Bitcoin Miner Software

New people please read this. [upvote for visibility please]

I am seeing too many new people come and and getting confused. Litecoin wiki isn't the greatest when it comes to summing up things so I will try to do things as best as I can. I will attempt to explain from what I have learned and answer some questions. Hopefully people smarter than me will also chime in. I will keep this post updated as much as I can.
Preface
Litecoin is a type to electronic currency. It is just like Bitcoin but it there are differences. Difference explained here.
If you are starting to mine now chances are that you have missed the Bitcoin mining train. If you really want your time and processing power to not go to waste you should mine LTC because the access to BTC from there is much easier.
Mining. What is it?
Let's get this straight. When making any financial commitment to this be prepared to do it with "throw away" money. Mining is all about the hashrate and is measured in KH/s (KiloHash/sec). Unlike the powerful ASICs (Application Specific Integrated Circuit) that are used to mine bitcoins using hashrates in the GH/s and even TH/s, litecoin mining has only been able to achieve at the very best MH/s. I think the highest I've seen is 130 MH/s so far. Which leads us to our next section.
Mining Hardware
While CPU mining is still a thing it is not as powerful as GPU mining. Your laptop might be able to get 1 a month. However, I encourage you to consult this list first. List of hardware comparison You will find the highest of processors can maybe pull 100 KH/s and if we put this into a litecoin mining calculator it doesn't give us much.
Another reason why you don't want to mine with your CPU is pretty simple. You are going to destroy it.
So this leaves us with GPUs. Over the past few months (and years) the HD 7950 has been the favourite because it drains less power and has a pretty good hashrate. But recently the introduction of the R9 290 (not the x) has changed the game a bit. People are getting 850 KH/s - 900 KH/s with that card. It's crazy.
Should I mine?
Honestly given the current difficulty you can make a solid rig for about $1100 with a hashrate of 1700 KH/s which would give you your investment back in about a month and a half. I am sure people out there can create something for much cheaper. Here is a good example of a setup as suggested by dystopiats
PCPartPicker part list / Price breakdown by merchant / Benchmarks
Type Item Price
CPU AMD Sempron 145 2.8GHz Single-Core Processor $36.01 @ Amazon
Motherboard ASRock 970 EXTREME4 ATX AM3+ Motherboard $99.48 @ OutletPC
Memory Crucial Ballistix Tactical Tracer 4GB (1 x 4GB) DDR3-1866 Memory $59.99 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Power Supply SeaSonic Platinum 860W 80+ Platinum Certified Fully-Modular ATX Power Supply $146.98 @ SuperBiiz
Total
Prices include shipping, taxes, and discounts when available. $1078.60
Generated by PCPartPicker 2013-11-29 00:52 EST-0500
Estimated Hashrate (with GPU overclocking) : 1900 KH/s
Hardware Fundamentals
CPU - Do you need a powerful CPU? No but make sure it is a decent one. AMD CPUs are cheap to buy right now with tons of power. Feel free to use a Sempron or Celeron depending on what Motherboard you go with.
RAM - Try to get at least 4 GB so as to not run into any trouble. Memory is cheap these days. I am saying 4 GB only because of Windoze. If you are plan to run this on Linux you can even get away with less memory.
HDD Any good ol 7200 RPM hard drive will do. Make sure it is appropriate. No point in buying a 1TB hard drive. Since, this is a newbie's guide I assumed most won't know how to run linux, but incase you do you can get a USB flash drive and run linux from it thus removing the need for hard drive all toghether. (thanks dystopiats)
GPU - Consult the list of hardware of hardware I posted above. Make sure you consider the KH/s/W ratio. To me the 290 is the best option but you can skimp down to 7950 if you like.
PSU - THIS IS BLOODY IMPORTANT. Most modern GPUs are power hungry so please make sure you are well within the limits of your power consumption.
MOTHERBOARD - Ok, so a pretty popular board right now is Gigabyte GA-990FXA-UD3 and the ASRock 970 Extreme4. Some people are even going for Gigabyte GA-990FXA-UD5 and even the mighty Gigabyte GA-990FXA-UD7 because it has more PCI-E slots. 6 to be exact. However you may not need that much. With risers you can get more shoved into less.
PCI-E RISERS - These are called risers. They come in x16 to x16 and x1 to x16 connections. Here is the general rule of thumb. This is very important. Always get a POWERED riser otherwise you will burn a hole in your MoBo. A powered rise as a molex connector so that additional power from PSU can be supplied.
When it comes to hardware I've provided the most basic knowledge you need. Also, take a look at cryptobader's website. This is very helpful. Please visit the mining section of Litecoin Forums and the litecoinmining subreddit for more indepth info.
Mining Software
Now that you have assembled your hardware now you need to get into a pool. But before you do that you need a mining software. There are many different ones but the one that is most popular is cgminer. Download it and make sure you read the README. It is a very robust piece of software. Please read this if you want to know more. (thanks BalzOnYer4Head)
Mining Pools
Now that your hardware and software is ready. I know nothing about solo mining other than the fact that you have to be very lucky and respectable amount of hashing power to decrypt a block. So it is better to join pools. I have been pool hopping for a bit and really liked give-me-coin previously known to the community as give-me-ltc. They have a nice mobile app and 0% pool fees. This is really a personal preference. Take a look at this list and try some yourself.
How do I connect to a pool?
Most pools will give you a tutorial on how to but the basics are as follows:
  • Signup for a pool
  • Create a worker for your account. Usually one worker per rig (Yes people have multiple rigs) is generally a good idea.
  • Create a .run file. Open up notepad and type cgminer.exe -o (address_to_the_miningpool:port_number) -u (yourusername.workername) -p (your_worker_password_if_you_made_one). Then File>Save As>runcgminer.run (Make sure the drop down is set to "All Files" and .txt document.) and save in the same folder as cgminer. That's it.
  • Double click on runcgminer.run (or whatever you named it) and have fun mining.
Mining Profitability
This game is not easy. If it was, practically everyone would be doing it. This is strictly a numbers game and there are calculations available that can help you determine your risk on your investments. 4 variables you need to consider when you are starting to mine:
Hardware cost: The cost of your physical hardware to run this whole operation.
Power: Measured in $/KwH is also known as the operating cost.
Difficulty rate: To put it in layman's terms the increase in difficulty is inversely proportional to amount of coin you can mine. The harder the difficulty the harder it is to mine coin. Right now difficulty is rising at about 18% per 3 days. This can and will change since all you miners are soon going to jump on the band wagon.
Your sanity: I am not going to tell you to keep calm and chive on because quiet frankly that is stupid. What I will tell you not to get too carried away. You will pull you hair out. Seriously.
Next thing you will need is a simple tool. A mining profitability calculator. I have two favourite ones.
coinwarz
I like this one cause it is simple. The fields are self explanatory. Try it.
bitcoinwisdom
I like this one because it is a more real life scenario calculator and more complicated one (not really). It also takes increasing difficulty into account.
Please note: This is the absolute basic info you need. If you have more questions feel free to ask and or google it!
More Below.
submitted by craeyon to litecoin [link] [comments]

