Thursday, 5 December 2013

How to CPU mine LiteCoins

Some people argue that it`s just not worth it, mining using your CPU but we`re still in the early days of Litecoin which allows us still to benefit from consumer grade hardware.

The better way and faster way to earn using LTC is to run a CPU miner in a pool of shared resource and split the benefits. 

I`m going to be putting together a small very simple, easy to use package available to download and just run.  This will connect you into my pool and begin utilising your processor (at a stable rate, worth mentioning).

Anyone who wants to know more, please email me or add your details into the comments section ( I wont post these online, they`re private comments).  I`m looking for people to give a Worker address too and share the payouts at the end of each week - so if you want to get involved let me know.

Some easy way to sell these coins for those who don`t know. At time of writing, 1.0 LTC sells on eBay for 30-40 GBP OR you can convert them to USD for about 40 USD.  With the increase in share price still rising, its worth keeping them as an investment to sell later.  1 x Bitcoin now sells for about 680 GBP but started around the same price as the LTC currency.

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