How to dig the Wright coin

1.

According to the current difficulty calculation, we can dig about 1.012 Laite coins a day. This is the average calculation result in the mine pool. If there is an efficient mine pool or solo, maybe more

litecoin (abbreviated as LTC, currency symbol: 321;) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world

lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places

design purpose

it is based on bitcoin protocol, but it is different from bitcoin in that even at the present stage, it can efficiently "mine" through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units

one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin

related website community

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official website of litecoin

official forum of litecoin

lightcoin China community

transactions

a peer-to-peer network similar to bitcoin handles lightcoin transactions, balances, and issues through a script workload proof scheme (when a sufficiently small hash value is found, the, A block will be created, and the lightcoin will be issued. The process of discovering the hash value and creating the block is called "mining"). The issuing rate of Leyte coins is reced by half every four years (every 840000 pieces) according to the proportional sequence, and finally the total number of LTCs is 84 million. Unlike bitcoin, the memory intensive feature of script makes it more suitable for "mining" with graphics processor (GPU). FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are more expensive than sha256 used for bitcoin

currently, lightcoin can exchange legal tender and bitcoin, most of which are through online trading platforms. Revocable transactions (such as credit card transactions) are generally not used to purchase Leyte, because Leyte transactions are irreversible, which brings the risk of refund. As of April 25, 2013, a Leyte is worth about $3.97 or 0.028 bitcoin. This makes Leyte the second largest electronic currency with a market value of about $35 million

client

litecain is a free software project released under MIT / X11 license, which allows you to run, modify and the software according to your own needs. You can also release a modified version of the software if you like

the software is released in a completely transparent form, and users can independently verify the binary version and the corresponding source code

mine pool

the lightcoin is generated by "miner's mining". Mining is done by hashing with computer graphics card. If the value of "mine burst" is calculated, the system will reward 50 lightcoins at one time. At present, the computing power of lightcoin is growing rapidly, and the miner can't find the mine through several computers. Therefore, it is necessary to join the mine pool, which collects all the computing power, It is estimated that the probability of calculating the "blasting" value is higher

at present, the well-known mine pools include BTCC (original bitcoin China) mine pool, waltc.net fish pool (f2pool), wemineltc, coinotron, silverfish, liteguardian, litecoin pool.org, etc. But at present, the highest income is f2pool. Recently, it launched lightcoin theory income + 10% of mine pool subsidy = your actual income, which has attracted the attention of many miners and the instry

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the world's main active countries, the exchange rate of digital currency <

symbol

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lightcoin

LTC

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coblee

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litecoin / org

~ $3.6 billion

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script

data block chain

litecoin block chain, compared with its competitor bitcoin, can handle larger transaction volume. Due to the more frequent generation of data blocks, the network can support more transactions without modifying the software in the future
as a result, businesses can obtain faster transaction confirmation, and they can still wait for more transaction confirmation when they sell large value procts

In fact, digital virtual currency is far from the above. Forbes magazine listed the top 30 virtual currencies in the market by their total market value and price as of 10:00 a.m. local time on the 27th. Caijing.com and venture capital Post said that there are at least 60 kinds of virtual currencies currently traded According to the Forbes report, bitcoin ranked first in market value and unit price. It was the lightcoin designed by Li Qiwei, a former Google programmer, that won "erlianya". In the past week up to the 27th, the price of lightcoin rose rapidly from $6 to $26, a considerable increase. The third to fifth place in the total market value are spot money, nominal money and prime money. The report counted the 24-hour gains as of the 27th. Almost all of the 30 currencies rose, with the biggest increase of the quark currency, reaching 278.55%. The report also said that almost all virtual currencies have taken a ride in the current round of bitcoin's rise, but most of them have poor business, with 8 companies with a total market value of less than $1 million and 19 companies with a unit price of less than $1