ASIC Proof Mining

If your like my team then you invested a ton of money into GPUs and CPUs for Bitcoin mining early on before the ASICs dominated the market. If your also like us then you have switched to doing Altcoin mining since last April and now with the Scrypt ASICs this year you find your self in the same situation where you cant turn a profit. Well we have the next generation of mining for us all. The best part is it is SHA-256 and Scrypt ASIC proof. HOW DOES IT WORK? Instead of mining a coin directly, simply point your GPUs at the [email protected] network developed by Stanford university by downloading their FAH client. What this program does is uses your computer research to help fold proteins for scientific research. No configuration like CGminer or anything else is needed. This program is very well put together and straight out of the box. HOW DO YOU GET COINS THEN? The way Stanford has this setup is you create a user name and you choose a team that you would like to fold with. You are then given credits for the work you do. Now these credits do not mean anything for the folders at [email protected] rather they are for bragging rights as you can see a list of all credits awarded on their stats page and you can see where you stand. Well with the counterparty Bitcoin 2.0 project that has recently been released you are able to build new coins on top of the Bitcoin network that already exists. The benifits of this is unlike altcoins that are subject to attacks and difficulty fluctuating all the time, your coin that you create on counterparty is actually secured by the Bitcoin network itself. What FoldingCoin.net will do is create a coin using the counterparty protocol and distribute them weekly to every participant in the FoldingCoin Team. Please go to folding.stanford.edu for information on the project and go to foldingcoin.net for information on the coin. Lets get these GPUs back to work!
FoldingCoin.net - FLDC is the token name on counterparty.co
submitted by PookTwo to altcoin [link] [comments]

The Absolute Crypto-Coine Beginenrs Guide to MyriadCoin-Mining

Hello, I'm a new member of the Myriadcoin-Community and I made a mining guide for crypto-currency newbies over on my blog. I thought it would fit here as well, hoping that some newbie would discover it upon his quest for mining crypto-coins. (I hope it is ok, that I just copied it over)

