In part two, I’ll be going over where do we exchange our money into litecoin. In case, we’re having problems mining or maybe our computer isn’t fast enough to mine, whatever the reason maybe. And the only number that really changed was this number here and my intensity. So if we increase our threat concurrency, and this is in kilobytes, we can increase our speed. So I’m going to bump the intensity up two-twenty. And I’m going to bump this up to nine thousand.

And one of them is cpu miner which you can find in here on this thread at bitcointalk.Org. And I’ll have all these links and stuff in my description and on my website so don’t worry about that. Basically, yeah, here is the cpu miners available in 32 bit, 64 bit versions for windows and I’m using the 64 bit one.

Now I’m going to be showing you wemineltc. And this is the largest pool, but they weren’t the largest pool when I created my account. And by no means, is a pool any better because it’s larger. So I definitely encourage you to try out these other pools, like, coinotron, give me coins, liteguardian, because these pools might be better than wemineltc.

So if I click on stats, I can get to my stats here and my dashboard here on the left-hand side. That’s the easiest way to Litecoin Miner X6S. I hope you enjoy part one of the litecoin for beginners video series.

Miners are currently awarded with 12.5 new litecoins per block, an amount which gets halved roughly every 4 years . The litecoin blockchain is capable of handling higher transaction volume than its counterpart - bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. You can download it from this thread at bitcointalk called cudaminer, a new litecoin mining application windows/linux. But it’s going to really slow down your computer and it’s – it might be bad for your graphics processors. It could potentially burn them out, overheat them.

Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, litecoin is a proven medium of commerce complementary to bitcoin. This article contains an overview of useful litecoin mining tools.