I've tried everything from mining bitcoin to litecoin to other altcoins…why do I have no luck?

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I am a beginner in the blossoming culture of crypto-currency, and unfortunately, it's beginning to feel as if 2015 is too late of a year for a laptop-user such as I to be able to start mining.

I'm running an Intel HD Graphics 4000 GPU, and an Intel Core i5-3230M CPU at 2.6 GHz. No, I do not have an ASIC, but I figured I'd at least be able to scratch out a few cents per month with what I have, not taking into account electricity or what not.

Immediately upon beginning to mine Bitcoin (BTC) using Slush's pool, which when I tried to mine was actually the newly updated stratum server 'bitcoin.cz'. I only got a hash rate of about 2-12 Mh/s, and the pool did not even recognize that the worker I had registered was mining. I have heard of people with relatively similar specs getting a rate of even 100 Mh/s, but I figured that this was just an issue of Bitcoin's colossal difficulty at this point of its lifetime.

So, I then looked into Litecoin (LTC). This time, my GPU...

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Who isn’t curious about Bitcoin, the virtual currency whose origin story is rife with underground marketplaces, instant millionaires, and massive scams? And the best way to learn more is to start participating yourself.

Sure, you could hit up an exchange and drop four hundred dollars or more on a single bitcoin, but you can also get in for free by mining the coins yourself. Bitcoin has become too hard for regular people to mine, but the world of bitcoin-like “altcoins” is still wide-open to hobbyist miners. Here's everything you need to know to get started mining altcoins.

What is an altcoin?

This article assumes you’ve at least heard of Bitcoin, but you might not have heard of altcoins. “Altcoin” is a catch-all term for cryptocurrencies based on the Bitcoin system, which aren’t actually Bitcoin. Because Bitcoin is open-source software, anyone with some development experience can copy it and create their own currency.

Of course, like Bitcoin, the value...

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Well after several months of waiting for parts to arrive, and re planning when things didn't fit as I had envisioned. I have finally put pen to paper and here is my build.

Components: Asus X99 Deluxe motherboard, Intel 5930K cpu, Kingston DDR4 ram, Samsung 950 Pro, Asus GTX 970 Strix, W/Digital 4Tb HDD.

Cooling: EK 420 Rad, Eisbecher 250mm Res, D5 VPP655 pump, EK Supremacy X99 full nickel block, Alphacool fittings, EK white pastel fluid.


Testing of radiator mount to make sure my measurements were correct. As you can see, there was not a lot of room for error. The EK 420 radiator just fits in this orientation. I used a Phobya res mount, just a warning here as most of the holes did not align for the Rad, so a lot of filing was needed to make things fit properly.

My plan is to send air across the X99 Deluxe board to try and keep the Mosfets a little cooler. EK have just recently released a full block for the X99 motherboard, I may invest...

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If you are looking to mine Bitcoins or Litecoins with Minergate pool, here are some useful instructions from the member of our team Janika.

Hello! My name is Janika and I am very fresh in the world of cryptocurrency. I have never tried to mine one of the “major” cryptocurrencies and today I want to prove you that it is not that difficult even for a novice. Just put your mind to it, I will do my best to help you.

Ready

First of all, you need to know that your mining performance will depend on your hardware. Litecoin and especially Bitcoin require powerful resources to be mined profitably.

There are several possibilities to choose from. First of all, you can use the hashing power of your CPU (central processing unit) or GPU (graphic processing unit), by which I obviously mean graphics card. It is safe to say that you will get better results using the latter, but of course you are free to experiment.

The third option appeared in...

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There are hundreds of Bitcoin alternatives out there. One term for these is Altcoins, another generic term is cryptocurrency. It’s only worth investing money and time into ones that will stay in existence and grow. Just like with any investment, it’s best to buy at a low price. In some cases that means buying them at a low price on an exchange, and for others it’s mining them with specially designed computing machines.

Running a Bitcoin and Altcoin mining operation, I like to look for Altcoins to mine that are going to go up in value. If I can mine many of them while they are inexpensive and easier to mine, and I keep as many as possible after paying my bills, I’ll end up being very profitable.