The Absolute Crypto-Coin Beginners Guide to MyriadCoin-Mining

Introduction

I researched the technology behind Bitcoin, especially the blockchain, for the past week because it could have been helpful with my current research on electronic voting that I am doing for my project thesis. During that I was amazed by the simple and yet powerful ideas behind crypto-currency. I was tempted to invest some of my spare money (which is not much as an undergraduate) into crypto-currencies, but was appalled by the weak points of Bitcoin, that become apparent if one researches it. (Malleability, 51% Attacks, Selfish Mining, etc. If there is interest I can maybe try to scramble together an article going in detail about attacks on crypto-currencies)
Then I discovered Myriadcoin, which solved most of the problems I had with Bitcoin. Although I myself am quite new to the Myriadcoin-Community I present to you, the absolute crypto-coin beginners guide to Myriadcoin-Mining. The following guide is written for Windows, the process may be similar on Linux/Mac OS but is not 100% the same

Setting up your Wallet

Your Myriadcoin-wallet is very much like your everyday wallet. It holds your currency, and if you lose it your money is gone.
  1. Go to the Myriadcoin homepage
  2. Download The wallet for your OS. (Currently there are Windows and Mac OS Wallets)
  3. Unzip the downloaded
  4. Start the myriadcoin-qt.exe
After the installation is done you should see your wallet stating that your current funds are 0 MYR. At the beginning the wallet has to download all the information from the blockchain, which can take a while. You can see the progress at the bottom of the wallet. Upon pressing the receive-button at the top you will see your automatically generated address. This address can be used to receive Payment. You can generate as many adresses as you want. Under Settings you can Encrypt your wallet, which you probably should do if you plan to use it seriously. Keep in mind, that if you lose your password you have no means to get to your money. Under File you can create a backup and save it somewhere.

Getting to Mine

Mining is the process which verifies currency transactions between accounts. It is simultaneously the process which generates new coins up to a limit. (20 billion is the limit for MYR). To mine a block means to solve a cryptographic puzzle in form of a hash. Myriadcoin uses 5 of those hash-algorithms. If you are a complete newbie to mining and crypto-currencies chances are you do not have specialized Hardware. Because of that it probably is best if you mine using the skein, groestl or qubit algorithms. Do not be scared of the names, I will guide you trough. If you made your mind up which of those you want to use (just pick one, if you do not want to research them) you can go to this post. The following step by step guide is using the skein algorithm with the Modified cgminer and the cryptorus mining pool. The steps can differ slightly if you use a different algorithm or pool, but should be similar.
  1. Go to the above linked post and scroll down to the Standalone Miner Section
  2. Pick a miner. (I use the modified cgminer
  3. Got to the post again and scroll to the Pools Section
  4. Pick one of the mining Pools fitting your chosen algorithm. (I pick http://myrsk.cryptorus.com/ for this one)
  5. Go to the homepage and register if necessary (Lets say my name is Testhans)
  6. Once you registered you should look for the My Workers Option
  7. There create a new worker. (Lets say I make a worker with the name Myry and the password 1234)
  8. Now unzip the Miner you downloaded
  9. Go to the folder of the miner and create a new textfile that you name run.bat
  10. Go to your pool-website and look for the stratum address. (Can be usually found on the startpage, in this my case stratum+tcp://myrsk.cryptorus.com:3333)
The run.bat should look as follows:
name_of_miner.exe -o stratum-address -u YouName.Workername -p Workerpassword (For some algorithms you have to set the algorithm as an option too)
This is how my config looks with the examples above:
cgminer.exe --skein -o stratum+tcp://myrsk.cryptorus.com:3333 -u Testhans.Myry -p 1234
Save the run.bat and you should be able to start the miner through double clicking. A console-window should open displaying the progress. Every time you find a share a message saying something along the lines of "Accepted 214sabc5fe 4/2" should be displayed.
You can enter your Myriadcoin-address inside the Account-Options of your pool, so you can receive your share of the coins you mined. Typically you have to arrange the transaction yourself. Usually the miner can take a lot of options to optimize the amount it can mine, but as a newbie you are likely to break more than you get out of it. The standard-configuration of miner-tools is in most cases pretty good allready.

Further Resources

You can find further resources on the bitcointalk-forums and the awesome subreddit. Also there is another mining-guide, which goes into more detail on all of the algorithms and can be quite helpfull if you are just new to Myriadcoin and not to the crypto-currencies as such.
If you have any suggestions or questions feel free to leave a comment, and if you found my guide useful and want to share some of your hard-mined coins, you can do that also. My Myriadcoin address is MKF8EPYksAV4Bn7M8HLEMyvEPtq3EWeGVW
submitted by WeGi to myriadcoin [link] [comments]

