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The 6 Best Bitcoin Mining Software

The 6 Best Bitcoin Mining Software

Last updated on July 25th, 2016 at 04:21 pm Are you thinking of joining the Bitcoin mining universe? In case you dont know, you can either mine on your own or as part of a pool. In terms of profit, there arent really many differences: solo mining will give you large and irregular payouts, as pooled mining will result in small and frequent payouts. In the end, they both add up to the same amount. Whatever your choice might be, remember you need to follow certain steps to successfully mine Bitcoins: get the right hardware, get the best software that matches your needs, arrange a way to receive the profits of mining and start solving algorithms. This is where you stop and think: but what is the best software for me if I dont even know them all? Well, lets make a small list of the most used software and help you choose. This software is, currently, the most popularGPU/FPGA/ASIC miner. CGminer isan open source GPU miner written in C available for several platforms like Windows, Linux and OS X. One of the things that make it extremely popular is the fact that its based on the original codeCpu Miner, which you can discover in Bitcoin Wiki . This software includes overclocking, monitoring, fans peed control and remote interface capabilities. His other features includeself detection of new blocks with a mini-database, binary loading of kernels,multi GPU support andCPU mining support. There are a lot of other characteristics you can discover here , at CGminer official forum. This software is a derivative of the previous CGminer, designed specifically for FPGA and ASICs, butwithout the central focus on GPUs like CGminer. The latest update on BFGminer, the 3.1.1 version launched in April 2012,features dynamic clocking, monitoring and remote interface capabilities. Besides being a Continue reading >>

Litecoin / Scrypt Asic Miner Wolf Review 1 / 2 Gh/s

Litecoin / Scrypt Asic Miner Wolf Review 1 / 2 Gh/s

Litecoin mining remains a hot topic in the mining community. Many of us are interested in the BW-L21 since it is one of the best Litecoin miners so far. The company is manufacturing miners that deliver unbelievable high hashrate. However, apparently 550 MH/s per 950 W power usage is not the limit. Ehsminer, a France-based company announced that they are working on a miner that will outperform the BW-L21. Is this just a rumor or are we really about to welcome the Litecoin / Scrypt miner of the year? Lets check this out! The Wolf is a new Litecoin ASIC that is meant to deliver 1024 MH/s for Scrypt mining while consuming only 1.4 KW. We are talking about a power efficiency of 1.36 KW/MHS. To put things into perspective, its closer competency features 1.72 KW/MHS. The Wolf can mine any Scrypt-based coins and therefore it is not limited to Litecoin alone, though I am sure most of us will use it for LTC. Here is a full list of Scrypt-based algorithms that are supported by the miner. Communication interface: serial port interface The miner prototype already exists. Ehsminer is planning on starting mass production of the ASIC in late 2017-early 2018. They will be confirming the exact date soon and if all goes well, the first units will be shipped in Q1 2018. The miner is available for preorder. It is priced 2,900.00 per unit excl. VAT. The company accepts a wide range of payment methods, which are: LTC, BTC, NXT, ETH, ZEC, DGB, ETC, DOGE, LSK and some other cryptocurrencies. They also accept bank transfers. As for today, the Wolf got a ROI of 3 months. This will indeed change once more people will receive it, but it is still impressive for a modern LTC ASIC. Again, its closer competitor got a ROI of 5 months. The miner got a 12 months warranty. This is understandable since Ehs Continue reading >>

I'm Done Mining Litecoin - Reckoner

I'm Done Mining Litecoin - Reckoner

In my previous Reckoner feature about Litecoin , I came to the conclusion that I had three options on the table at that stage of my experiment mining the crypto-currency: Option 2 keep mining at my current rate. Option 3 buy more rigs and mine even more Litecoin with the hope that the price rises. Option 1, the path of least resistance. Thats the choice I ultimately ended up at. My Litecoin mining adventure wasnt profitable and if Im honesta waste of time. To redeem something out of the experience, I can at least share with you what I did wrong. If you are thinking about mining Litecoin or some other sort of crypto-currency, you can learn from my mistakes. The main thing everyone wants to know is how much money did you lose, man?! $16,056.10 on set up (hardware, equipment, shelving) $5,075.00 on electricity, rent & internet access $10,709.78 on selling the gear (post ebay fees, postage, etc.) That puts me at a total loss of $8,183.24. However, I do have 894LTC in my wallet. The current price of LTC right now is hovering around $2.50 (ugh), which means if I was to sell my entire LTC stash, I will have lost $5,948.24 all up. A good scenario is the price of LTC maybehitting$5 once its announced on Mt. Gox (see their blog post which addresses this further). Which means, realistically, I will have lost $3,713.24 in total. Ideal circumstances? If I was to sell that LTC for $9.15 per coin, I could break even on the whole thing. If I sell for $10, Id make $756. If I sell my stash for $72.50 per coin, Id be able to buy a sweeeeeett Mercedes Benz A250 Sport . What went wrong? What could I have done better? I was naive enough to think that the price of LTC would grow so quickly, that it could meet the minimum repayment on my card and cover the costs of electricity, rent & an inte Continue reading >>

