NiceHash Miner.Most profitable and easy to use miner ...

New people please read this. [upvote for visibility please]

I am seeing too many new people come and and getting confused. Litecoin wiki isn't the greatest when it comes to summing up things so I will try to do things as best as I can. I will attempt to explain from what I have learned and answer some questions. Hopefully people smarter than me will also chime in. I will keep this post updated as much as I can.
Preface
Litecoin is a type to electronic currency. It is just like Bitcoin but it there are differences. Difference explained here.
If you are starting to mine now chances are that you have missed the Bitcoin mining train. If you really want your time and processing power to not go to waste you should mine LTC because the access to BTC from there is much easier.
Mining. What is it?
Let's get this straight. When making any financial commitment to this be prepared to do it with "throw away" money. Mining is all about the hashrate and is measured in KH/s (KiloHash/sec). Unlike the powerful ASICs (Application Specific Integrated Circuit) that are used to mine bitcoins using hashrates in the GH/s and even TH/s, litecoin mining has only been able to achieve at the very best MH/s. I think the highest I've seen is 130 MH/s so far. Which leads us to our next section.
Mining Hardware
While CPU mining is still a thing it is not as powerful as GPU mining. Your laptop might be able to get 1 a month. However, I encourage you to consult this list first. List of hardware comparison You will find the highest of processors can maybe pull 100 KH/s and if we put this into a litecoin mining calculator it doesn't give us much.
Another reason why you don't want to mine with your CPU is pretty simple. You are going to destroy it.
So this leaves us with GPUs. Over the past few months (and years) the HD 7950 has been the favourite because it drains less power and has a pretty good hashrate. But recently the introduction of the R9 290 (not the x) has changed the game a bit. People are getting 850 KH/s - 900 KH/s with that card. It's crazy.
Should I mine?
Honestly given the current difficulty you can make a solid rig for about $1100 with a hashrate of 1700 KH/s which would give you your investment back in about a month and a half. I am sure people out there can create something for much cheaper. Here is a good example of a setup as suggested by dystopiats
PCPartPicker part list / Price breakdown by merchant / Benchmarks
Type Item Price
CPU AMD Sempron 145 2.8GHz Single-Core Processor $36.01 @ Amazon
Motherboard ASRock 970 EXTREME4 ATX AM3+ Motherboard $99.48 @ OutletPC
Memory Crucial Ballistix Tactical Tracer 4GB (1 x 4GB) DDR3-1866 Memory $59.99 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Video Card Sapphire Radeon HD 7950 3GB Video Card (3-Way CrossFire) $245.38 @ Newegg
Power Supply SeaSonic Platinum 860W 80+ Platinum Certified Fully-Modular ATX Power Supply $146.98 @ SuperBiiz
Total
Prices include shipping, taxes, and discounts when available. $1078.60
Generated by PCPartPicker 2013-11-29 00:52 EST-0500
Estimated Hashrate (with GPU overclocking) : 1900 KH/s
Hardware Fundamentals
CPU - Do you need a powerful CPU? No but make sure it is a decent one. AMD CPUs are cheap to buy right now with tons of power. Feel free to use a Sempron or Celeron depending on what Motherboard you go with.
RAM - Try to get at least 4 GB so as to not run into any trouble. Memory is cheap these days. I am saying 4 GB only because of Windoze. If you are plan to run this on Linux you can even get away with less memory.
HDD Any good ol 7200 RPM hard drive will do. Make sure it is appropriate. No point in buying a 1TB hard drive. Since, this is a newbie's guide I assumed most won't know how to run linux, but incase you do you can get a USB flash drive and run linux from it thus removing the need for hard drive all toghether. (thanks dystopiats)
GPU - Consult the list of hardware of hardware I posted above. Make sure you consider the KH/s/W ratio. To me the 290 is the best option but you can skimp down to 7950 if you like.