Informative post about Feathercoin

Seeing how this Subreddit is lacking any sort of info on Feathercoins and the lack of community support we have, I have decided to start a post that would inform newbies about Feathercoin and seasoned vets on the best places to trade.
Feathercoin:
It is a Crypto Currency that was started by Peter Bushnell. It is a clone of Litecoin (This coin was inspired by Bitcoin). The Feathercoin network generates coins at a decreasing rate. It will generate about 336 million coins which is 16 times more than that of Bitcoin and 4 times more than that of Litecoin. Currently about 25 million coins have been generated.
Network hashrates, Pools, Solo mining:
Currently a mid end system comprising of 7870 or 7970 will get you abot 400 to 700 kh/s. That means that in a given day you will be mining about 7 to 13 Feathercoins on current difficulty level. However If you mine alone that is solo mining, the probability of you finding a block is hard and it may take a while before you make a coin. To counter this people have started making pools to increase the chances of finding blocks. There are many pools that allow you to have multiple workers so you can setup multiple systems and mine at your leisure. Currently some of the popular pools are:
http://www.fcpool.com/
http://give-me-coins.com/
http://www.wemineftc.com/
http://fc.ltcoin.net/
https://ftc.d2.cc/
For a full list of mining pools: http://coinpools.sdfg.org/ftc
It is highly recommended to join a pool to make mining profitable. Look at the pools posted above, look at their fee structure, their payout and make an informed decision on which pool to join.
Hardware and Mining:
Feathercoin utilizes scrypt based mining that is you can use your GPU (the Graphics card inside your system) to mine them. AMD Cards are highly recommended as they output higher hashrates as compared to Nvidia. To give you an idea of the difference a 7870 ghz edition mines at about 375 kh/s whereas a Nvidia 780ti would mine at about 224 to 300 kh/s. If you are seriously considering in investing in this venture it would be best to buy a rig that supports 6 GPU's and buy either the 7950 or the 280x as they have considerably higher hash rates and are affordable to say the least. Something one should be aware of is that mining produces a lot of heat as your system is basically running at full capacity and therefore needs a lot of cooling. People usually build rigs in the open (no case) and use household fans to cool them. Also another thing that is common is to use PCIe risers as they allow greater spacing between GPU cards and effectively help in dissipating heat. Mining uses a lot of electricity so it is best to use a schedule to mine or if electricity is cheap then 6 7950's running 24 hours a day would cost you about 12 to 18 dollars in electricity a month, maybe more depending on where you live. The software to use for mining are Cgminer (https://litecointalk.org/index.php?topic=6925.0), guiminer scrypt (http://forum.feathercoin.com/index.php?topic=961.0) and cudaminer for Nvidia cards. I would advise against Cpu mining as that is not profitable and will simply weigh you down. Invest 250 to 350 dollars in a good AMD GPU and you will be mining much more effectively.
Trading:
There are many places where one can trade Feathercoins but only a few of them offer FTC/USD exchange. Btc-e (https://btc-e.com/exchange/ftc_btc). Is one of the biggest cryptocoin trading exchanges, it does not offer USD exchange for Feathercoins as of yet but allows you to exchange for Bitcoins. Crypto-trade (https://www.crypto-trade.com/trade/ftc_btc), this trading exchange allows you to trade against the USD making it more favourable to miners however there is currently a lack of volume for FTC as of writing. Other exchanges like Cryptsy, Bter and coins-e are all good but they are heavily dependent on Bitcoins and Litecoins for now.
My thoughts
Feathercoin is fairly new and its gaining momentum, once big exchanges start listing it against the USD, the venture will become more profitable. For now it is advisable to mine as many as you can and sit on them till value improves or if you have a mining rig that is mining at 22000 kh/s (this will get you about 500 feathercoins a day) then mine the shit out of them and trade them for Btc for profit although I would recommend against this as it it reduces the value of feathercoin. Many exchanges allow you to deposit money via international wire transfers however the minimum is 2000 dollars so keep that in mind before investing real money into this venture. There are alternatives like paypal and okpay that are also accepted but not a lot of people have accounts on those so signup for a website that suits your situation.
One last ting we all need to do is spread awareness about Feathercoin, It is a miners coin and the difficulty right now makes it so much more interesting to mine. I will update this page with more information and will answer questions if any to the best of my knowledge. Happy mining
My FTC wallet deposit thingy address : 6v1VuL41xGuLG1Bd8usJsuUEkZyac8jKbe
EDIT : I realized some of you might have NVIDIA GPU's and are hesitant on getting AMD. Never fear for there is a solution. If you have a motherboard that supports two or more GPU's that is you have more than one PCIe slots than follow these instructions:
If you intend to game on your system while you are mining then put the NVIDIA card in PCI slot one and buy an AMD card and put it in slot 2. Now install the drivers in the order Nvidia first reboot and then Amd second reboot. You do not need to plug in HDMI to your AMD card just leave it as it is. Now download gpu miner scrypt and select from the list your AMD card and start mining, its that easy. At night if you want to squeeze in more kh/s then run cudaminer and let it mine alongside your AMD. The best part about this is that you can be mining 24/7 on your AMD card and you will not experience any system slow down while gaming or watching movies. Remember to have atleast two workers workers created so you can mine parallel. If you already have an NVIDIA card then just install your AMD card and install AMD drivers and reboot and run guiminer scrypt. At times you might run into the issue of guiminer not starting, just delete it and re install it and it should work fine in 98% of the cases. This is for those who do not want to invest in a completely new system and would rather use their existing system. You can use cgminer as well but remember the order in cgminer starts from 0 not 1 so if NVIDIA is in slot 1 then it is -d0 -g0 and AMD will be -d1 -g1
submitted by motherlode1 to FeatherCOin [link] [comments]

