п»ї Can i mine litecoin with antminer s5

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Copy this and with it on here then hit enter and give it a couple of minutes. The catch with GPU mining is that it requires a dedicated graphics processor, such as can may have fitted inside your desktop PC mine the Intel integrated graphics cards found in most laptops are just not suitable for the task. Submit a new link. Done deal — that easy. All antminer other tabs litecoin pretty much junk.

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Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The S5 pulled watts at v from both PSUs. First, download the appropriate file for your operating system. Here's how it works: And now everything is installed. Pretty much anything that I do with Bitcoins can be off the record.

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Type Y then hit answer. While it is now mine too late for hobbyists without expensive ASIC processors to start mining bitcoinsmany of the alternative digital currencies are still well with for mining on your home PC. No currency can wars. Doing aboutthe wattage is for both of them, everything you see there and putting the fan on low. We litecoin a power supply here. Now the mining software of choice is set up, you will see various statistics scrolling across your command line antminer.

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Can i mine litecoin with antminer s5

Can i mine litecoin with antminer s5

Be warned, though, that before these wallets are truly usable, you may face a lengthy wait while the coin's entire block chain downloads.

Unless you possess specific mining hardware, there are two ways to mine cryptocurrencies: Of the two, a GPU offers far better performance for the cryptographic calculations required.

However, if you are making your first foray into mining and don't possess a souped-up gaming computer — a laptop with Intel integrated graphics, perhaps — it will still be possible to mine those altcoins, but at a far slower rate. The catch with GPU mining is that it requires a dedicated graphics processor, such as you may have fitted inside your desktop PC — the Intel integrated graphics cards found in most laptops are just not suitable for the task.

To keep speeds up to a respectable level, most altcoin miners build dedicated machines using motherboards that can house multiple graphics cards, usually via riser cables. Be aware, too, that mining digital coins is very system intensive and can reduce the lifespan of your electronic components.

It's a good idea to make sure you have adequate cooling in place, keep an eye on those temperatures and keep hold of any warranties — just in case. Mining can either be a solitary venture or you can join a mining 'pool', where a number of people combine their processing resources and all take a share of the rewards.

It can be helpful to think of mining pools as joining a lottery syndicate — the pros and cons are exactly the same. Going solo means you get to keep the full rewards of your efforts, but accepting reduced odds of being successful.

Conversely, joining a pool means that the members, as a whole, will have a much larger chance of solving a block, but the reward will be split between all pool members, based on the number of 'shares' earned.

If you are thinking of going it alone, it's worth noting that configuring your software for solo mining can be more complicated than with a pool, and beginners would probably be better off taking the latter route. This option also creates a steadier stream of income, even if each payment is modest compared to the full block reward.

A handy piece of software called cpuminer is the easiest way to start mining, but does require the ability to use the command line on your computer. For the purposes of this guide, though, we are making the assumption that you are using the Windows OS. First, download the appropriate file for your operating system.

The zip file can be extracted to anywhere on your hard drive, as long as you remember where it went. A good idea would be to create a 'cpuminer' folder on your desktop. So, how to set up cpuminer with the parameters needed for your mining pool? Well, it's usually simplest to write a one-line script known as a 'batch file' in Windows to launch the miner with the correct instructions. Now, open Notepad or your preferred text editor.

Do not , however, use a word processor such as MS Word. Next, enter the script using the following formula note that this method assumes you are mining a currency that uses the scrypt algorithm:. Once the batch file is saved, double click it to activate the miner program. Your mining pool will most likely have a web-based interface and, within a few minutes, the website should show that your mining worker is active.

For those that intend to mine with GPUs, or USB mining devices , cgminer is the program to use and can be downloaded from the developer's website — unless, that is, you're a Mac user, in which case you will find some unofficial binaries here. Versions of cgminer following version 3.

Therefore, the latest version isn't necessarily the one to download. Instead, seek out the version appropriate for your needs. Again, in this example, we are making the assumption that you are using the Windows OS. However, if you are using Linux or OS X, the command line arguments ie: Furthermore, the instructions below once again assume you will be mining a scrypt currency. Next, press the Windows key together with the "R" key, type in "cmd", and press "enter". This will open the command terminal.

Currently, based on 1 price per hash and 2 electrical efficiency the best Bitcoin miner options are:. We got a power supply here. I just got it from Newegg. Alright, so take a paper clip and you connect the green and the black wire there. And then we got the miner here, BitMiner. The pack is pretty good. And then each board here gets one cord. Not like this — like this.

Done deal — that easy. I got two power supplies on top. Raidmax, 80 gold, watt, four rails a piece. Got a fan, ethernet box, power strip, both power supplies, the fan and the ethernet box. Doing about , the wattage is for both of them, everything you see there and putting the fan on low.

See average speed, temperature is down there 48 to All the other tabs are pretty much junk. I actually have it bumped up to the next tier and there we go. This is going to be a quick video on my Bitcoin mining set up. A little information on these Bitcoin miners each AntMiner S3 is generating around gigahash per second which gives me a grand total of 1. I got this set up in my spare bedroom of my house. So, you can get a great deal on these things on ebay. This — if you do get into it do it as a hobby, this is not a get rich quick scheme.

The website I like to use is coinbase. Now one thing you need to be made aware of when dealing with Bitcoins is the market for Bitcoins is very volatile. Alright guys, a little bit more on my Bitcoin miners. I do have them working in a mining pool. And a mining pool is thousands of people that are working together to mine together to find a block, and a block consists of 25 bitcoins and if you find that one block the profits are split between all the people that are mining for that pool, I mean mining for that block.

So the site that I use is btcguild. It works out very well for me. And why did I choose to go this route and spend this type of money? Submit a new text post. Welcome to the community, and please follow the rules in the sidebar! Discussion of other currencies should go in their relevant subs.

Pool advertising is allowed but should be kept to a minimum. No advertising for products. Discussion is allowed, but it must be done via self post and not contain a link to the buy page of the product in question. No crossposts to other crypto subs unless the information is also relevant to Litecoin.

No currency flame wars. In general make sure your posts and comments are good natured and courteous.


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