Can someone please tell me if I'm mining Litecoins correctly?

FatMagic

full member

Activity: 224

Merit: 100

Quote from: whatisthename on March 26, 2013, 05:05:50 PM

Quote from: prime14k on March 26, 2013, 04:52:59 PM

I had the same problem and then I found this article in this forum -
https://bitcointalk.org/index.php?PHPSESSID=ddu3a2lkq7mnu4dv97v5dp3934&topic=113707.0

Before this I found out I needed the app minerd.exe and downloaded it per instructions from ltc pool mining sites. For solo mining the above link was much easier.

Hope this helps and best of luck!

Sorry to trouble you but what is the point of what you just posted? I say that with respect, I'm confused.

I thought I could just download Litecoin-QT and mine inside there?

Remember, you are also just solo mining LTC at this point if using the Litecoin-QT client - and that is like playing the lottery. Especially with low hashes, there is no point in solo mining. It will take you 2-3 months if you're lucky to find a single block, and get 50 LTC out of it. You could have 50 LTC faster if you pool mine

meebs

hero member

Activity: 616

Merit: 500

go ahead and mine for a couple days.. send them to me and i'll check them out to make sure they are legit :-)

(and yes.. i'm just kidding!)

whatisthename

newbie

Activity: 56

Merit: 0

Quote from: prime14k on March 26, 2013, 04:52:59 PM

I had the same problem and then I found this article in this forum -
https://bitcointalk.org/index.php?PHPSESSID=ddu3a2lkq7mnu4dv97v5dp3934&topic=113707.0

Before this I found out I needed the app minerd.exe and downloaded it per instructions from ltc pool mining sites. For solo mining the above link was much easier.

Hope this helps and best of luck!

Sorry to trouble you but what is the point of what you just posted? I say that with respect, I'm confused.

I thought I could just download Litecoin-QT and mine inside there?

prime14k

member

Activity: 105

Merit: 10

nothing to say except ... .. .

I had the same problem and then I found this article in this forum -
https://bitcointalk.org/index.php?PHPSESSID=ddu3a2lkq7mnu4dv97v5dp3934&topic=113707.0

Before this I found out I needed the app minerd.exe and downloaded it per instructions from ltc pool mining sites. For solo mining the above link was much easier.

Hope this helps and best of luck!

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

This is because you need the last block in the chain to mine from.

whatisthename

newbie

Activity: 56

Merit: 0

Quote from: Buffer Overflow on March 26, 2013, 04:49:29 PM

You need to download the full blockchain to 100% before you can mine.

Thank you

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

You need to download the full blockchain to 100% before you can mine.

whatisthename

newbie

Activity: 56

Merit: 0

Hi Everyone,

Thanks for reading. I have about a weeks worth of research into Bitcoin, and I decided to try my hand at mining some Litecoins.

I want to know if I'm doing it right. I downloaded Litecoin 0.6.3 and it says it is synchronizing. So far I'm at 10%

Then I went into Mining, Clicked Start for "Solo Mining"...and I don't think anything is happening.
At the bottom it says mining Litecoins at 0 Hashes per second.

What do you think I'm doing wrong?

Thank you

Topic: Can someone please tell me if I'm mining Litecoins correctly? (Read 4116 times)