each is pretty self-explanatory. Anyway, we can back to the ins-and-outs of the Litecoin wallet later. We are reworking the guide for LiteCoinPool.
Please remember to double check our instructions as sites and pools change frequently. There are many mining pools that you could join for this step, not every pool is going to withstand the test of time.
Litecoin itself is very secure, but like the rest of the internet and apps wallets and websites should be treated with care as true as that is in general, it is even more true with crypto. This will let you receive Litecoin in your Litecoin wallet.
Now you have a Litecoin wallet, and you can receive payments! If someone steals your worker so that they can mine Litecoin for you, let them! Ok so now we have a wallet, a mining pool account connected to the wallet, and a worker to make that money for us. This step can be a little bit tricky.
To download this software:. Most mining software triggers a false-positive with antivirus programs. In other words, your antivirus might block this download as a threat, so you may need to disable your antivirus software briefly. Move the download to your Desktop and extract the file by double-clicking on the zip file. Now we have a wallet, a way to get paid, a worker, and mining software we finally put the metaphorical pickaxe in the digital dirt!
You can worry about what all that information means later — the important thing is that you are now mining Litecoin on your mac! This will quit Minerd, and the mining will stop. Keep in mind, CPU mining is a very ineffective mining process.
Because of the large amount of computing power in the LiteCoin network, you really would need to invest in more powerful mining hardware to make a profitable mining operation. Congratulations on having taken such the first step. I like how you switched from OSX to Linux halfway through the explanation……………….. I edited it to make it more clear removed any mention of Linux to avoid confusion. It was an error on our part. The guide really is for OSX.
I will be beefing up the mining section and include a range of guides in the upcoming months. The first parameter to focus on is the -I parameter, or the intensity.
With Bitcoin this parameter does help, but honestly not a ton. This is not the case with Litecoin mining. On my system, is about the best I can do. The next parameter to focus on is the -w parameter, which specifies a worksize in multiples of 64 up to This parameter is what really makes a difference on my OS X rig:.
The last parameter I want to note is —thread-concurrency. If cgminer or bfgminer are reporting hardware errors the HW number in the output this indicates that you need to make use of the —thread-concurrency parameter. These are not hardware failures.
You can find guidelines for the value to use here:. Ideal values are or Find your bus width here. The growing landscape of crypto-currency is fascinating from many perspectives. If your interest is piqued and you are running OS X, hopefully you now have the information you need in order to get started mining this new form of currency.
Starting with version 3. Additionally, bfgminer now requires an additional argument in order to enable GPU mining. If you wish to use bfgminer for GPU mining you will need to add the following argument:. Thanks for the excellent guides on starting mining on a Mac. I have been trying it out over the weekend on a couple of different laptops, one Air and one Pro.
Obviously, neither of them are heavy hitters but the experimentation is quite fun. I found MacMiner to be better than doing homebrew installs, surprisingly. It gives a cryptic OpenCL initialization error: Enqueueing kernel onto command queue.
Finally was able to get Cgminer to compile and install correctly for Lion.. Try a worksize of 64 instead of Also, try removing the lookup-gap. If things are stable then start upping the intensity.
Thanks for the reply! Use the "cd" command to change the directory to the one housing the cgminer zip file. Then, type in "cgminer.
This will list all recognised devices on your PC. If your graphics card is detected, you should be good to go. If not, you'll have research the steps required to properly set up your specific graphics card. Now we'll make a batch file again, in order to start cgminer up with the correct parameters. In this case, the command structure is:. Now the mining software of choice is set up, you will see various statistics scrolling across your command line terminal. If you are using cgminer, you will see more information than you would with cpuminer.
In the case of the former, you will see information about the currency and the mining pool, as well as about your mining hardware. If you're running cpuminer, you will only see references to blocks that your PC has solved; although, it does, at least, show your hashing speed. Good news for miners who own PCs with dedicated graphics cards: To make this possible, add a "-- threads n" argument to the minerd command. Here, "n" stands for the number of CPU cores that you wish to employ for mining.
Remember to leave one or two cores free to control your GPUs, though. For example, if you have a quad core CPU, try setting the "--threads" argument to "2" or "3". Compare the hash rates shown in the terminal windows for each of your mining programs and you should see at least a five-times difference in hashing speed. I would like to receive the following emails: Blockchain — What is bitcoin?
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How to Mine Litecoin and other Altcoins.