Topics


Stratum Configuration (Advanced Miners)

stratum+tcp://ltc.coinfoundry.org:3042 ASIC Mining

Login using your wallet address as username. An optional workername can be appended to your address separated by a dot character. Leave the password blank.

Example: <WALLET ADDRESS>.<WORKER>


CPU and GPU Mining

At the current network difficulty - which will only increase over time - mining Litecoin using CPUs or GPUs is no longer feasible. Even with free electricity the profits are so small that they are hardly worth the effort.


Antminer L3+ ASIC Mining

Antminer Setup

  • Navigate to the "Miner Configuration Tab" inside the Antminer's web-interface and enter stratum+tcp://ltc.coinfoundry.org:3042 as the Url for Pool 1.
  • Now enter your Litecoin address in the "Worker" field of the first pool. If you don't know your Litecoin wallet address, read this section first.
  • If you are mining on multiple machines/rigs, you can append an identifier of your choice to your wallet address seperated by a dot to make it easier to distinguish between your rigs when evaluating your results. Example: <WALLET ADDRESS>.<OPTIONAL WORKERNAME>
  • Click "Save"
  • You are now good to go to start mining

Getting a Wallet

Before you can start to mine you need to create a wallet. Although Litecoin is a digital asset, you still need a place to store them. This is done in a digital wallet. There are multiple methods to obtain a wallet which vary by ease of use and the security they provide.

Exodus Wallet

Exodus Wallet

Exodus is the a desktop multi-asset wallet with built in ShapeShift support for converting between crypto-currencies. The application is comfortable to use available for Windows, macOS and Linux. One of the best features of this multi-currency wallet the client-side encryption of your private keys which means you stay in full control of your keys which never leave your machine in unencrypted form.

Hardware Wallets

Trezor

A hardware wallet is a special type of wallet which stores the user's private keys in a secure hardware device. Hardware wallets offer robust safety features for storing cryptographic assets and securing digital payments. Popular hardware wallets are the Ledger Nano S and the Trezor.

LiteVault

Another possibility is to create a wallet at LiteVault. Please make sure to immediately backup your wallet keys after creating a wallet. We recommend using a password store such as KeePass or 1Password for that.

Paper Wallets

For long-term storage of Litecoin you can create a paper wallet. A paper wallet is extremely secure if you guard your private key by storing it in a password vault such as KeePass or LastPass or printing it out and depositing the sheet in a real bank vault.

Registering with an exchange

There are multiple digital currency exchanges you can register with. Registering with an exchange allows you to create a wallet on the exchange for every currency the exchange supports. Registering with an exchange is probably the most convenient way to obtain a wallet. Unfortunately it is also the least secure one. Exchanges have been hacked in the past!

Popular exchanges supporting Litecoin are: Bittrex, Poloniex, Kraken, Bitfinex and HitBTC.

Miners 75
Hashrate 119.94 GH/s
Network Hashrate 272.86 TH/s
Network Difficulty 698.6 G
Algorithm Scrypt
Block Effort 90%
Difficulty/Port
4096 3042
Payment System PPLNS
Fee 0.75%
Minimum Payout 0.1 LTC
Miner Earnings 631.79 LTC
Pool Wallet LNDA11u4HWzbJaBGiHDvs6SmA8M6avB3wH
LTC-USD $133.50
LTC-EUR €113.38
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