LTC Mining Instruction

How to mine Litecoin in paybitoPro?

General Overview: – 

Litecoin (LTC) is a cryptocurrency powered by the Scrypt Proof of Work algorithm. LTC aims to provide an alternative to Bitcoin by making modifications to the original Bitcoin Protocol. Litecoin (LTC) was one of the first altcoins created. The Litecoin network was launched on 13 October 2011. LTC is still one of the largest cryptocurrencies by market capitalization since it was first created.

Litecoin aims to make it easier for merchants to accept LTC payments by making transactions faster than on the Bitcoin blockchain. Litecoin and Bitcoin do have a few key differences, for example, transactions are faster on Litecoin and it has a larger total supply (84 million LTC). In addition, Litecoin’s halvings were altered as well. Bitcoin halves every 210,000 blocks, while Litecoin halves every 840,000 blocks.

Hardware Requirements:- 

• Litecoin can be efficiently mined with ASIC mining machines.
• Litecoin cannot be efficiently mined with CPU or GPU card
• Applicable Miners

Antminer (e.g. L5, L3+)

INNOSILICON (e.g. A6+)

Or any miners that support the Scrypt Proof of Work algorithm

How can I get started with LTC mining?

• Create a wallet address :-   You’ll need a wallet address to check and receive payouts to mine  Litecoin with paybitoPro. You need to  create a LTC wallet address from the More option. Go to More->Generate Mining Address.  Yow will get a LTC address, copy it and save it somewhere. It will work for miner addresses.
• Mining Configuration:- You have the LTC wallet address, so you can proceed to configure your mining device.  You’ll need to enter the following information in your mining device:

 URL: stratum+tcp://poolpaybito.com:3042

Username: <<Your LTC wallet address>>

Password : Your choice

• Check hashrates:- After the miners are up and running, the performance statistics are expected to be live in approximately 10 minutes or more.  You need to click more options and put the wallet address and you would get all the details including your balance/rewards .