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. There are multiple methods to obtain a wallet which vary by ease of use and the security they provide. Registering with an exchange is probably the most convenient way to obtain a wallet. Once you are in possession of your Antminer and completed its physical setup, its time to open the miner s web-interface in your browser. The application is comfortable to use available for Windows, macOS and Linux. Getting a Wallet Before you can start to mine you need to create a wallet. If you have trouble doing this, we recommend watching this video which outlines the entire L3 setup process from start to finish. Please make sure to immediately backup your wallet keys after creating a wallet. Navigate to the Miner Configuration Tab inside the Antminer s web-interface and enter stratum+tcp://ltc free ltc litecoin.
org CPU and GPU Mining At the current network difficulty - which will only increase over time - mining Litecoin using CPUs or GPUs is no longer feasible. Registering with an exchange allows you to create a wallet on the exchange for every currency the exchange supports. Cold-storage wallets For long-term storage of Litecoin you should create a cold storage wallet. Although Litecoin is a digital asset, you still need a place to store them. Unfortunately it is also the least secure one. Checking out EBay for used miners might also be worth a try. LiteVault Another possibility is to create a wallet at LiteVault. Hardware Wallets A hardware wallet is a special type of wallet which stores the user s private keys in a secure hardware device. Popular hardware wallets are the Ledger Nano S and the Trezor.
A cold-storage wallet is extremely secure if you guard your monero 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. Exodus Wallet Exodus is the a desktop multi-asset wallet with built in ShapeShift support for converting between crypto-currencies. We recommend using a password store such as KeePass or 1Password for that free ltc litecoin.BitConnect.. Now enter your Litecoin address in the Worker field of the first pool. Registering with an exchange There are multiple digital currency exchanges you can register with. Even with free electricity the profits are so small that they are hardly worth the effort. Antminer L3+ ASIC Mining If you are serious about Litecoin mining then you need to get an ASIC miner which can be bought at Bitmain or BitcoinWare. Hardware wallets offer robust safety features for storing cryptographic assets and securing digital payments. .