Before delving in Altcoins, it’s worth looking at Bitcoin. It has a huge installed base. It will be around for a long time. It is the standard and has so far proven to be solid. It does have a few issues that could lead to problems, but these will get worked out. No one wants...

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This is a primer on cryptocurrency (BitCoin, LiteCoin, etc.): what it is, how it works, and some specific (though probably ill-informed) recommendations from me if you are interested in mining it.

Crypto-what now?

Cryptocurrency is the name given to any currency based on a couple of key concepts and a common theoretical architecture. The first cryptocurrency was BitCoin, which "set the mould" for what it means to be a cryptocurrency. Another important cryptocurrency is LiteCoin, which has a couple of key differences from BitCoin that will be covered later. In addition, there are now dozens (if not hundreds) of "AltCoins"; that is, other cryptocurrencies in addition to BitCoin and LiteCoin. They have many of the same features and underlying concepts, but have small yet important tweaks or differences that make them suitable for specific niche purposes.

Cryptocurrencies have two central features that make them unique from normal "fiat" currencies:

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Who isn't curious about Bitcoin, the virtual currency whose origin story is rife with underground marketplaces, instant millionaires, and massive scams? And the best way to learn more is to start participating yourself.

Sure, you could hit up an exchange and drop four hundred dollars or more on a single bitcoin, but you can also get in for free by mining the coins yourself. Bitcoin has become too hard for regular people to mine, but the world of bitcoin-like "altcoins" is still wide-open to hobbyist miners. Here's everything you need to know to get started mining altcoins.

What is an altcoin?

This article assumes you've at least heard of Bitcoin, but you might not have heard of altcoins. "Altcoin" is a catch-all term for cryptocurrencies based on the Bitcoin system, which aren't actually Bitcoin. Because Bitcoin is open-source software, anyone with some development experience can copy it and create their own currency.

Of course, like Bitcoin, the value...

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Since digital currencies are decentralized—which means they aren't controlled by any bank or governmental agency—it's natural to wonder how all the transaction information that pours in on a daily basis is processed. There are no clerical or data entry “employees” assigned the task, so how does it get done? Since currencies are owned collectively by the people who invest in them, the processing of the information that keeps the currencies dynamic and valuable is undertaken by those investors, as well. This information processing is called “mining,” and the investors doing the work are—logically enough—called “miners.” For the majority of cryptocurrencies, taking part in the mining process isn't required in order for you to invest, but nonetheless many investors do like to play an active role in mining because doing so not only creates new coins, but there are usually rewards for miners who successfully process blocks of data.

The accompanying articles in this section will be geared...

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What do you know about Litecoin?
Some people actually think that Litecoin is better than Bitcoin and here's why!

Summary

Both Bitcoin and Litecoin are deflationary. Litecoin payment confirmations are faster. Litecoin is more adaptive to technical up-scaling.
Both coins can compliment each other.
Comparing two stocks to find out the relatively better value buy is quite easy for a traditional research analyst who deals with equity market. The number of parameters available for comparison is wide and time tested, starting from a simple quarterly result's net profit to complex ones like debt equity ratio, PE, trailing EPS etc. Stocks are categorized by its market capitalization and industry to make the study more focused. But when comes to crypto world, we don't have any time tested parameters to filer out the naked ones from others which are promising and disruptive in nature. So an investor who decided to invest in crypto currencies have to overcome this...
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#2. EoBot - This website provides its users with Online Cloud Mining for Bitcoin & several other Altcoins. Not only do they offer cloud mining but currently have a high paying Bitcoin faucet as well!

Cool thing about this site is that you can use your Free Faucet winnings towards cloud mining contracts or if you happen to purchase a mining contract through...

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Altcoins aren’t money in theory or practice. Instead, they represent gambling and/or money-laundering opportunities. One result of this is a confused public dialog about cryptocurrency.

(So sorry to still beat up on obviously-stupid copycoins when I should be talking about Why BitUSD Shouldn’t Be Worth Exactly $1, Why Sidechains Don’t Hurt Anyone, Why Counterparty Can’t Last, or My theories on why I can’t find even one use-case for Ethereum. I’ll be back at it later today.)

I’ve previously described how Altcoins are not an alternative to Bitcoin. They aren’t coins, either. (The farce is now complete.)