2. (1) Download the wallet software, install it, and close the wallet software after synchronizing data
(2) click system "start", "run", enter% appdata% in it, and then click OK (WIN XP and win7 systems both operate in this way), or press "win" key and "R" key at the same time to open the running interface
(3) after confirming the second step, open a file manager and display the interface as shown in the figure below. Find the folder named after the currency, litecoin. The data corresponding to the wallet software are all in this folder. Double click to open this folder
(4) configure the. Conf file
at the beginning, enter Notepad to confirm and open Notepad software, Input the following contents in it: ( the following code directly)
rpcuser = Test
rpcpassword = Test
rpcport = 11095
daemon = 1
server = 1
Gen = 0
testnet = 0
Listen = 0
maxconnections = 100
rpcallowip = 10.255.16. *

rpcuser, rpcpassword and rpcport can be modified or not, Rpcallowip needs to be modified according to your own situation. If your miner and wallet software are on the same machine, delete the line rpcallowip
after the file is modified, save it to the previous litecain directory with the file name of litecain.conf, or save it to the desktop, and then it
take the mining software cgminer as an example, modify the IP address of the pools part in the cgminer.conf file
URL part to the IP address of the machine where your wallet is located. Port 11095 is the port configured in litecain.conf just now. User and pass are the same, just keep consistent with the above configuration file< In addition, it is suggested to modify the values of the other two parameters as follows:
& quot; queue" : & quot; 0",< br />" scan-time" : & quot; 1",
after setting, run cgminer to start mining....

3. Litecoin is a kind of network currency based on "peer-to-peer" technology, which can help users pay to anyone in the world immediately
at present, lightcoin is the second virtual currency after bitcoin in global circulation market value. The legends of bitcoin, Wright silver, infinite copper and pennies aluminum (Internet) are popular in the circle
the popular digital currencies in 2013 include bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole coin, barbecue coin and prime currency. At present, hundreds of digital currencies are issued all over the world
litecoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of litecoin is based on an open source encryption protocol and is not managed by any central authority. Litecoin aims to improve bitcoin. Compared with bitcoin, litecoin has three significant differences. First, the liteoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the output of litecoin network is expected to be 84 million litecoin, which is four times the amount of currency issued by bitcoin network. Thirdly, in its workload proof algorithm, litecoin uses the scrypt encryption algorithm first proposed by Colin Percival, which makes it easier to mine litecoin on ordinary computers than bitcoin. Each litecain is divided into 100000000 smaller units, defined by eight decimal places
lightcoin is generated by "miner's mining". Mining is done by hashing with computer graphics card. If the value of "mine explosion" is calculated, the system will reward 50 lightcoin at one time. At present, the computing power of lightcoin is growing rapidly, and miner can't dig mine through several computers. Therefore, it is necessary to join the mine pool, which collects all the computing power, It is estimated that the probability of calculating the "blasting" value is higher
at present, the well-known ore pools abroad include wemineltc, coinotron, etc

4. Compared with bitcoin mining, lightcoin mining is relatively easy. Because the difficulty of mining is relatively low. But at present, lightcoin mining has graally entered the era of ASIC miner competition. The computing power is constantly rising, and the computing power of large mines is approaching 51%. If you want to carry out lightcoin mining, you must buy professional ASIC lightcoin miner. However, the price of lightcoin miner is generally too high, and there will be more ASIC lightcoin miner with high computing power in the future, Computing power is not constantly pushing up. This is the same as the era of bitcoin ASIC miner last year. Last year, Avalon miner was born, which completely subverted the bitcoin mining instry. With the help of roast cat, the computing power suddenly increased, and the graphics card mining completely went out of people's sight. Although there are many bitcoin ASIC mining machines, Avalon mining machine has always been unique and constantly launched its own new procts.

5. Domestic bitcoin baby, hengchi created by a financial channel host, is a Laite coin mine. You can try it. You can consult customer service if you don't understand. Also, it's not cost-effective to dig Wright's coin now. Lightcoin has been stinked by miner. Now the computing power of Leyte coin is also very high. If you just dig with your computer, it's OK. It's hard to dig. You can only smash the electricity bill. It is suggested that you go to bitcoin home to see the latest news and learn some basic mining principles. The difficulty of mining increases and you should decide whether to mine or not.

6. There are mining machines supporting their own algorithms, which can be plugged in and connected to the Internet.

7. 1. Mining
2. Buying.

8.

If you only need two steps in Linux system, you can mine under Linux system:

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open the website, enter the mobile phone number, select how many CPUs you want to use to mine, the default is to use 50% of the CPU to mine, click to generate your exclusive command and

is such a simple operation