PSU - THIS IS BLOODY IMPORTANT. Most modern GPUs are power hungry so please make sure you are well within the limits of your power consumption.
MOTHERBOARD - Ok, so a pretty popular board right now is Gigabyte GA-990FXA-UD3 and the ASRock 970 Extreme4. Some people are even going for Gigabyte GA-990FXA-UD5 and even the mighty Gigabyte GA-990FXA-UD7 because it has more PCI-E slots. 6 to be exact. However you may not need that much. With risers you can get more shoved into less.
PCI-E RISERS - These are called risers. They come in x16 to x16 and x1 to x16 connections. Here is the general rule of thumb. This is very important. Always get a POWERED riser otherwise you will burn a hole in your MoBo. A powered rise as a molex connector so that additional power from PSU can be supplied.
When it comes to hardware I've provided the most basic knowledge you need. Also, take a look at cryptobader's website. This is very helpful. Please visit the mining section of Litecoin Forums and the litecoinmining subreddit for more indepth info.
Mining Software
Now that you have assembled your hardware now you need to get into a pool. But before you do that you need a mining software. There are many different ones but the one that is most popular is cgminer. Download it and make sure you read the README. It is a very robust piece of software. Please read this if you want to know more. (thanks BalzOnYer4Head)
Mining Pools
Now that your hardware and software is ready. I know nothing about solo mining other than the fact that you have to be very lucky and respectable amount of hashing power to decrypt a block. So it is better to join pools. I have been pool hopping for a bit and really liked give-me-coin previously known to the community as give-me-ltc. They have a nice mobile app and 0% pool fees. This is really a personal preference. Take a look at this list and try some yourself.
How do I connect to a pool?
Most pools will give you a tutorial on how to but the basics are as follows:
  • Signup for a pool
  • Create a worker for your account. Usually one worker per rig (Yes people have multiple rigs) is generally a good idea.
  • Create a .run file. Open up notepad and type cgminer.exe -o (address_to_the_miningpool:port_number) -u (yourusername.workername) -p (your_worker_password_if_you_made_one). Then File>Save As>runcgminer.run (Make sure the drop down is set to "All Files" and .txt document.) and save in the same folder as cgminer. That's it.
  • Double click on runcgminer.run (or whatever you named it) and have fun mining.
Mining Profitability
This game is not easy. If it was, practically everyone would be doing it. This is strictly a numbers game and there are calculations available that can help you determine your risk on your investments. 4 variables you need to consider when you are starting to mine:
Hardware cost: The cost of your physical hardware to run this whole operation.
Power: Measured in $/KwH is also known as the operating cost.
Difficulty rate: To put it in layman's terms the increase in difficulty is inversely proportional to amount of coin you can mine. The harder the difficulty the harder it is to mine coin. Right now difficulty is rising at about 18% per 3 days. This can and will change since all you miners are soon going to jump on the band wagon.
Your sanity: I am not going to tell you to keep calm and chive on because quiet frankly that is stupid. What I will tell you not to get too carried away. You will pull you hair out. Seriously.
Next thing you will need is a simple tool. A mining profitability calculator. I have two favourite ones.
coinwarz
I like this one cause it is simple. The fields are self explanatory. Try it.
bitcoinwisdom
I like this one because it is a more real life scenario calculator and more complicated one (not really). It also takes increasing difficulty into account.
Please note: This is the absolute basic info you need. If you have more questions feel free to ask and or google it!
More Below.
submitted by craeyon to litecoin [link] [comments]