[modpost] Possible wiki page, something I call "All about miners," covering things from basic terminology to miner config files and overclocking.

What is a miner?
A miner is a computer set up to solve cryptographic hashes in the litecoin network. Once a clump of these hashes, or a block, is mined, litecoins pop out! It's like opening a box of chocolates, except you know what you're gonna get :) Miners also handle transaction confirmations, making sure no single coin is double-spent.
Setting up your computer to be a miner
What kind of computer do I need?
Optimally, you'd have a good power supply and a couple decent Radeon/ATI/AMD graphics cards. Because of litecoin's hash algorithm, the gap between mining with graphics cards and processors is less than with most other cryptocurrencies, meaning that mining with some desktop processors may be worth it after electricity costs. Note that mining with laptops is not recommended because of the heat generated by mining, and mining with NVIDIA graphics cards may not be worth the cost.
How do I know if litecoin mining will be profitable for me?
First, check how fast you'll be mining with your hardware, how many litecoins you'll mine in a day, and how much litecoins are worth. Now, multiply the number of litecoins per day by their worth. Then, find out the power draw of your hardware, and calculate energy cost. Then finish by subtract energy cost from your daily earnings. If your number is positive, you're making that much money per day. If negative, you're losing money.
Keep in mind that the worth of litecoins goes up/down, and you have to earn the cost of your hardware before you churn a profit. Mining difficulty also goes up/down, depending on how many people are mining how fast in relation to how many litecoins are supposed to be generated how fast. See the economics(coming soon) post for more info.
Okay, I did all that. How do I start?
All you have to do is download a program and change some settings (later in the guide), and you're ready to go. If you're comfortable with configurations and the command line, Reaper and cgminer are your best friends. Otherwise, GUIMiner-scrypt is right for you. If you want to mine on your processor, download the "batteries included" miner via this link and setup should be relatively self-explanatory.
Do I mine alone?
Due to the difficulty of mining, we recommend that you mine with a pool where multiple people mine together. Visit your pool's about or help page for proper miner settings, which we're about to get to in-depth!
Under the hood
Configuring your miner (aka the hard part)
Before we get started, you should become familiar with these terms:
None of those will have any affect on how fast you mine. The settings that we'll be focusing on are:
If you're using GUIMiner-scrypt, there are default settings for different cards (lower right dropdown). I'm mining on a 7870. Here is what it looks like for me. You can follow along with the rest of this guide to optimize your settings. GUIMiner-scrypt is just a GUI to cgminer and reaper anyways.
If you are using a command-line miner, like reaper and cgminer, I recommend you download and isntall Notepad++ or SublimeText if on Linux.
Reaper is currently considered to be the best tool for mining. After you unzip your downloaded file, in the folder you'll find reaper.conf. It should look something like this:
kernel reaper.cl save_binaries yes enable_graceful_shutdown no long_polling yes platform 0 device 0 #mine bitcoin mine litecoin #mine solidcoin 
This will make it mine litecoin on your first graphics card and reference litecoin.conf, which for me looks like
host us-pool.give-me-ltc.com port 8080 user poolusername.1 pass anything protocol litecoin worksize 256 vectors 1 aggression 18 threads_per_gpu 1 sharethreads 32 lookup_gap 2 gpu_thread_concurrency 15380 
As you see, my thread concurrency is slightly different from the default of GUIMiner-scrypt. I found that this concurrency gives me the best hashrate!
NOTE: I do not use cgminer to mine litecoin. If you plan on using cgminer, which offers more hardware-controlling settings, in the cgminer folder you will want to create a text file. Then, open that text file w/ Notepad++ or SublimeText, then Save As > cgminer.con > file type > all. This will save the file with the proper name and as the proper type. Note that cgminer does not support high concurrencies. For me, cgminer.conf would look something like:
{ "pools" : [ { "url" : "XXX", "user" : "XXX", "pass" : "XXX" } ], "auto-fan" : true, "gpu-engine" : "920", "gpu-fan" : "0-100", "gpu-memclock" : "1375", "gpu-powertune" : "20", "gpu-vddc" : "1.219", "temp-cutoff" : "85", "temp-overheat" : "80", "temp-target" : "75", "temp-hysteresis" : "3", "kernel" : "scrypt", "gputhreads" : "1", "thread_concurrency": "8192", "worksize": "256", "intensity" : "dynamic", "vectors" : "1" } 
You saw some settings similar to what we saw in Reaper's litecoin.conf. The other settings have to do with my card's clocks, voltage, and fan. This is covered in the overclocking section right below!
Overclocking (aka the risky part)
Okay, first off I'm not responsible if you cause damage to your parts. Please research safe overclock settings for your card. Second, don't be afraid. Modern hardware has many safety features in place that help prevent mayhem like me...lol jk this isn't a car insurance add. For your better understanding, become familiar with these terms:
No one setting controls how effectively you mine; what matters most when it comes to clocks is the ratio between your core/memory clocks. Generally, a ratio of 0.7 or below is best. You will need to experiment. If you're using cgminer, you can control card settings from the conf file. However, if you aren't, I recommend using MSI Afterburner as your overclocking tool. You will need to unlock some settings. Using my cgminer settings, MSI Afterburner looks like this. I have found these settings to be the most stable while bringing me a high hashrate.
Other people's optimum settings
You can check the sidebar for the hardware comparison chart, but it is rarely updated and has huge sways in results. It is a good starting place. The mods of this subreddit will be putting together an updated, more accurate list in the near future.
END
I hope all things go smoothly for you and that you've learned a lot! Please consider donating LTC to
My wallet: LiD41gjLjT5JL2hfVz8X4SRm27T3wQqzjk
The writer of the [Consolidated Litecoin Mining Guide] which helped get me started
The writer of the [Absolute Beginner's Litecoin Mining Guide] which also helped me get started
submitted by mycomputerisbacon to litecoinmining [link] [comments]

