content="How to Mine Litecoins after Preliminary Work?"

Darlene Robert  2019-09-12 16:41:53

If you join a mining pool you can start seeing Litecoin returns almost immediately. In other two booklets, we introduced how to prepare before mining Litecoins. It still seems confusing how to continue. Let’s carry on step by step.

  1. 1Double-click your. bat file to start mining. Once your miner is configured and connected to your pool, you can begin the mining process. The command prompt window will display the results of your mining as it happens, such as the rate you are mining at and how much you've accomplished. Some miners will tell you the market value and your mining pool information as well.
    • 2Monitor your system hardware. Mining is very taxing on your hardware, as it constantly pushes it to its maximum limit. Make sure that you keep an eye on your temperatures to prevent any overheating, which can destroy your equipment. While running your equipment 24/7 will give you the best mining results, it will also kill your hardware much quicker. You may want to consider powering down every once in a while.
      • 3 Continue to check your profitability. As you continue mining, check your power bills and computer costs and compare them against the coins you are earning through mining. If you aren't making a profit, you may want to consider selling your equipment to help recoup a potential loss. Use online profit checking tools such as CoinWarz to calculate up-to-the-minute profitability reports. Refer to your power bill to find your exact kW/h price, as well as the amount of power that you use each month.
        • 4Consider solo mining. If you've accumulated some powerful hardware and want to strike it rich, consider leaving your mining pool and mining solo. This should only be considered if you have a lot of experience mining in a pool, have a good grasp on the Litecoin market, and have a serious mining hardware setup (multiple server racks of ASIC miners, ideally in a climate-controlled environment). Make sure to use a profit calculator to ensure that mining solo will make financial sense.