[WTS] [New Orleans] [H] 7x GPU Scrypt Mining Rig 3-3.4MH/s [W] PayPal , Bitcoin

Physical timestamp Pics
$2500 if paid with Bitcoin. I'd most preferably take Bitcoin, as that'd result in me giving you the best price possible since theres NO FEES. Don't buy it through eBay, they charge out the rear in fees. If you want to go that route, let's do PayPal. Send me a message!
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=131147816958
I'm pasting the description from eBay:
7 GPU mining rig in a custom aluminum structure that I built. Pushes as much as 3.4MH/s but I'll ship it at about 3+MH/s to give you something reliable to start on.
I URGE you to read my Reddit threads and dig into the comments for a great deal of information about this rig. You may see me mentioning a Semphron 145 processor- that thing was terrible and made the rig unstable so I upgraded it to a AMD FX-6300 6-core 3.5GHz processor and the now rig screams. Massive difference with a high-end processor. Runs games on ultra/max settings, obviously ;)
http://www.reddit.com/litecoinmining/comments/1vmr12/my_wall_mounted_34mhps_7_gpu_rig_i_dont_usually/
http://www.reddit.com/dogemining/comments/1vp6aj/wall_mounted_34mhps_7x_gpu_dogecoin_rig_2x_r9/
I want to throw in a newbish disclaimer. I must impress upon you the fact that this is a mining rig running Linux. If you're not good with computers then mining might not be for you. I don't care if you've upgraded your own RAM or hard drive one time, that means nothing. You need to be proficient with computers to own a mining rig running Linux. Most of the dirty work is done with this rig. It's been running SMOOTH for months now.
I'll ship it to where you can plug it in and it will automatically turn on and start mining in Linux. It will also have Windows installed, but you'll have to do a little legwork getting the drivers installed to run all 7 video cards- I wasn't interested in Windows mining so I didn't bother getting the 7th going- I got 6 video cards mining in Windows. The drivers have come out to make all 7 work but like I said- Linux mining works fine for me.
As with any rig, we're pushing these cards to the limit. You'll have to check on the rig periodically to make sure cgminer is not reporting any SICK/DEAD cards. That's normal, as with any mining rig the cards can hang or overheat and protect themselves by shutting off. You'd still be mining on all the other cards, only that one card drops offline. All mining rigs do this when you're pushing max hashrate.
I like to use the Belkin WeMo to remotely monitor my wattage, if it drops below a threshold I know I've got a dropped card and I can reset the rig remotely, it automatically boots back up and starts mining again. There's other options like CGwatcher that are pretty slick, but I've found what works for me and I'll stick to it.
It can be run fairly quiet. I ran it with no external cooling fans for a while successfully at about 3.2MH/s. I since threw some fans back on it since I don't like keeping the AC on all day and its warming up outside. Fans are included.
I offer support. I want to see my creation keep digging for a long time, that said I'll support you in getting it started back up in its new home. Check my Reddit threads for references, I know damned well what I'm talking about and I'll see to it that you get up and running.
I'm not accepting returns on this rig. Its sold as-is. Because these are sensitive electronic components, I can't be responsible for your damaging it. Its a tough well built rig, I assure you. It will work 100% when I shut it down, it should work 100% when you receive it.
Before buying or bidding I HIGHLY SUGGEST you drop me a message so we can sort out the details and make sure that this is the right rig for you!
I did the parts breakdown up on PC parts picker and it came up pretty fair. Note that their price does not include assembly labor, setup and tuning, or love and affection :)
PCPartPicker part list / Price breakdown by merchant / Benchmarks
Type Item Price
CPU AMD FX-6300 3.5GHz 6-Core Processor $109.99 @ Amazon
Motherboard Asus M5A97 LE R2.0 ATX AM3+ Motherboard $74.97 @ OutletPC
Memory G.Skill Ripjaws X Series 8GB (2 x 4GB) DDR3-2133 Memory $35.00
Storage Western Digital Scorpio Blue 120GB 2.5" 5400RPM Internal Hard Drive $109.95 @ Newegg
Video Card XFX Radeon HD 7850 1GB Video Card (2-Way CrossFire) $189.98 @ SuperBiiz
Video Card XFX Radeon HD 7850 1GB Video Card (2-Way CrossFire) $189.98 @ SuperBiiz
Power Supply Rosewill Lightning 1300W 80+ Gold Certified Semi-Modular ATX Power Supply $249.99 @ Amazon
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Keyboard Rosewill RK-100 Wired Standard Keyboard $7.99 @ Amazon
Other HP KY619AA#ABA Black 3 Buttons 1 x Wheel USB Wired Optical 1000 dpi Mouse $11.99
Other Custom Aluminum Enclosure $120.00
Other 1x4 1x PCIexpress Riser Adapter $78.75
Other 1x 16x Powered Riser $8.88
Other 1x 16x Powered Riser $8.88
Other 16x 16x Powered Riser $14.00
Other 16x 16x Powered Riser $14.00
Other 2x GIGABYTE GV-R928XOC-3GD REV2 Radeon R9 280X 3GB Video Card $678.00
Other 3x XFX AMD Radeon HD 7850 Core Edition 1GB Video Card $570.00
Total
Prices include shipping, taxes, and discounts when available. $2542.75
Generated by PCPartPicker 2014-03-22 21:03 EDT-0400
submitted by relliMmoT to CryptoHardware [link] [comments]

