Getting Started With Litecoin Mining
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Login using your wallet address as username. An optional workername can be appended to your address separated by a dot character. Leave the password blank. Even with free electricity the profits are so small that they are hardly worth the effort. Before you can start to mine you need to create a wallet. Although Litecoin is a digital asset, you still need a place to store them.
This is done in a digital wallet. There are multiple methods to obtain a wallet which vary by ease of use and the security they provide.
Exodus is litecoin pool config a desktop multi-asset wallet with built in ShapeShift support for converting between crypto-currencies. The application is comfortable to use available for Windows, macOS litecoin pool config Linux. One of the best features of this multi-currency wallet the client-side encryption of your private keys which means you stay in full control of your keys which never leave your machine in unencrypted form.
A hardware wallet is a special type of wallet which stores the user's private keys in a secure hardware device. Hardware wallets offer robust safety features for storing cryptographic assets and securing digital payments.
Popular hardware wallets are the Ledger Nano S and the Trezor. Another possibility is to create a wallet at LiteVault. Please make sure to immediately backup your wallet keys after creating a wallet. We recommend using a password store such as KeePass or 1Password for that.
Litecoin pool config long-term storage litecoin pool config Litecoin you can create a paper wallet. A paper wallet is extremely secure litecoin pool config you guard your private key by storing it in a password vault such as KeePass or LastPass or printing it out and depositing the sheet in a real bank vault. There are multiple digital currency exchanges you can register with.
LiteVault Another possibility is to create a wallet at LiteVault. Paper Wallets For long-term storage of Litecoin you can create a paper wallet. Registering with an exchange There are multiple digital currency exchanges you can register with.