Litecoin, referred to as: LTC, is a decentralized digital currency and one of the early digital currencies. The current market capitalization ranks among the top 10 in the digital currency market cap list.
Litecoin uses the Scrypt algorithm to mine and supports ASIC mining. (The graphics card and CPU mining LTC computing power is too low and has been eliminated.) Common ASIC mining machines that support LTC mining include the ants L3 +, L3 ++, and Core Motion A4, A4 +, A6, Fansi X6, etc.
First, get the wallet address
Exchanges: Binance, Huobi, etc.
Register the exchange and find the LTC deposit to get the LTC wallet address.
Note: The regulatory policies of exchanges in different countries are not uniform, and the relevant risks are borne by the miners themselves.
Litecoin Core Wallet:
Full node wallets take up a lot of hard disk space. If hard disk space is insufficient, you can use an exchange or other third-party wallets.
After obtaining the LTC wallet address, visit Yuchi’s official website www.f2pool.com and complete the registration. Follow the prompts in Account Settings-Payment Settings to complete the binding and activation of the wallet address.Click to see detailed account registration and wallet address binding tutorial.
Currently, you can get Dogecoin DOGE with a 1: 2000 ratio. You can get a Dogecoin recharge address from an exchange such as Gate, log in to a fish pond account, bind the Dogecoin wallet address in the payment settings and activate .
The second step is to set the mining parameters and start mining
Enter the miner’s IP address in the browser’s address bar, enter the miner’s background, or use the batch management software provided by the miner official to set the following information:
Pool / URL: stratum + tcp: //ltc.f2pool.com: 8888
User / Worker: f2pool username. Miner number (filled here is f2pool user name, not wallet address, if you do not have a f2pool account, you can register and visit the official website www.f2pool.com. User name and miner number use English period “.” Separated; miner number is custom and can be a combination of numbers or letters)
Password: Set at will, such as abc123
After checking the above information is correct, save the settings, and after a while the miner starts running, you can enjoy the benefits.
You can fill in the mining information of Pool 2 and Pool 3 by referring to the above method. These two parts serve as backup mining pools. When there is a problem with the connection between the mining machine and Pool 1, it will automatically switch to Pool 2 or Pool 3.
LTC backup mining pool list
stratum + tcp: //ltc.f2pool.com: 5200
stratum + tcp: //ltc.f2pool.com: 3335
stratum + tcp: //ltc.f2pool.com: 8888
stratum + tcp: //ltc-us.f2pool.com: 5200
stratum + tcp: //ltc-us.f2pool.com: 3335
stratum + tcp: //ltc-us.f2pool.com: 8888
stratum + tcp: //ltc-eu.f2pool.com: 5200
stratum + tcp: //ltc-eu.f2pool.com: 3335
stratum + tcp: //ltc-eu.f2pool.com: 8888
Third, the mining machine monitoring and income viewing
After the machine has been running for a while and submitted data to the mining pool, you can view the mining machine’s operating status and profit situation. You can log in to the F2Pool fish pond (https://www.f2pool.com) official website, and view it on homepage and miner management page Revenue situation and status of the miner.
You can also use the F2Pool App (click to download), you can view after logging in.
If you have questions about LTC mining and need help, you can add F2Pool QQ group, F2Pool official LTC communication QQ group: 714226574.