[WTS] [New Orleans] [H] 7x GPU Scrypt Mining Rig 3-3.4MH/s [W] PayPal , Bitcoin

Physical timestamp Pics
$2500 if paid with Bitcoin. I'd most preferably take Bitcoin, as that'd result in me giving you the best price possible since theres NO FEES. Don't buy it through eBay, they charge out the rear in fees. If you want to go that route, let's do PayPal. Send me a message!
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=131147816958
I'm pasting the description from eBay:
7 GPU mining rig in a custom aluminum structure that I built. Pushes as much as 3.4MH/s but I'll ship it at about 3+MH/s to give you something reliable to start on.
I URGE you to read my Reddit threads and dig into the comments for a great deal of information about this rig. You may see me mentioning a Semphron 145 processor- that thing was terrible and made the rig unstable so I upgraded it to a AMD FX-6300 6-core 3.5GHz processor and the now rig screams. Massive difference with a high-end processor. Runs games on ultra/max settings, obviously ;)
http://www.reddit.com/litecoinmining/comments/1vmr12/my_wall_mounted_34mhps_7_gpu_rig_i_dont_usually/
http://www.reddit.com/dogemining/comments/1vp6aj/wall_mounted_34mhps_7x_gpu_dogecoin_rig_2x_r9/
I want to throw in a newbish disclaimer. I must impress upon you the fact that this is a mining rig running Linux. If you're not good with computers then mining might not be for you. I don't care if you've upgraded your own RAM or hard drive one time, that means nothing. You need to be proficient with computers to own a mining rig running Linux. Most of the dirty work is done with this rig. It's been running SMOOTH for months now.
I'll ship it to where you can plug it in and it will automatically turn on and start mining in Linux. It will also have Windows installed, but you'll have to do a little legwork getting the drivers installed to run all 7 video cards- I wasn't interested in Windows mining so I didn't bother getting the 7th going- I got 6 video cards mining in Windows. The drivers have come out to make all 7 work but like I said- Linux mining works fine for me.
As with any rig, we're pushing these cards to the limit. You'll have to check on the rig periodically to make sure cgminer is not reporting any SICK/DEAD cards. That's normal, as with any mining rig the cards can hang or overheat and protect themselves by shutting off. You'd still be mining on all the other cards, only that one card drops offline. All mining rigs do this when you're pushing max hashrate.
I like to use the Belkin WeMo to remotely monitor my wattage, if it drops below a threshold I know I've got a dropped card and I can reset the rig remotely, it automatically boots back up and starts mining again. There's other options like CGwatcher that are pretty slick, but I've found what works for me and I'll stick to it.
It can be run fairly quiet. I ran it with no external cooling fans for a while successfully at about 3.2MH/s. I since threw some fans back on it since I don't like keeping the AC on all day and its warming up outside. Fans are included.
I offer support. I want to see my creation keep digging for a long time, that said I'll support you in getting it started back up in its new home. Check my Reddit threads for references, I know damned well what I'm talking about and I'll see to it that you get up and running.
I'm not accepting returns on this rig. Its sold as-is. Because these are sensitive electronic components, I can't be responsible for your damaging it. Its a tough well built rig, I assure you. It will work 100% when I shut it down, it should work 100% when you receive it.
Before buying or bidding I HIGHLY SUGGEST you drop me a message so we can sort out the details and make sure that this is the right rig for you!
I did the parts breakdown up on PC parts picker and it came up pretty fair. Note that their price does not include assembly labor, setup and tuning, or love and affection :)
PCPartPicker part list / Price breakdown by merchant / Benchmarks
Type Item Price
CPU AMD FX-6300 3.5GHz 6-Core Processor $109.99 @ Amazon
Motherboard Asus M5A97 LE R2.0 ATX AM3+ Motherboard $74.97 @ OutletPC
Memory G.Skill Ripjaws X Series 8GB (2 x 4GB) DDR3-2133 Memory $35.00
Storage Western Digital Scorpio Blue 120GB 2.5" 5400RPM Internal Hard Drive $109.95 @ Newegg
Video Card XFX Radeon HD 7850 1GB Video Card (2-Way CrossFire) $189.98 @ SuperBiiz
Video Card XFX Radeon HD 7850 1GB Video Card (2-Way CrossFire) $189.98 @ SuperBiiz
Power Supply Rosewill Lightning 1300W 80+ Gold Certified Semi-Modular ATX Power Supply $249.99 @ Amazon
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RCA-220-BL 110.0 CFM 220mm Fan $9.99 @ Newegg
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Case Fan Rosewill RFA-120-K 74.5 CFM 120mm Fan $7.61 @ Amazon
Keyboard Rosewill RK-100 Wired Standard Keyboard $7.99 @ Amazon
Other HP KY619AA#ABA Black 3 Buttons 1 x Wheel USB Wired Optical 1000 dpi Mouse $11.99
Other Custom Aluminum Enclosure $120.00
Other 1x4 1x PCIexpress Riser Adapter $78.75
Other 1x 16x Powered Riser $8.88
Other 1x 16x Powered Riser $8.88
Other 16x 16x Powered Riser $14.00
Other 16x 16x Powered Riser $14.00
Other 2x GIGABYTE GV-R928XOC-3GD REV2 Radeon R9 280X 3GB Video Card $678.00
Other 3x XFX AMD Radeon HD 7850 Core Edition 1GB Video Card $570.00
Total
Prices include shipping, taxes, and discounts when available. $2542.75
Generated by PCPartPicker 2014-03-22 21:03 EDT-0400
submitted by relliMmoT to ltcmarket [link] [comments]

