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Click the button to “Allow,” and you’ll be started!

You will also get a pop-up window that asks you if you would like to let Litecoin Core accept incoming network connections.

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When you open the program for the first time, you may have to enter your password to allow you to run the Application. Once Litecoin Core is installed, find it in your “Applications” and click on it to start the software. There may be other great wallets out there, but we do not recommend using other wallets until you have some knowledge of and experience with cryptocurrencies.

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Go to , click on the link to download the latest version of the official Litecoin wallet: Litecoin Core.īe sure not to download the Litecoin wallet from any website except the official site.

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The software that can do this for you is Litecoin Core, the official Litecoin client. To mine Litecoin, you’ll need some way to connect with the Litecoin network and a wallet in which to store your profits. Step 1: Download the Litecoin Wallet from There is risk in the wallet you choose, risk in the mining pool, risk in the hardware and software, risk in the exchange you trade it on. NOTE: There is a risk involved in mining. However, even if you’ve never used the command line before, we’ll tell you exactly what you need to type to start mining! Since we’ll be entering commands on the terminal, experience with Mac’s command line will be helpful. In addition to downloading the necessary software, you’ll also need to connect to your mining pool and the Litecoin network.įor this tutorial, you don’t need any prior experience or tech skills. This tutorial was made running OSX High Sierra on a 2017 MacBook Pro.

A Mac Desktop (or a MacBook) running OSX.

By the end of this tutorial, you will be a cryptocurrency user! Before you Start No matter what your level of experience and tech know-how, we’re going to get you mining Litecoin from your Mac in 30 minutes. We at CryptoCurrencyFacts want to debunk that myth right now. One of the biggest barriers for people to get started with cryptocurrency is the idea that it’s too hard for the average person. How to Mine CryptoCurrency in 30 Minutes or Less (Litecoin on OSX): Introduction

So the guide is helpful no matter what your reasons for Litecoin mining are. The process of mining with an ASIC rig is essentially the same as the process for mining with a consumer CPU/GPU. This page is aimed at hobbyists, those who want to try mining out, and those who want to understand the basics of Litecoin mining. With that said, this page isn’t just aimed at those who are looking to profit from mining. For example, in early 2018, the Antminer 元+. To make a profit, you need something like a new Antminer Litcoin ASIC-based rig. TIP: Mining Litecoin with a CPU/GPU is not profitable even if you have free electricity as will tell you if you want to join their operation. You can read more about the basics of mining here. What is cryptocurrency mining? It’s less Minecraft and more setting up your computer to confirm cryptocurrency transactions.

Coins your worker mines are collected in your mining pool account and can be sent to your wallet via the mining pool account too. This tells the mining software to start and tells your worker to be the one mining. Step 5: Write a simple command line in terminal. This allows your computer to mine cryptocurrency.

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Step 4: Install CPUminer software to get your computer mining. Step 3: Create a worker bot to mine for you. This lets you pool mining power with other users, create “workers” to mine for you, and offers a way to get paid for mining. This lets you receive and transfer funds. Step 1: Get a Litecoin wallet (we suggest Litecoin Core).

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