How To Scrypt Mine Litecoin Tutorial – LiteCoin For Beginners – Part 1

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How To Scrypt Mine Litecoin Tutorial – LiteCoin For Beginners – Part 1

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Hello! Thanks for watching my video and I hope you enjoy it. This video answers the question, “What is Litecoin” and “How to mine Litecoin”. I walk you through some background information about Litecoin, the differences between Litecoin and Bitcoin, and finally how to use your computer to mine Litecoin.

Litecoin is the second most popular cryptocurrency in the world. We can configure our computers graphics GPU to mine the currency for us. You can also try using your CPU.

LiteCoin For Beginners On Facebook
https://www.facebook.com/LitecoinForBeginners?ref=hl

LiteCoin For Beginners on Twitter

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Litecoin Wallet: https://litecoin.org/

Pool: http://wemineltc.com/

Mining Software: GUI Miner Scrypt http://guiminer.org/
Alternate download link for GUI Miner: https://github.com/downloads/Kiv/poclbm/guiminer-20121203.exe

AMD SKD: http://developer.amd.com/tools-and-sdks/heterogeneous-computing/amd-accelerated-parallel-processing-app-sdk/downloads/

AMD nVidia Drivers: http://downloads.guru3d.com/download.php?det=2958

Litecoin Pool Pie Chart: https://www.litecoinpool.org/pools

Mining Pool Comparison: https://litecoin.info/Mining_pool_comparison

Thanks for watching and be sure to like, subscribe and comment 🙂

Thanks!

By | 2017-06-15T21:36:01+00:00 June 15th, 2017|Cryptocurrency Trading|50 Comments

50 Comments

  1. Shit Coin June 15, 2017 at 9:38 pm - Reply

    what is bitcoin

  2. ethan fiorelli June 15, 2017 at 9:39 pm - Reply

    "Litecoiners gather on the low plain of expectation, hours turn
    to days and days to weeks as Charles lee makes the long decent down
    mount satoshi holding the two tablets inscribed with the roadmap."

  3. bloks41 June 15, 2017 at 9:40 pm - Reply

    i load with 780 mh/s is this profitable?

  4. Simone J Stogrin June 15, 2017 at 9:40 pm - Reply

    Ok this is odd, my screen says nothing about a new address and it’s 4 years and 29 weeks behind?

  5. SG Alien June 15, 2017 at 9:41 pm - Reply

    does anyone know where to download safe Wales for bitcoin/litecoin/dogecoin and Ethereum.

    also any miners would be great too as every link I find is from years ago

  6. Tamil Many K Thandavan June 15, 2017 at 9:42 pm - Reply

    thanks for the information

  7. SoaringCelery June 15, 2017 at 9:43 pm - Reply

    Will this heavy fuck up my gpu?

  8. galsandorj ts June 15, 2017 at 9:44 pm - Reply

    i want to build 2000 mhash lite coin miner. i need help because i don’t
    know about it and i’m also bit young but i can earn money for start.

  9. Trevor Banks June 15, 2017 at 9:48 pm - Reply

    why does mine say it is 5 years and 3 weeks behind

  10. Recon5382 June 15, 2017 at 9:49 pm - Reply

    rip wemineltc, hope you weren’t effected

  11. Ronaldo F. June 15, 2017 at 9:50 pm - Reply

    Mining Bitcoin and Other currencies free. The best 2017.
    https://minergate.com/a/643152a9f6b2c6a20105eada

  12. Chukwudi Nwamini June 15, 2017 at 9:50 pm - Reply

    More grease to you Mr Jay….I lobe this info

  13. حسام سيف الدين June 15, 2017 at 9:53 pm - Reply

    This message appears when you open the program Please help
    error: specified data directory "D:???? ???? ? (2)?" does not exist

  14. Eduardo De Leon June 15, 2017 at 9:53 pm - Reply

    about this wallet, what happens if my computer crashes or breaks down, do i loose my currency? since i see no logins or anything related.

  15. Kevin Thomas June 15, 2017 at 9:54 pm - Reply

    Are these instructions still relevant in 2017?

  16. P Kikon June 15, 2017 at 9:54 pm - Reply

    Thank you sooooo much. You made it sound so simple and explained it so clearly. Thanks and keep it up

  17. GettinFr0sTii June 15, 2017 at 9:56 pm - Reply

    Would this work if I connected a scrypt litecoin miner through USB to my computer?