Eobot.com FAQ

FAQ https://www.eobot.com/new.aspx?referid=94984
General Questions What is a Bitcoin? Good question; see www.bitcoin.org for more information.
What are your options to withdraw? We currently only allow withdrawals in BTC/LTC/BC/NMC/DOGE/XRP/DRK/RDD/BTS/CURE/PPC/NXT/SYS.
Why can't I deposit or withdraw "real currency", aka fiat (USD/EUJPY/GBP/CNY/RUB/etc.)? Due to international law, we do not allow you to deposit or withdraw fiat currencies. In the USA, there are MSB and FinCen regulations; in Europe, certain countries have banned cryptocurrencies, and in China, the banks aren't allowed to transfer cryptocurrencies. The laws may change in the future.
Why does my "Total Cryptocurrency Value" go down? This is because that display is tied to the exchange rates on other websites. Also see this user generated YouTube video for more information: https://www.youtube.com/watch?v=GucqlMuIXMg
Are their any fees to join or monthly fees? No fees.
Do you speak Spanish/Russian/Chinese? No, only English, but Google Translator works well.
What are the maximums/minimums for withdrawing? There are no maximums. The minimums are small, see the withdraw page for details.
Where can I see the terms and conditions? Please click here for terms and conditions.
Where can I see the privacy policy? Please click here for privacy policy.
Are you hiring? We are always looking for quality talent. If you would like to contribute, then please send your cover letter and resume to [email protected].
Do you have a bug bounty program? Yes, we pay for bugs, so contact us for details or visit us at CrowdCurity.com and submit bugs there!
Do you perform off-chain transactions? No we do not. All cryptocurrencies are sent, usually including miner fees, and can be seen on the blockchain for that respective cryptocurrency. This helps secure the network, makes our transactions transparent, provides an easier way to debug and track down coins, and reduces the chance for fraud. An off-chain transaction would be like what Coinbase could do if both users are Coinbase users and they change coins from one email to another, mark it in the database, and Bitcoin is never actually sent from one wallet to another.
Why does my balance reset after refreshing the page or changing cryptocurrencies? The server updates every 60 seconds and the balances you see updating in real-time are performed with Javascript. If you change pages quickly, or choose a new cryptocurrency, then it will look like it is resetting. However nothign is lost, as whatever cryptocurrency it is set at when the server updates will get the past 60 seconds of mining results.
Help! My account was hacked and withdraws are being made? Eobot is a secure site and has never been compromised. If your account was hacked, then you should change your password, turn on 2FA, and turn on email notifications. There are many unscrupulous Bitcoin sites, and most likely, you used the same password on another site. Never re-use passwords!
Do you have any wallpapers? Yes, you can download wallpaper1 or wallpaper2. Feel free to send us your own creations.
What does Eobot stand for? We have heard everything, let us know your favorite, including: Earn Online Bot, Earn Online Bitcoins Online Tool, Earn Online By Our Tech.
Is this legal? We cannot provide legal advice; make sure cryptocurrencies are legal in your jurisdiction before continuing to use Eobot.
Cloud Mining Questions What are the Cloud Mining fees? For electricity and maintenance, we currently charge a fee of 65% for SHA-256 and 65% for Scrypt. These values will change as difficulty increases, exchange rates change, and newer ASICs come online. These fees are better than our competitors, for instance CEX.IO charges $0.105 per GHS, which is a 81% fee! While GAW charges a 96% fee at current prices!
How long are the Cloud Mining rentals and contracts? Prior to October 11 2014, GHS/KHS contracts had no expiration. Old contracts are not affected. New contracts and rentals, mined or purchased after October 11 2014, are now limited in term for 5 years going forward. See your History tab for expiration dates.
Can I sell my Cloud Mining? No, you cannot sell the cloud shares at this time. This is because we own the hardware and do not want to be stuck if everyone decides to sell at once.
Can I buy Cloud Mining with credit card/USD? Yes, but please keep in mind you cannot sell or convert the Cloud Mining.
Can I buy Cloud Mining with cryptocurrency? Yes, deposit the cryptocurrency and then convert it to your choice of Cloud Mining.
What are the maximums/minimums when making a credit card purchase to buy Cloud Mining? The minimum is 1.0 GHS and 10.0 KHS and there is no maximum at this time.
