Posts Tagged ‘litecoin’

On mining profitability

With the price of litecoin and bitcoin on the rise, I’ve received a tremendous amount of email over the past couple weeks from people wanting to know whether or not it’s “too late” to get into mining. Or how soon one can expect to break even on a new mining rig purchase. Or what my […]

Android Bitcoin & Litecoin wallets potentially vulnerable to theft due to coding flaw

Due to a serious flaw in the Java secure random number generator used by many Bitcoin applications on the Android operating system, any wallets generated by Android apps are potentially vulnerable to theft. While the advisory on bitcoin.org only mentions Bitcoin, the flawed code is also used in many Android Litecoin wallets, and probably also […]

WSJ blogger asks: “Are Litecoins the next big thing?”

At least one Wall Street blogger believes that Litecoins are the next big thing. The author’s post hits on the standard litecoin vs. bitcoin differences, but mostly focuses the success of CipherMine, a Litecoin-mining company that went public a few weeks ago on the LTC Global Exchange. From the post: Shares in CipherMine, a company […]

Australian retailer now accepting Bitcoin and Litecoin

Gizmodo is reporting that Australian electronics retailer Millennius is now accepting both Bitcoin and Litecoin as forms of payment on its website. While quite a few global retailers have already adopted Bitcoin, Millennius believes that they’re the first to accept Litecoin. Good news for cryptocurrency, and especially Litecoin—hopefully more retailers follow suit in the coming […]

Business Insider: Litecoin is the silver to Bitcoin’s gold

Litecoin is starting to get attention in mainstream news as a complementary cryptocurrency to the more established Bitcoin. Business Insider posted a short piece today describing Litecoin as the “silver to Bitcoin’s gold”. The article is short and largely inaccurate on the technical details, but any press that raises public awareness of digital currency is […]

WeMineLTC litecoin pool possibly underpaying miners

If you use WeMineLTC as your litecoin mining pool, you should take a careful look at your earnings. There have been an increasing number of reports from miners that the pool is underpaying by ~30%, either because the operators are intentionally skimming, or because the pool is misconfigured. You can read more in this Reddit […]

Guide: Cryptocurrency Wallet Security

So you’ve built your own mining rig, you’ve mastered the art of trading for profit on the cryptocurrency exchanges, but you haven’t given much thought to securing your digital fortune against theft and accidental loss? Don’t worry, you’re not alone. Wallet security isn’t exactly a glamorous topic. In fact, many of you might even assume […]

Mt. Gox adding support for Litecoin “soon”

Mt. Gox, the world’s largest bitcoin exchange, released a statement today regarding their handling of the recent DDoS attack that caused their site to be unavailable for several hours. Buried in the “Recent Frequently Asked Questions” portion of the release is this interesting tidbit: “When will you be adding Litecoin (LTC) to Mt. Gox?” : […]

Build your own Litecoin Mining Rig, part 4: Optimization

This fourth installment of our litecoin mining guide will focus on getting the most out of your hardware—finding the sweet spot between maximum performance and acceptable power usage (and noise/heat generation!). The tweaks that I outline in this article are applicable whether you’re using Linux or Windows. If you’re using the hardware that was recommended […]

Build your own Litecoin Mining Rig, part 3: Windows Setup

By now you’ve probably seen our Linux Litecoin mining setup guide (and hopefully the hardware guide that preceded it). Perhaps you’ve decided that Linux just doesn’t seem like your cup of tea. If Windows is more your thing, you’re in luck—this guide is for you. Let me just reiterate that for most people, Linux is […]