  18. kai kai June 15, 2017 at 9:56 pm - Reply

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    http://baglitecoin.com/?r=21598

    каждые 10мин.от 100 LITOSHI до 5000000 + бонус каждые 24часа
    http://boxlite.co.in/sign_in?k=r&r=LPbKgD8twm14frHfk2FY8Ti9DQNyfHPQZB

    каждые 5мин литоши.+ бонус комиссия + до 100% бонус претензии!
    http://moonliteco.in/?ref=255a79dc83d2

  19. A Floyd June 15, 2017 at 9:58 pm - Reply

    is cloud mining same as a pool

  20. 박정우 June 15, 2017 at 9:58 pm - Reply

    i want that system in sell phone but it will take least 2years to get one litecoin or else XD

  21. ScatterCatt June 15, 2017 at 10:01 pm - Reply

    i cant find the "New address" button on the wallet! Help!

  22. Marcel Presset June 15, 2017 at 10:01 pm - Reply

    Hello, i have a question in i use the wallet of Litecoin miner from windows 10, where can i see my balance if i am register in wemineltc? May i use my poloniex wallet? Tank you.

  23. Robert henshaw June 15, 2017 at 10:02 pm - Reply

    gui thing dont work

  24. wwemario12345 June 15, 2017 at 10:05 pm - Reply

    For anyone having trouble: use electrum-ltc for your wallet and use give-me-coins for your pool. We mine ltc isn’t even on the charts anymore and a lot of the other ones are in Chinese

  25. detkorstraykbolgeymer June 15, 2017 at 10:06 pm - Reply

    Good video

  26. mrcoxa June 15, 2017 at 10:06 pm - Reply

    thanks dude!

  27. Alexander Ki June 15, 2017 at 10:07 pm - Reply

    Bullshit my wallet says it will be ready in 5 years i left it overnight and its still the same

  28. SG Alien June 15, 2017 at 10:07 pm - Reply

    all Links say the miner has been deleted?

  29. TheAlexCubed June 15, 2017 at 10:08 pm - Reply

    I use Electrum-LTC very lightweight and faster install.

  30. Yolka Games June 15, 2017 at 10:09 pm - Reply

    Help me please
    My account gets banned and i dont know why.What i need to do,help!!

  31. Spencer Ntow June 15, 2017 at 10:09 pm - Reply

    Am unable to synchronize my litcoin wallet , it tells me there no blocks that i am 5 years 25 week behind. whats the cause please help me .

  32. Володимир Я June 15, 2017 at 10:10 pm - Reply

    sound is too quiet

  33. zaur kerimov June 15, 2017 at 10:13 pm - Reply
  34. Tony Ravioli June 15, 2017 at 10:13 pm - Reply

    Is this tutorial still valid?
    Thx for the awesome upload m8
    instant subs

  35. Recon5382 June 15, 2017 at 10:14 pm - Reply

    does anyone know of a different miner? i cant get guiminer scrypt to work

  36. Dylbobz June 15, 2017 at 10:15 pm - Reply

    200khash/s will make you negative profit

  37. David S June 15, 2017 at 10:15 pm - Reply
  38. Chukwudi Nwamini June 15, 2017 at 10:16 pm - Reply

    I *love

  39. Azzalack June 15, 2017 at 10:17 pm - Reply

    Younever went over NVidia…

  40. Yash Singh June 15, 2017 at 10:21 pm - Reply

    Have an opportunity to join lite coin mining with the whole working and high commission based setup contact yash – 7398242487 (whatsapp)

  41. Earn with Mr.Singh June 15, 2017 at 10:21 pm - Reply

    can i mine litecoin now on my laptop?

  42. Robert Ostman June 15, 2017 at 10:23 pm - Reply

    ok so why are graphics processors used and not cpu processors ???

  43. 박정우 June 15, 2017 at 10:23 pm - Reply

    i want that system in sell phone but it will take least 2years to get one litecoin or else XD

  44. zaur kerimov June 15, 2017 at 10:23 pm - Reply

    кран2016

  45. Abhishek SR June 15, 2017 at 10:24 pm - Reply

    Hi Jay,
    Nice video thanks. can you kindly help in gui miner since the old one has been removed. I want to test mining litecoin using my core i5 laptop

  46. Chukwudi Nwamini June 15, 2017 at 10:24 pm - Reply

    I *love

  47. Upen Upen June 15, 2017 at 10:29 pm - Reply

    Thx bro, make more good video bro !!

  48. YUSEHZ QT June 15, 2017 at 10:30 pm - Reply

    cant get it for find lite coin or farm it it only finds bitcoin

  49. Rafael Sanabria June 15, 2017 at 10:34 pm - Reply

    GUI Miner Scrypt is no longer on there server

  50. Samuel D. June 15, 2017 at 10:35 pm - Reply

    GUIMiner format has changed a bit since this video. Server has to be changed to, "Other" in order for you to put your own HOST, Username, Port, and Password. Also, you can no longer control Thread currency , Vectors, GPU threads, Use stratum, Worksize, Intensity, ect.

    Not sure if they’ve automated these features?

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