#Cgminer usb device selection mac os x#
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Once you’ve got your mining pool information filled in, click Start Mining to get started. You can use or any number of alternatives. Using P2Pool mining pools is fairly popular with Litecoin. For the Server, Port, Username and Password, enter your mining pool information. It is only used if the mining pool doesn’t support long-polling, which is rarely the case these days. Set the Threads value to the number of cores you have (double that if you have Hyper-threading). Skip down a couple of paragraphs for details on mining from the command-line. UPDATE: The Mining tab has been removed from the Lightcoin-QT wallet. This makes it possible to use the pooled miner from within the Litecoin wallet. Once you’ve downloaded and extracted the cpuminer binary, called minerd, place it alongside the Litecoin-QT app in your Applications folder.

#Cgminer usb device selection download#

You can download the OS X binary for this cpuminer fork directly from the project’s GitHub downloads ( 32-bit, 64-bit). These days it’s been replaced in the Bitcoin world by cgminer and bfgminer, and is used in the Litecoin world for CPU mining. The cpuminer project was originally a CPU miner for both Bitcoin and then for Litecoin, when CPU mining for Bitcoin was still sensible. The download is from a project called cpuminer. While the Litecoin wallet has built in support for solo mining, pooled mining requires another download (see my first article for a brief overview of mining pools). The same thing goes for your Bitcoin wallet.Īs stated above, the Litecoin wallet UI is capable of showing and controlling mining. Second, double-check that the encryption phrase you’ve recorded is correct and works before you start making deposits. However, as Litecoin CPU mining is generally done within the wallet application (though it can be done at the command-line), I want to make two things clear.

#Cgminer usb device selection series#

Now, I didn’t cover wallet setup in my Bitcoin series as it was outside the scope of mining. Download the DMG file and drag the Litecoin-QT app to your Applications folder. With the Litecoin wallet you can actually mine from within the UI. To get started with Litecoin mining on OS X, download the official Litecoin wallet application – Litecoin-QT – from the Litecoin website. If you’re interested in harnessing your GPU’s power to mine Litecoins rather than Bitcoins, a future article will cover that topic.

#Cgminer usb device selection mac os x#

This article will cover how you can use Mac OS X to mine Litecoins using your CPU. One popular setup seems to be using your GPU’s to mine Bitcoins and use spare CPU power to mine Litecoins.

You can also use your GPU to mine Litecoins, which gives me a 5x performance boost over CPU mining. This means that, for the time being, mining Litecoins using your CPU (which is no longer profitable with Bitcoin) is still possible. While SHA-256 benefits from massive, parallel processing, Scrypt is built to be very memory-intensive. Proponents also argue that, by basing the proof-of-work on Scrypt rather than SHA-256, Litecoin mining will remain in the realm of consumer hardware, rather than limited to mining-specific hardware (like Bitcoin with FPGA’s and ASIC’s). Proponents of Litecoin argue that Litecoin should be regarded as silver to Bitcoin’s gold: easier and faster to transact smaller amounts. Litecoin is setup to produce 84 million Litecoins, versus Bitcoin’s 21 million target.Blocks are approved four times faster than Bitcoin blocks.The hashing algorithm uses is Scrypt rather than SHA-256.What is Litecoin you may ask? Litecoin is a fork of the Bitcoin project with three important changes: While Bitcoin has been getting the lion’s share of media attention lately with its recent bubbles and crashes and growing adoption, Litecoin has been slowly growing in popularity among alternative crypto-currencies (known as altcoins). This series will focus on mining Litecoins. My previous series of articles on crypto-currency covered Bitcoin mining on OS X.