Starter's guide to mining your own litecoins (after bitcoins)

Download or read book Starter's guide to mining your own litecoins (after bitcoins) written by John Stevenson and published by John Stevenson. This book was released on 2013-12-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: So you’re interested in mining cryptocurrency, but you’re not sure where to start? No problem, this guide is all you need to set up your own headless litecoin mining rig—even if you have absolutely no experience with this sort of thing. First, let’s get the obvious question out of the way: why litecoins? After all, bitcoins are worth more, right? The simple answer is that at the time of this writing, litecoins are currently the most profitable cryptocurrency to mine when you take into account how much each coin is worth, and the time required to mine one. Rest assured that if the situation changes, and another cryptocurrency suddenly surpasses litecoin as the best mining option, the rig outlined in the guide should have no problem switching over to a new coin.