A4 Ltc Miner - Mining Asic - Innosilicon

A4 Ltc Miner - Mining Asic - Innosilicon

Innosilicon A4 Dominator, World 1st 14nm Litecoin Miner in Mass Production Innosilicon, the world renowned creator of the dominating 28nm A2 Terminator,is proudly announcing the specification & availability of the exciting next generation 14nm ASIC code-named A4 Dominator. This is a full custom optimized LTC mining ASIC with a tremendous focus on efficiency and cost, providing an incredible up to 4Mhs per chip performance with as low as 1.5W/MHs efficiency in a DCDC less daisy chain configuration. With more than quadruple the power efficiency over the previous generation, A4 ASIC offers up to 4Mhs per chip LTC hash power with as low as 1.5W/MHs power consumption. This performance puts A4 product head and shoulder above other miners as the most profitable mining server in the world. Nothing can touch the well-crafted A4 Dominator performance in the next 2 years! A4 ASIC/Miners are ready for order now and shipping starts in mid Oct. 2016. The demo video can be seen here: Part Number: INNOSILICON A4 Dominator280Mhsper unit (+-10% performance, can be over-clocked at user's risk) Size: Length 28cm * Width 26cm * Height 13cm Required rated PSU: 1000W or above, 4 * PCI-E 6Pin Included: Raspberry Pi, it is plug and playwith your PSU PSU is external and exclusiveto save your international shipping cost, which can be acquired used easily at low cost or reused from old version miners. Estimated delivery time:within 10days after payment confirmation To order and interested parties, please contact us via email account: [email protected] , [email protected] , [email protected] CC: [email protected] with your order volume and shipment location info, we will feedback you with the order price, payment instruction, and order confirmation. You can also contact o Continue reading >>

Cgminer Litecoin - Crypto Mining Blog

Cgminer Litecoin - Crypto Mining Blog

All About BTC, LTC, ETH mining as well as other alternative crypto currencies Download cgminer 3.7.3 karloth with GPU support for Windows If you are mining Scrypt crypto currencies such as Litecoin or maybe DOGE, then you are most likely using cgminer as a mining software or something that relies on cgminer as a backend. The author of cgminer (Con Kolivas) however seems to have decided to continue support of cgminer only for ASIC mining for SHA-256 cryptos such as Bitcoin and version 3.7.2 is the last one for cgminer to support GPU mining for scrypt crypto coins. Furthermore the windows version of the last cgminer to support GPU mining has been removed from the official download location, you can however download cgminer 3.7.2 with GPU support for windows here . More importantly, there are already some alternatives that are based around the original source code of cgminer 3.7.2, but add extra features and offer improvements that are not found in the original software. One such version based on cgminer 3.7.2 is Martin Kalroth Danielsens cgminer 3.7.2 that he calls cgminer 3.7.3 in order for the users to be able to differentiate between the original and his version. In cgminer 3.7.2 kalroth (cgminer 3.7.3) he has made changes to the visual interface to make it more user friendly and functionality that can help you squeeze a bit more performance out of your GPU mining hardware. Some of the notable differences include support for multiple pool load balancing, implementation for idle state for GPUs when theres no work, two additional modes for controlling intensity xintensity and rawintensity for additional performance, faster failover pool switching back delay and interface improvements such as uptime status or percentage of rejected shares and so on. Definitely something Continue reading >>

