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Start mining litecoin step by step
Start mining litecoin step by step




start mining litecoin step by step start mining litecoin step by step

Since this “PPS ratio” (now displayed in the top-right corner of the website) is based on volatile factors, including the DOGE/LTC exchange price and the difficulty of the Dogecoin network, we may need to change it rather frequently. This is basically the same as having a negative PPS “fee”. Since this is, payouts will still be made in litecoins only, but from now on the PPS rate will be adjusted upwards to take into account the expected rewards coming from merged mining. On the contrary, it strengthens both currencies, because miners no longer have to split between the two networks but can mine (and therefore secure) both simultaneously. Note that this is not what profit-switching pools already did (namely, continually switching between two or more coins based on profitability considerations), and does not cause sudden difficulty spikes, nor does it harm the involved block chains in any way. We won’t go into the details of building a rig in this article. The rig will also require significant RAM and cooling for the rig. Litecoin rigs can have from two to five GPUs or more. Starting today, Dogecoin can be mined alongside Litecoin, by using a technique known as merged mining (or “AuxPoW”, which stands for “auxiliary proof of work”) that allows multiple cryptocurrencies to be mined at the same time. Warning: This post is very old, and may contain outdated information. Your mining computer, or rig, is the critical piece that will determine how effective you are at minting new coins. Warning: This post is very old, and may contain outdated information.






Start mining litecoin step by step