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Indeed, there is no "right way" just yet. One of my readers likened cryptocurrency mining to alchemy. Now for the tricky part, because this is the exact opposite of plug-and-play. I stumbled across several threads from miners who strayed away from it after they developer dropped support for GPU mining in future releases. UPDATE: Several of my readers strongly recommend CGminer over any other, and while I'm not as familiar with it, there is no harm in downloading it and experimenting with it.
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The Forbes E-book On Bitcoin Secret Money: Living on Bitcoin in the Real World, by Forbes staff writer Kashmir Hill, can be bought in Bitcoin or legal tender. The nature of cryptocurrency means that hackers abound, so keep your mining operations safe from intruders.
#BEST MINING SOFTWARE FOR LITECOIN PC#
Secure Router: Never plug any PC directly into your broadband modem, and never use a router without enabling a firewall.
#BEST MINING SOFTWARE FOR LITECOIN OFFLINE#
Bundled Software: For your convenience - and in case any of the download locations are offline - I've uploaded the Stratum Proxy, Reaper software, and GUIMiner into a handy zip folder.You can download it here, though this guide doesn't cover its usage. It features a dropdown menu for pre-defined graphics card settings, though it doesn't yet have auto-configurations for AMD's Hawaii GPU (Radeon 290/290x). GUIMiner- Scrypt: This is a user-friendly version of CGminer with a graphical front-end and an alternative to Reaper.It's a good balance between the simple but less configurable GUIMiner and the robust but more complicated CGminer. Reaper: This command-line executable is my Litecoin miner of choice, if only because I'm intimately familiar with it.You'll need it regardless of the mining client you choose. Stratum is just a more efficient method of mining, and this lightweight EXE file auto-connects you to the WeMineLTC pool. Stratum Proxy: Don't stress the technical jargon here.I've chosen WeMineLTC simply for its reliable uptime in my experience. During my research the site was down for four consecutive days. You'll see references in some guides to Burnside's () please avoid it. Pooled Mining Account: I'm a member of, and I recommend it.If your hard drive crashes, you lose your Litecoins along with your data. And be diligent in constantly backing it up (File > Backup Wallet). Don't forget that your wallet isn't secured until you've encrypted it (Settings > Encrypt Wallet). Litecoin Wallet: You'll need somewhere safe to store your Litecoins, so download the official Litecoin wallet at This allows you to deposit Litecoins as well as transfer them out to exchanges like BTC-e or to other users.Let's talk required software and accounts. The old adage "if you can't beat 'em, join 'em" has never been truer. Here's an observation to illustrate the importance of pooled mining: It took 9.4 minutes to find the last block in our mining pool, but 31,742 software clients contributed to that.