Litecoinpool.org

Litecoinpool.org

New to Litecoin mining? Read our Beginner's Guide ! Welcome to the first true pay-per-share (PPS) Litecoin pool.Some of our key features: Exclusive ultra-low-latency Stratum server implementation, written in C Support for Stratum over TLS, to prevent MITM attacks Merged mining (AuxPoW) of several altcoins, paying out in litecoins Support for the resume extension to Stratum Adaptive share difficulty (vardiff), with support for manual tuning Network of 8 geographically-distributed, redundant servers Fee-free automatic and manual (instant) payouts Website and mining interface also accessible as Tor hidden services Every valid share you submit to this pool is instantly credited to your accountat the current pay-per-share (PPS) rate.This rate, expressed in litecoins,also takes into account merged-mined coins such as Dogecoin,resulting in higher payouts than a regular Litecoin pool. Thanks to merged mining, you have to pay no fee;in fact, your earnings may even be higher than with a 0-fee PPS system. This is not a PPLNS, SMPPS or RBPPS pool:we always pay for your work,even if the pool has not yet solved enough blocks to cover the earnings generated.On other systems, miners are only rewarded when and if a block matures,but sometimes blocks get orphaned from the Litecoin network,and therefore yield no reward.A PPS pool, on the other hand,takes on the risk of bad luck so you don't have to deal with varianceand orphaned blocks. LitecoinPool.org was started shortly after the birth of Litecoin by Pooler,who is well known in the community as a member of the Litecoin core development teamand for being the maintainer of the cpuminer software package.Since the very start, the pool used ad-hoc software:Pooler wrote the front end entirely from scratch, with security and efficiency in mi Continue reading >>

Asic - Bitcoin Wiki

Asic - Bitcoin Wiki

An application-specific integrated circuit (abbreviated as ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware , ASICs were the next step of development after CPUs, GPUs and FPGAs . Capable of easily outperforming the aforementioned platforms for Bitcoin mining in both speed and efficiency, all Bitcoin mining hardware that is practical in use will make use of one or more Bitcoin ( SHA256d ) ASICs. Note that Bitcoin ASIC chips generally can only be used for Bitcoin mining. While there are rare exceptions - for example chips that mine both Bitcoin and Litecoin - this is often because the chip package effectively has two ASICs: one for Bitcoin and one for Litecoin. The ASIC chip of choice determines, in large part, the cost and efficiency of a given miner, as ASIC development and manufacture are very expensive processes, and the ASIC chips themselves are often the components that require the most power on a Bitcoin miner. While there are many Bitcoin mining hardware manufacturers, some of these should be seen as systems integrators - using the ASIC chips manufactured by other parties, and combining them with other electronic components on a board to form the Bitcoin mining hardware. The pace at which Bitcoin ASICs have been developed, for a previously non-existent market, has seen some academic interest. One paper titled "Bitcoin and The Age of Bespoke Silicon" notes: We examined the Bitcoin hardware movement, which led to the development of customized silicon ASICs without the support of any major company. The users self-organized and self-financed the hardware and software development, bore the risks and fiduciary issues, evaluated business plans, and braved the task of developing Continue reading >>

Asic Miners ,fastest Coin Miners ,gpu Miners

Asic Miners ,fastest Coin Miners ,gpu Miners

Welcome to Asic Miner Market, the most advanced cryptocurrency mining, hash hardware service. We sell Asic GPU, Coin, Hash, ASIC Mininghardware, and solutions.Why bother with risky mining contracts or renting when you can buy hashing power directly? Asic Miner Market brings more sense to the market. Continue reading >>

Bitminter - Bitcoin Minting The Easy Way!

Bitminter - Bitcoin Minting The Easy Way!

A closer server can slightly reduce stale (rejected) work. A reject ratio around 0.10% is normal. Check live stats to see your reject ratio in the current shift. If you have firewall issues try port 443 instead of 3333. New users can mine with just the user name. That's because you start out with a worker that has the default setting enabled. To use a specific worker mine with your user name, an underscore, then a worker name, e.g. John_asic3. There is no password check. You can put X or 123 as password. Bitminter is a bitcoin mining pool that aims to make it easy for anyone to make bitcoins. Bitminter is one of the oldest pools. Since we opened in 2011 over 450 000 people have registered accounts with us. We hope that you will join us too! ASICs took over in 2013. Mining one bitcoin with just a PC now takes millions of years. You'll want a 1 TH/s or faster ASIC machine to start a small mining-at-home operation. Have a look at Antminer from Bitmain and AvalonMiner from Canaan . Used ASICs are available at ebay and similar places. Your work is recorded in shifts . When we create a new block you get a share of the income proportional to how much of the work in the last 10 completed shifts is yours. This reward system is known as PPLNS with shifts. 99% of the mining income (including transaction fee income) is paid out to users. Donations are optional and will unlock various perks. You can pay for goods and services with bitcoins. Try the open market OpenBazaar or the freelancer market Rein . Get bitcoin-themed items from BTC Trinkets . Or what about Overstock , Expedia , Mega . Find more with CoinMap or the Bitcoin Wiki . Continue reading >>

