A friend ask me if i can help him with a Guide to Mine Litecoins.I never mine before puhhh but i learn fast.
Now i found a better way if you want to built a Ltc Mining Rig.
Short Intro about LiteCoins
Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers with GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units.
One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine Bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisfy these goals. It is unlikely for ASIC mining to be developed for Litecoin until the currency becomes more widely used.
For more information, visit the Litecoin page.
What we need to mine LiteCoins.
A Ati/Nvidia Gpu Card or a Cpu with Running OS
Mining Software (GuiMiner) or Standalone OS
LiteCoin Wallet
LiteCoin Pool
Nr 1
Get Downloads Here :
Download The LiteCoin Client for your Wallet from https://litecoin.org/
Install Litecoin for your OS and start it and wait for updates, your wallet is now ready.
Nr.2
Join a Pool my choice is ltcrabbit.com
Join the LtcRabbit Pool Here : https://www.ltcrabbit.com/
Make an New Account its very simple.
Add New Worker “My Account” > My Workers > Add a New Worker
Pool Ready to Mine some ltc coins Well Done.
Worker Ready Now now we need to follow this steps.
- Why should i use "SMOS-LTCRabbit-Edition" USB stick mining operating system?
LTC mining requires perfect configuration of your graphic card driver, operating system and the miner software cgminer. It is very hard to configure all this and get the maximum hashrate from your graphic cards.
Therefore, SMOS-Linux.org developed in cooperation with LTCRabbit a mining operating system, which is easy to use and requiring only a minimum of configuration. Just download the operating system, write it to a USB stick, boot your PC from the USB stick, enter you worker username and password (cgminer.conf) and start mining LTC.
- Which hardware is supported
- Best choice: buy the new AMD R9 280x or older Radeon HD 7950 or HD 7970 (our mining operating system will work out of the box with these cards)
- Now supported with SMOS LTCRabbit V2: AMD Radeon HD 7990, R9 270X, R9 290X
- AMD Radeon HD Series 7800, 7700, 7300, 6900, 6800, 6700, 6600, 6550D, 6530D, 6500, 6410D, 6370D, 6310D, 6300, 6200, 5900, 5800, 5700, 5600, 5500, 5400 (find optimal settings for these cards here.)
- OS supports up to 6 GPUs
- OS does not support WLAN sticks only ethernet cable
- Create account.
- Register here, or skip this step if you already have the ltcrabbit account
- Create a worker that will be used by the miner or skip if allready done.
- Download our LTC mining operating system "SMOS-LTCRabbit-Edition"
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SMOS-LTCRabbit-Edition-V2 (1 GB)
- Extract the ZIP file. You'll find the file SMOS-LTCRabbit-Edition-V1.img inside
- username: root / password: rabbit
- SMOS-LTCRabbit-Edition is of course free of donation mining!
- Release notes (30.12.2013)
- Write the image file to your USB stick (Windows)
- Download Win32 Disk Imager and extract it
- Insert your USB stick (minimum size: 2GB, all data will be erased, USB 2.0 or better 3.0)
- Start Win32 Disk Imager
- Select "SMOS-LTCRabbit-Edition-V1.img" from your disk as "image file" and select the drive letter of your USB stick as "drive". Click "write" to write the image to your USB stick.
Note: if your USB drive letter does not show up in Win32 Disk Imager, you have to format your USB stick to allow windows to show it. Press Start - Run - "diskmgmt.msc" to open Windows Disk Management utiliy. Delete all old partitions on your USb stick and format it with NTFS or FAT32. Then your USB stick will show up in Win32 Disk Imager
- Boot from your USB stick
- Insert your USB stick containing SMOS-LTCRabbit-Edition
- Make sure your monitor is connected to your separate AMD Radeon HD graphic card and NOT to your onboard HDMI connector / or onboard graphic card
- Boot your PC from the USB stick
- If it does not boot from the USB stick, check the boot order in your BIOS
- Configure SMOS-LTCRabbit-Edition
- You should see the desktop now
- 20 seconds after boot, mining automatically starts. Double click on stop_mining on the desktop after mining has started. Stop_mining script gives no feedback, but it does it's job.
- Double click on cgminer.conf to open the mining configuration file (see screenshot below)
- Replace "yourusername.workername" and "password" with your worker credentials. You find the credentials in your LTCRabbit memberarea, menu "Account" -> "Worker"
- If you run a Radeon HD 7950, HD 7970 or R9 280x you are done. Everything is configured already. Click on start_mining on the desktop (again, this script does not give any feedback, but it starts mining).
- If you run annother graphic card, please find the correct settings for you specific card here. You definitely have to find the correct values for:
intensity (-I) Please lower intensity if you experience problems.
thread-concurrency
gpu-thread (-g)
worksize (-w) - If you experience problems, first thing is to disable GPU overclocking by deleting following lines in cgminer.conf:
"gpu-engine" : "1000",
"gpu-powertune" : "20",
"gpu-memclock" : "1250"
- Watch your mining rig status remotely
- You can watch your rig mining status through annother PC located in your local network. Open the following URL in your browser:
http://YourRigIP:8080
Please replace YourRigIP with the IP address of your mining rig. You can find it in the upper left corner of the desktop (see screenshot above) - You can connect to your rig by SSH (Port 222, Username root, Password rabbit):
Linux: open terminal and enter "ssh root@YourRigIP -p 222"
Windows: use the SSH client Putty to connect to the rig.
- You can watch your rig mining status through annother PC located in your local network. Open the following URL in your browser:
- Technical details
- Want to know things like how to set a static IP for your rig or change the start mining delay after boot?
- Read the SMOS-LTCRabbit-Edition cheat page
- Release notes
- SMOS LTCRabbit Edition V1 (22.11.2013): initial release
- SMOS LTCRabbit Edition V2 (30.12.2013): Catalyst drivers upgraded to 13.11b, ADL upgraded to 6.0, CGMiner upgraded to 3.7.2, improved webinterface. Full R9 and 7990 GPU support. Automatic reconnect of CGMiner is now working correctly.
-
Credits: SMOS-LTCRabbit-Edition is based on BAMT, which was further enhanced by SMOS-Linux.org to SMOS, which was adapted to the needs of LTCRabbit by SMOS-Linux.org
Nr.8
Add your payout wallet address from your wallet to ltcrabbit.
Now you need only wait and got $$$ from your vga-cards cool.
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Nr.9
Info Coming soon frist need some coins to cashout.
Get some LTC Coins and cashout to real $$$.
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Nr.10
Donate Some Litecoins for the great tut ;)
Donate Send to : LPEVLuHAwSc53otzLLmVnjde2r7wUVTMsZ
Have pfun
Income estimation for 2 x AMD ATI XFC HD 5830 1gb DDR5 running 24/7 :
LTC in 24h: 0.32552875
LTC in 7 days: 1.67870124
LTC in 1 month: 6.76586245
LTC > USD 1 > 21~$
