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Created page with "{{Infobox cryptocurrency | currency_name = Litecoin | ticker_symbol = LTC | asic_mining = YES | author = Charlie Lee | website = http://litecoin.org | initial_release_version..."
{{Infobox cryptocurrency
| currency_name = Litecoin
| ticker_symbol = LTC
| asic_mining = YES
| author = Charlie Lee
| website = http://litecoin.org
| initial_release_version = 0.1.0
| initial_release_date = {{Start date and age|df=1|2011|10|07}}
| supply_limit = 84,000,000
}}
==About Litecoin==
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. It was forked from Bitcoin in October, 2011. LTC mining uses the Scrypt mining algorithm and has 84 million total mineable coins.
==Mining guide==
===Get suitable hardware===
View our [https://www.f2pool.com/miners?currency_code=ltc#list-head miners page] to discover the most profitable ASIC machines for LTC.
===Configure the miner===
Your miner must be connected to one of the F2Pool servers listed below and you must use a mining account registered on F2Pool for your hashrate and revenue to be recorded and monitored.
* 🇪🇺 EU — stratum+tcp://ltc-eu.f2pool.com:8888
* 🇺🇸 NA — stratum+tcp://ltc-us.f2pool.com:8888
* 🇨🇳 CN — stratum+tcp://ltc.f2pool.com:8888
Ports 5200 and 3335 can be used as alternative ports for each server.
Enter the following information on your mining device:
* URL: <code>stratum+tcp://ltc.f2pool.com:8888</code>
* Username: ''username''.workerName''
* Password: ''anything''
Note: ''workerName is optional, however we recommend connecting each mining device with a separate workerName for efficient monitoring''.
===Add a payout address===
A payout address is required to receive your mining revenue, and you can add/change your payout address from [https://www.f2pool.com/user/signin?next=%2Fuser%2Faccount#tab-wallet Payout Settings].
Mining revenue is distributed daily to every user that reaches the payout threshold. The payout threshold is 0.02 LTC and details about payout method, fees and threshold can be found [https://blog.f2pool.com/en/faq-en/the-threshold-for-each-coin here].
If you do not have an address yet, you need to get a wallet first. We recommend [https://cobo.com/ Cobo Wallet] and [https://bixin.com/ Bixin Wallet]. You can find an extensive list of wallet options on [https://bitcoin.org/en/choose-your-wallet?step=1 bitcoin.org]. Alternatively you can choose a custodial wallet (exchange) such as [https://www.binance.com/en Binance] or [https://www.okex.com/ OKEx].
| currency_name = Litecoin
| ticker_symbol = LTC
| asic_mining = YES
| author = Charlie Lee
| website = http://litecoin.org
| initial_release_version = 0.1.0
| initial_release_date = {{Start date and age|df=1|2011|10|07}}
| supply_limit = 84,000,000
}}
==About Litecoin==
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. It was forked from Bitcoin in October, 2011. LTC mining uses the Scrypt mining algorithm and has 84 million total mineable coins.
==Mining guide==
===Get suitable hardware===
View our [https://www.f2pool.com/miners?currency_code=ltc#list-head miners page] to discover the most profitable ASIC machines for LTC.
===Configure the miner===
Your miner must be connected to one of the F2Pool servers listed below and you must use a mining account registered on F2Pool for your hashrate and revenue to be recorded and monitored.
* 🇪🇺 EU — stratum+tcp://ltc-eu.f2pool.com:8888
* 🇺🇸 NA — stratum+tcp://ltc-us.f2pool.com:8888
* 🇨🇳 CN — stratum+tcp://ltc.f2pool.com:8888
Ports 5200 and 3335 can be used as alternative ports for each server.
Enter the following information on your mining device:
* URL: <code>stratum+tcp://ltc.f2pool.com:8888</code>
* Username: ''username''.workerName''
* Password: ''anything''
Note: ''workerName is optional, however we recommend connecting each mining device with a separate workerName for efficient monitoring''.
===Add a payout address===
A payout address is required to receive your mining revenue, and you can add/change your payout address from [https://www.f2pool.com/user/signin?next=%2Fuser%2Faccount#tab-wallet Payout Settings].
Mining revenue is distributed daily to every user that reaches the payout threshold. The payout threshold is 0.02 LTC and details about payout method, fees and threshold can be found [https://blog.f2pool.com/en/faq-en/the-threshold-for-each-coin here].
If you do not have an address yet, you need to get a wallet first. We recommend [https://cobo.com/ Cobo Wallet] and [https://bixin.com/ Bixin Wallet]. You can find an extensive list of wallet options on [https://bitcoin.org/en/choose-your-wallet?step=1 bitcoin.org]. Alternatively you can choose a custodial wallet (exchange) such as [https://www.binance.com/en Binance] or [https://www.okex.com/ OKEx].