RX560 & Ryzen 1700 Mining Hashrate Benchmark - Best Current Value? + Tails Vosk BarkBox Cgminer Scrypt Mining Tuning (Overclocking) GPU Raise Hashrate Tutorial (Litecoin, Feathercoin, etc) Cgminer mining duel layer 5x 7950 2.7MH+ cheap LTC litecoin rig Mining LiteCoin with GPU use cgminer-LTC - YouTube How to start CPU and GPU Bitcoin mining Fast bitcoin mining

dashboard devices benchmark plugins. Simple dashboard gives you a quick overview of the most important information. You start mining with only one click! Are you operating a mining farm? NiceHash OS - a FREE mining operating system for unlimited number of rigs! learn more about NHOS. Available for. MacOs. Windows. Linux. COMPLETE REMOTE CONTROL Manage your rigs with Rig Manager. Control your ... There is no more need to go through all of the algorithms one by one and record the returned results, all you have to do is run ccminer.exe --benchmark and the miner will go through all of the algorithms automatically and print out the hashrate you get with your particular Nvidia GPU. It can work with single and multiple GPUs in the system, but if you have more than one and you do not specify ... GPU 0: This is the HD 7790 GPU 1: This is the R9 280x. When I run the cgminer both GPU's appear and both are enabled but only the R9 280x is mining. The temperature doesn't appear for either of the GPU's. I am running ubuntu 13.10 headless so I can't run two different cgminer scripts instances in two separate terminal windows as far as I know ... CGMiner (NoDevFee) — The most popular miner for GPU / FPGA / ASIC, in this version of the miner, the commission of the developer is completely disabled. CGminer is an open source GPU miner written in C and available on several platforms such as Windows, Linux, and OS X. One of the things that make it extremely popular is that it is based on the original Cpu code. 3. Best Bitcoin mining software CGminer. Pros: Supports GPU/FPGA/ASIC mining, Popular (frequently updated). Cons: Textual interface. Platforms: Windows, Mac, Linux Going strong for many years, CGminer is still one of the most popular GPU/FPGA/ASIC mining software available. CGminer is a command line application written in C. It’s also cross platform, meaning you can use it with Windows ...

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RX560 & Ryzen 1700 Mining Hashrate Benchmark - Best Current Value? + Tails Vosk BarkBox

Is the AMD RX560 4gb the best current value as far as graphics cards that are readily available / is it possibly just one of the best bang for buck mining GPU's out. . period? Ryzen 1700 puts out ... In this video I show you how to start mining Bitcoins with CGMiner and an account at your favorite miningpool. Get CGMiner at: https://bitcointalk.org/index.... How To Mining Bitcoin From CPU And GPU By Nicehash.com - Duration: 11:16. Little Life 6,777 ... GTX 1060 6GB Mining Benchmark - Over Clocked & Under Volted - Duration: 11:15. IMineBlocks ... Litecoin Mining Tutorial - BFGMINER - MSI HD7870. Edit the batch file and change it to bfgminer - o and not ./cgminer or cgminer - o. HOW TO MINE BITCOIN CASH (BCH) WITH CGMINER AMD AND NVIDIA GPU twin fiter. Loading... Unsubscribe from twin fiter? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe. Loading ...

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