How To Mine Litecoin using the CPU - For Linux

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·@virtualcoin·
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How To Mine Litecoin using the CPU - For Linux
In this post I will show you how to mine litecoin using the CPU of your linux computer using a software called cpuminer.
* We are using Ubuntu server version 16. (64 bits)
* If you are looking for profit you should try to mine monero using your CPU (Check our blog posts)
* We are using the [MINERGATE](https://minergate.com/a/445148113634cad226c8f626) minig pool 
* Minergate will charge you a small percentage of your mining profits, something like 1.5%
# MINERGATE
First, you will need to create an account at [MINERGATE](https://minergate.com/a/445148113634cad226c8f626) 
# CPUMINER INSTALLATION
Use the following commands to install the required softwares on your linux computer.
```javascript
# apt-get update
# apt-get install libcurl4-openssl-dev git
# apt-get install  build-essential
# apt-get install autotools-dev autoconf
# apt-get install libcurl3 libcurl4-gnutls-dev
```
Create a directory and download the litecoin cpuminer software:
```javascript
# mkdir /downloads
# cd /downloads
# git clone https://github.com/pooler/cpuminer
# cd cpuminer
```

Use the following commands to compile and install the cpuminer software on your linux computer:
```javascript
# ./autogen.sh
# CFLAGS="-march=native" ./configure
# make
# make install
```

# MINING LITECOIN
In order to start mining litecoin, use the following command:
```javascript
# minerd -o stratum+tcp://ltc.pool.minergate.com:3336 -u virtualcoin.videos@gmail.com -p x
```

* You need to change the username virtualcoin.videos@gmail.com from the command above to the username that you created on the  [minergate](https://minergate.com/a/445148113634cad226c8f626) website.
# YOUTUBE VIDEO
In our [YOUTUBE](https://www.youtube.com/channel/UCYRDo6SGE6mCjQcpRgzzd4A) channel, we offer a video showing you the step by step procedure.
https://www.youtube.com/watch?v=SLdtotuH1HQ
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