Compile and install CPUminer on Linux CentOS Scrypt based crypto-currencies unlike Bitcoin’s SHA-256 is more reliant on memory, not processing efficiency. That is the reason those specialized hardwares developed for Bitcoin mining will not work with Litecoin and making CPU mining more effective. This is a simple tutorial on the steps to compile and Continue reading “Compile and install CPUminer on Linux CentOS”
Tag Archives: scrypt
Litecoin Mining : Optimal thread concurrency for CGMiner
Litecoin Mining : Optimal thread concurrency for CGMiner Litecoin is based off the ever growing Bitcoin that uses an alternative memory hard hashing algorithm called Scrypt. Basically, it is a digital currency with no central authority. Transactions are confirmed on the network of users that employ it, and awarded with Litecoins for work done, which Continue reading “Litecoin Mining : Optimal thread concurrency for CGMiner”
Litecoin mining Tips, which you should know
Litecoin mining Tips, which you should know With crypto-currencies reaching the media and the price spike of as much as 400 percent last month, a lot of attention has been focused on this digital currency. If by any chance you are still wondering what is this Bitcoin and Litecoin that attracts so many, it is Continue reading “Litecoin mining Tips, which you should know”