Can I buy a Cloud Mining that mines in Scrypt? You can use the Cloud Mining SHA-256 hashing power to mine other currencies by automatically converting them as you mine, but the earnings will still be tied to SHA-256/Bitcoin difficulty, not Scrypt/Litecoin difficulty.
What is the difference between Cloud Mining SHA-256 and Cloud Mining Scrypt? One is tied to the difficulty in mining SHA-256 cryptocurrency (Bitcoin) and the other is tied to the difficulty in mining Scrypt cryptocurrency (Litecoin). This means that if history is any indication of the future, then the Cloud Mining Scrypt won't decrease as fast as the Cloud Mining SHA-256.
What does 1 instance of Cloud Mining SHA-256 and Cloud Mining Scrypt equal? 1 of Cloud SHA-256 equates to 1.0 GHS of SHA-256 mining power, while 1 of Cloud Scrypt equates to 1 KHS of Scrypt mining power.
Can I change the pool that my Cloud mines on? No, you cannot; this may change in the future.
What hardware is behind the Cloud Mining? The hardware varies from custom ASICs to GPUs. The ASICs are behind the SHA-256 and the GPUs are behind the Scrypt.
Can I RDP (remote desktop) into my Cloud Mining? No, you cannot at this time; we will run the servers for you.
What is the Cloud Mining Pre-Order? These are the same as the other Cloud Mining, but they will start mining on a later date. For instance, a Cloud Mining Pre-Order October 2014 will start mining on October 1, 2014.
Software/Miner Questions Why is it stuck on "initializing...please wait 5 minutes"? We recently changed our Scrypt pool, so this messge will show and the stats and speed won't show under your account. See pool info page for more info.
Why does it show as a trojan/virus? This is a false-positive that many of the popular antivirus programs report. For now you can ignore it, or try another free antivirus, like Microsoft Security Essentials. Hackers use something similar programs to make money off of people's computers, so that is why it shows up as a virus.
Why does Chrome block the download as malicious? This is another false-positive. Simply, go to your Chrome settings, scroll to the bottom and click on "Show Advanced Settings". Go to the Privacy section and uncheck "Enable phishing and malware protection". You will only do this temporarily. Then proceed to download our software. Then return to your privacy settings and recheck Enable Phishing to further protect you.
Do you have a Mac or Linux version? Yes, see the Pool Info under the Account page.
How do I use cgminer? See this English PDF tutorial for cgminer, or Spanish version, created by one of our members, for a simple walk-through.
How can I increase the speed? Important to increase speed: The default cgminer settings do not include hardware specific flags, which you may find here in the Litecoin Mining Hardware Comparison. Failing to use the proper flags can result in performance decreases in excess of 50%.
What do the intensity settings relate to? This is the same as cgminer flag --intensity. Low is 11, normal is none, high is 15, very high is 17, extreme is 19.
Can I use one account for multiple computers on same IP address? Yes, it will add your speed/rates together, you can use as many computers as you want.
Can I connect to the pool manually, through cgminer or bfgminer? Yes, see the Pool Info under the Account page.
Do you use Bitcoin and Litecoin? Yes, we are the easiest miner to use with BTC and LTC and convert on the backend automatically.
What do you use on the backend? We use cgminer, bfgminer, pooler's CPU miner, and a variety of pools.
Can I mine any cryptocurrency? Yes, regardless if you use SHA-256 or Scrypt (BTC vs LTC mode), you can earn and mine any cryptocurrency.
Can I use an ASIC? Yes, simply choose the option and run as GPU mode. Devices that work with bfgminer will work, for instance USB Block Eruptors or Butterfly Labs ASICs. You can also contact us for pool information for other ASICs.
What is the best graphics card/computer to buy? Either use a high end ATI Radeon card, or buy one of the USB Block Eruptor devices on Ebay/Amazon or a similar online store.
What drivers do I need for USB mode? http://www.silabs.com/products/mcu/Pages/USBtoUARTBridgeVCPDrivers.aspx
Why doesn't GPU mode work? You may need to download the OpenCL drivers; get them from here: http://developer.nvidia.com/opencl
Where can I get the .NET framework? Try Windows Update, or use Microsoft Web Platform Installer.
Can I use a proxy server? Yes, edit intensity.txt and put the details in there, for example, add "--proxy=http://mycompany-http-proxy:8080"
Where can I download the software? Download from link here
Can I use custom flags/change intensity? Yes, you can put in whatever custom flags/parameters/arguments you want. Edit the "resources/intensity.txt" file. Put in whatever you want, like for GPU mode: "--intensity 12 --shaders 1024" or for CPU mode (number of threads): "-t 32"
submitted by KryptosBit to Bitcoin [link] [comments]

