![]() Step 1: Download the Litecoin Wallet from There is risk in the wallet you choose, risk in the mining pool, risk in the hardware and software, risk in the exchange you trade it on. NOTE: There is a risk involved in mining. However, even if you’ve never used the command line before, we’ll tell you exactly what you need to type to start mining! Since we’ll be entering commands on the terminal, experience with Mac’s command line will be helpful. In addition to downloading the necessary software, you’ll also need to connect to your mining pool and the Litecoin network.įor this tutorial, you don’t need any prior experience or tech skills. This tutorial was made running OSX High Sierra on a 2017 MacBook Pro. ![]() A Mac Desktop (or a MacBook) running OSX.By the end of this tutorial, you will be a cryptocurrency user! Before you Start No matter what your level of experience and tech know-how, we’re going to get you mining Litecoin from your Mac in 30 minutes. We at CryptoCurrencyFacts want to debunk that myth right now. One of the biggest barriers for people to get started with cryptocurrency is the idea that it’s too hard for the average person. How to Mine CryptoCurrency in 30 Minutes or Less (Litecoin on OSX): Introduction So the guide is helpful no matter what your reasons for Litecoin mining are. The process of mining with an ASIC rig is essentially the same as the process for mining with a consumer CPU/GPU. This page is aimed at hobbyists, those who want to try mining out, and those who want to understand the basics of Litecoin mining. With that said, this page isn’t just aimed at those who are looking to profit from mining. For example, in early 2018, the Antminer 元+. To make a profit, you need something like a new Antminer Litcoin ASIC-based rig. TIP: Mining Litecoin with a CPU/GPU is not profitable even if you have free electricity as will tell you if you want to join their operation. You can read more about the basics of mining here. What is cryptocurrency mining? It’s less Minecraft and more setting up your computer to confirm cryptocurrency transactions. ![]() Coins your worker mines are collected in your mining pool account and can be sent to your wallet via the mining pool account too. This tells the mining software to start and tells your worker to be the one mining. Step 5: Write a simple command line in terminal. ![]() This allows your computer to mine cryptocurrency. Step 4: Install CPUminer software to get your computer mining. Step 3: Create a worker bot to mine for you. This lets you pool mining power with other users, create “workers” to mine for you, and offers a way to get paid for mining. This lets you receive and transfer funds. Step 1: Get a Litecoin wallet (we suggest Litecoin Core). All referral links are checked regularly. Our referral partner,, provides referral links for exchanges prohibited in the US. Trade Bitcoin for Free, use leverage, and get all current welcome bonuses at Bybit with referral code CCFsignup. Save 10% on BitMEX Fees with referral code 7rnV63. Save 20% on OKX Fees with referral code CCFACTS. Get $10 free when you sign up for Bittrex with referral code ZLW-SG3-HUE. Save up to 10% on fees at GMX with referral code CCFacts. Get $10 in Bitcoin after you buy or sell $100 with our Coinbase referral link. See a review of the Binance referral program. You can also save an additional 25% by using BNB to trade. Save 10% on Binance Trading Fees with referral code IX44CLLS: Use our referral link to sign up for Binance and save 10% on trading fees for life. Binance has staking and offers a high APY! Plus get a $10 welcome bonus and 25% off trading fees by using BNB to trade. Trade Bitcoin For Free at Binance.US with our Referral Link: Trade Bitcoin for free for a limited time on Binance.US.
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