Buy The Powerful Antminer L3+ Asic Litecoin Miner - Bitmain

Buy The Powerful Antminer L3+ Asic Litecoin Miner - Bitmain

Finally an ASIC chip to mine Scrypt coins The BM1485 chip, the first Litecoin Application Specific Integrated Circuit (ASIC) chip in more than two years, is designed by the same team that designs the worlds most power-efficient ASIC chips for Bitcoin mining. Each Antminer L3+ employs 288 such chips to deliver more hashrate and efficiency than any previous Litecoin miner on the market. Worlds most powerful Litecoin miner, yet smaller than many portable boom-boxes The Antminer L3+ follows a form factor similar to that of the hugely popular Antminer S9 and is nearly the same size. Whether in a home or in a mining farm with several other L3+ miners, the Antminer L3+s small footprint fits well in all locations. Controlled by Texas Instruments 1GHz ARM Cortex-A8 Microprocessor L3+s control board uses Texas Instruments AM335x 1GHz ARM Cortex-A8 microprocessor The Antminer L3+s control board employs the fast AM335x 1GHz ARM Cortex-A8 microprocessor and supports Gigabit Ethernet to ensure that mined blocks are submitted instantly. A high-grade aluminum case, customized heat-sinks and two computer-controlled fans to keep it cool The L3+ utilizes a combination of conduction and convection cooling to make the worlds most powerful Litecoin miner perform at its best while creating no more heat than the latest terahash Bitcoin miner. Every chip of the L3+ is fitted with custom-made heat sinks that are made of a high-grade Aluminum alloy. The case of the L3+ is made of the same material. Two computer-controlled high speed fans on both ends of the tube ensure that the hot air is rapidly replaced by cooler air at the required pace. Antminers user interface has been carefully designed keeping the needs of our users in mind After you have accessed the Antminers user interface, all you nee Continue reading >>

#1 Best Litecoin Mining Hardware Asics For Scrypt 2017 / 2018 (comparison)

#1 Best Litecoin Mining Hardware Asics For Scrypt 2017 / 2018 (comparison)

Jordan Tuwiner Last updated July 13, 2017 Litecoin hovered around $3 for a long time . Recently, it has surged to $45+ and with that price rise has come renewed interesting in Litecoin and Litecoin mining hardware. This article will cover the best Litecoin mining hardware that is available on the market. Before we jump in, know that you can use a Litecoin mining calculator to try and estimate your possibility of making a profit. You can put in hash rate and estimated electricity costs to try to guess your earnings and profit. The best Litecoin mining hardware on the market right now is probably the Antminer L3+ . It mines at 504 MH/s. The only issue is it does not ship until August or September 2017. Bitmain has always been a trusted Bitcoin mining hardware manufacturer. Lately, however, the company has come under heat for adding a backdoor to their hardware . No malicious intent by Bitmain has been proven, but this is still a risk to be aware of if you buy the hardware. There is a 180-day warranty in case your miner breaks or stops working for some reason. Also note that for this miner or for any other hardware, youll likely need a fan and some other mining equipment so the miner does not overheat. The miner consumes 1.6 Joules per Megahash (MH/s). You can buy the Antminer L3+ directly from Bitmain , or on eBay or Amazon. Litecoin is one of the most liquid cryptocurrencies. After Bitcoin, it is probably the most widely accepted and recognized. Despite this, there are other Scrypt currencies that may be more profitable to mine than Litecoin. This simply means that in USD terms some other Scrypt coin may be more profitable to mine than Litecoin at a given time. This constantly changes, though, since the altcoin markets are very volatile. You can mine a different scrypt Continue reading >>

How To Mine Litecoins On Windows? | Easy Litecoin Gui Mining | Simple Litecoin Miner |

How To Mine Litecoins On Windows? | Easy Litecoin Gui Mining | Simple Litecoin Miner |

How to Mine Litecoins on Windows? | Easy Litecoin GUI Mining | Simple Litecoin Miner | Have you been wondering,How to Mine Litecoins on Windows? Lately, Ive been trying to earn some money by mining the Bitcoin alternatives, Litecoin. After creating a Guide on How to Start Mining Quarkcoins I made this Guide for How to Mine Litecoins on Windows . If you have spare AMD Radeon graphics cards lying around, and energy rates that arent stratospheric, mining a peer-to-peer digital currency known as Litecoin (think of it as silver to Bitcoins gold ) is within your grasp.Earlier this week I published a hardware guide as a reference for miners new to the scene, but the following guide should get Windows users up to speed regardless of dedication level or investment level. 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 and 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 is widely used. For those of you not familiar with the mining process, heres a simple explanation of how it works: All cryptographic coin networks structure themselves around blocks, which contain hashes. A h Continue reading >>

Litecoin Miner Review - Is Ltcminer.io Cryptocurrency Cloud Mining Real?