Basic Money-Requirements…

Altcoins don’t fit the definition of money. No one earns, spends, or saves Altcoins.

…Aren’t Met…

These Principles are common knowledge by now, but take a fresh look with Altcoins in mind. Specifically, think about “FuelCoin” (randomly chosen from the Top 20) while you reflect on the three functions of...

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Have you been wondering, How to Start Mining Quarkcoins?

Direct Youtube link

New Release – Version 2.0 – CPU Mining Software

Lately, I’ve been trying to earn some money by mining the Bitcoin alternatives, Quarkcoin. After spending the entirety of last week attempting to get free money, I may have succeeded, to an extent. This introductory article covers how I got started mining cryptocoins and which coin provides the best returns on investment, for beginners. It’s shockingly easy.

If you know nothing about Bitcoins and virtual currencies then here’s a short primer: Bitcoin is an uncollateralized digital cryptocurrency subject

entirely to the market forces of supply and demand. As long as individuals demand it, it will possess value, although that value will fluctuate wildly. It establishes ownership through a peer-to-peer network, which keeps track of who owns what, known as a “Blockchain”.

For those of you not familiar with the...

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This past year I have received a lot of emails asking me about how to mine a cryptocurrency. There are lots of good guides out there for setting up real mining rigs. I used this consolidated guide last year but I recommend Cryptobadger for all current setups.

But if you really want to just test the waters with a machine you have laying around, I put together a very simple guide involving the least amount of technical prowess.

Step 1: Find, build or borrow a computer with a discrete video card made by either ATI (now AMD) or Nvidia. Radeon cards perform the best usually by an entire order of magnitude. Do not use a laptop because it will likely overheat and you may end up causing permanent damage to the machine (the only exception is a gaming laptop with fans/exhaust).

Step 2: Look at the Litecoin mining hardware comparison chart (even though it says Litecoin, you will end up with the same hashrate with Dogecoin or other Scrypt-based cryptocoins). Make sure to...

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While it is now considered too late for hobbyists without expensive ASIC processors to start mining bitcoins, many of the alternative digital currencies are still well suited for mining on your home PC.

In this guide, we’ll take you through all you need to know to start digging up a few litecoins, feathercoins or dogecoins without any costly extra equipment.

For the most part, cryptocurrencies employ either SHA-256 or scrypt as their proof-of-work hashing algorithm, but many of the newer currencies have opted for scrypt.

Scrypt tends to be the more memory intensive of the two – however, home PCs with reasonably powerful graphics cards can still mine those cryptocurrencies quite effectively, as there are no dedicated ASICs to compete with – yet.

Perhaps surprisingly, it’s still possible to use just your computer’s CPU to mine some of the digital currencies. This holds true, even if you have only a laptop with integrated graphics; though this may not prove...

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Bitcoin offers its users many advantages over fiat money and the traditional banking system (see: Why Buy Bitcoin?). But that doesn’t mean that there aren’t also parts of the legacy banking system which you might miss when you make the switch to BTC. Anybody old enough to have had a bank account prior to the 2008 financial crisis might have fond memories of something called ‘interest’ for example…

Although interest payments from regular bank accounts are now minimal or non-existent, it used to be very common for banks to pay an annual rate on deposits, to reward customers and share the profits generated from gambling your cash on the rigged casinos which are the modern financial markets.

Owning Bitcoin usually means that you retain full control of your wealth. You do not need to trust your wealth to a bank and just hope they will not lose it as so many did during the financial crisis (forcing us to ‘guarantee’ our own bank balances and replace our own losses through...

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There are few people, who determined the history of cryptocurrencies and can predict the evolution of the Blockchain and projects of next generation in BitcoinCT space. Charlie Lee is one of them. He is a creator of LitecoinCT who’s being involved with cryptocurrencies since 2011. As such his knowledge in the field is extensive.

Born in the Ivory Coast and grown up in the US to parents from Shanghai Charlie was among the first Chinese people to go to Africa in the 1960s. After growing up in Africa, he went to the US for his studies, and after college, he found jobs working for Google.

Charlie Lee is the creator of Litecoin, the most popular alternative currency to Bitcoin. He is currently Director of Engineering at Coinbase. Prior to joining Coinbase, he spent 6 years at Google working on...

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