GUIDE: Coin launches and being prepared.

New CryptoCoin launch preperation guide;
I've created this short guide for new users who want to jump in on the mining of a newly launched coins. Being prepared and getting on the network immediately will lead to you finding the earliest blocks (some coins have block rewards that are higher in the beginning)
Step One - Prepare the Data/Wallet directory
The first step in this guide will be to setup the directory that will hold your wallet data, config file and blockchain store. We want to set this up first so we can immediately start solo mining without screwing around with settings that are common across all CryptoCoin wallets.
Windows 7/8; C:\Users\YOURUSERNAME\Appdata\Roaming\COIN_NAME
Windows XP; C:\Documents and Settings\YOURUSERNAME\Appdata\Roaming\COIN_NAME
Linux; ~/.coinname/
MacOS X - ~/Library/Application Support/
Create a directory in one of the above directories that will match the name of the coin (ie: Bitcoin). In this directory we are going to make the default .conf file;
Default options listed in the COINNAME.conf will be as follows;
server=1
listen=1
daemon=1
rpcuser=YOUR_DESIRED_USER_NAME
rpcpassword=YOUR_DESIRED_PASSWORD
rpcport=NUMERIC_PORT_TO_LISTEN_ON
rpcconnect=127.0.0.1
Change the rpcport parameter to a generic port # if you plan on only having one batch file to start solo mining. WARNING, this method will interfere with mining if multiple wallets are running using the same port number. If the launch forum post lists default rpcport #s, use them instead of one generic port. (cryptocointalk/bitcointalk).
Pay attention to the original launch information forum post, adding nodes with addnode=ipaddress, can help speed up node discovery and wallet sync. You can add these options fairly quickly with a cut and paste.
If you have multiple rigs and plan to throw their hashes at the wallet if it's not on the same machine, use the .conf option rpcallowip=your.network.address.* (eg: rpcallowip=192.168.0.*).
Step Two - Create your .bat file
If you've been mining for awhile, this should be a simple step, otherwise, it is beyond this tutorial on how to fine tune your mining software.
The .bat file should only be a few lines long;
setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o http://127.0.0.1:WALLET_RPCPORT_PARAM -u YOUR_USERNAME -p YOUR_PASSWORD the_rest_of_your_miner_config_here
This is the default for scrypt mining. Always pay attention to the announcement post for specific mining options (CPU only, keccek, scrypt-n, etc).
Change the IP address in -o option to your wallet machines ip address, should be you mining from a different machine. (making sure to set the above rpcallowip= correctly)
note: adding gen=1 to your config file will automatically start the wallets internal block generation routine, by passing the need to start your mining software. Just remember to edit this option later if you run the wallet continually and do no plan to directly mine.
Step Three - Mine!
Download and install/extract wallet, run the wallet. If everything is set correctly, you should be ahead of the game and finding blocks very quickly.
If you've found this post informative, I'm never opposed to receiving gifts of Litecoin :D LXFE81zFSTkzsV1TrRCtdy781F1aiEfYHe
also: If you have any additions to this guide, please PM or comment, so that I may correct any errors I may have included.
edit: formatting.
submitted by agentneuron to CryptoCurrency [link] [comments]

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