Litecoin Miner Review - Is Ltcminer.io Cryptocurrency Cloud Mining Real?

LTCMiner.io, or Litecoin Miner, claims to be a trusted online wallet for Litecoin. Find out how it works today in our review. LTCMiner.io describes itself as a trustful online wallet for Litecoin. However, LTCMiner.io isnt your ordinary Litecoin wallet. The company offers a variety of cloud mining services . You pay the company a certain amount of LTC per day, then earn profit through mining . In other words, the wallet is your account on LTCMiner.io. When you deposit money into the wallet, youre really just buying a mining plan. In any case, LTCMiner.io claims that the average user can expect to earn profits of 191.93% per year, or about 16% ROI per month. This is the average return so half of all users will earn more than this. As with similar cloud mining sites, its hard to verify the profit claims made on LTCMiner.io. However, guaranteed returns of 200% per year from any investment would be considered very good. Typically, bitcoin mining doesnt return anywhere close to this level of ROI. How does LTCMiner.io produce such enormous returns? How can the creators of LTCMiner.io deliver returns that surpass anything else in the Litecoin mining community? The company never really explains how it generates these returns. They also dont provide any audits or proofs of returns. The company has a page where they list transactions to and from their wallet but its not totally clear how the average investor is earning 200% returns. In any case, LTCMiner.io has four different investment packages advertised on the official website, including all of the following: Basic Version 1.0 (Priced at 1 LTC): 0.0014 LTC per minute, 0.2 LTC per day Standard Version 2.0 (5 LTC): 0.0007 LTC per minute, 1 LTC per day Standard Version 3.0 (20 LTC): 0.0027 LTC per minute, 4 LTC per day Premium V Continue reading >>

Litecoin Asic Miner! Preorder Antminer L1 - Scrypt, 120 Mh/s | Ebay

Litecoin Asic Miner! Preorder Antminer L1 - Scrypt, 120 Mh/s | Ebay

(estimated and based on current bid) To be provided at checkout help icon for Shipping - opens a layer This amount includes applicable customs duties, taxes, brokerage and other fees. This amount is subject to change until you make payment. For additional information, see the Global Shipping Program terms and conditions- opens in a new window or tab This amount includes applicable customs duties, taxes, brokerage and other fees. This amount is subject to change until you make payment. If you reside in an EU member state besides UK, import VAT on this purchase is not recoverable. For additional information, see the Global Shipping Program terms and conditions- opens in a new window or tab Estimated delivery dates - opens in a new window or tab include seller's handling time, origin ZIP Code, destination ZIP Code and time of acceptance and will depend on shipping service selected and receipt of cleared payment - opens in a new window or tab . Delivery times may vary, especially during peak periods. This item has an extended handling time and a delivery estimate greater than 31 business days. Continue reading >>

Guide: Build Your Own Litecoin Mining Rig

Guide: Build Your Own Litecoin Mining Rig

Guide: Build your own Litecoin Mining Rig Want to get into mining digital currency (bitcoins, litecoins, and/or other altcoins), but have no idea how to go about it? This guide will take a complete beginner through the various steps involved in building your own power-efficient ~1900 kH/sec litecoin mining computer. Guide: Build your own Litecoin Mining Rig 4/06/2017: This guide is nearlyfouryears old.While the Windows and Linux setup portions are still somewhat useful in a general sense, please dont attempt to buy any of the hardware recommended in part 1itsquite obsolete!If youre looking for information about modern GPU mining, please click here for my updated 2017 guide on Ethereum mining . Click the image or heading in each section to jump to that piece of the guide. Learn what components give you the best bang-for-the-buck when it comes to litecoin mining. See what youll need to pack multiple GPUs into a single computer for maximum efficiency. Then, follow a step-by-step guide on how to assemble everything into a plastic milk crate to facilitate airflow and cooling. Follow a detailed set of instructions that will have you up and running with Linux on your litecoin mining rig in about an hour. The guide is tailored to the complete Linux beginner and includes every single command that youll need to inputno guesswork or incomplete steps! If Windows is more to your liking, weve got a guide for you, too. Covers a complete installation from start to finish: BIOS settings, drivers, mining software, auto-startup, remote admin, and more. For more advanced users, undervolting your GPUs (to save power) is also included as an optional step in the guide. After youve got your litecoin mining rig running, check out the optimization guide for tips on getting the best performance Continue reading >>

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