Goldshell LT5 LTC&DOGE&BEL Miner (2.05Gh/s)

1. Keep in a Protective and Ventilated Area

Select the case’s appropriate size, preferred colour, and preferred style to go with the decor of your space. Keep your Goldshell LT5 on a protective frame, open all sides for adequate airflow and install fans for more ventilation. Ventilation is the most important thing for mining hardware to deliver better. To create a well-ventilated inside and out, install fans as per requirement and use foaming or wooden frames.

2. Connect it to the Power Supply and Internet Connection

You must now connect your mining equipment to an electricity source. We are all aware that the primary need for cryptocurrency miners is energy. It is when you connect your miner to the power source that your miner gets the power to initiate. Connect your Goldshell LT5 to the internet connection, Ethernet is interface for Goldshell LT5. Ensure it is connected to the internet.

3. Get an IP Address and Authorize Your Goldshell LT5

There are two ways to get an IP address: you can choose any of the two options at your convenience. The first option is the DHCP address by logging into the home router and filling in all the details. The other option is to install some free mining software and grab the IP address from there. Once done, paste the IP address on a new webpage and enter the credentials, such as your username and password, to authorize it.

4. Join and Set Up a Mining Pool

Entering a pool will improve your chances of receiving payments more frequently and consistently by rewarding you with small amounts of DOGE coin whenever all pool members complete an algorithm. A pool is a collection of cryptocurrency miners who cooperate and pool their hashing capacity to solve equations across the network. Once you have joined the pool, set it up per your mining requirements.

5. Set Up a Dogecoin Wallet

Multiple Dogecoin wallets, such as software or hardware wallets, are available online. Follow all the instructions on the official website of the crypto exchange or crypto wallet you choose. Then, you can use your wallet address as a method of payment to accept DOGE coins.

6. Configure Your Goldshell LT5

The next step is to set up your miner by filling in all the essential details in the interface that appears when you log in using the credentials provided. Fill in the details such as owner’s accounts, mining pool details, Dogecoin addresses, Dogecoin wallet addresses and other required fields.

7. Start Mining Dogecoin

Now that your Goldshell LT5 setup process is complete, you can start mining DOGE coins. Just be sure to launch the miner with a greater hash rate. Your Goldshell LT5 is now set up and running, and you can anticipate seeing a return on your investments.

8. Determine Profits and Assess Miner’s Activity

Now that your setup is complete and you have started mining Dogecoin, it’s crucial to analyze how well it performs compared to your expenses and keep a keen eye on the working of your Goldshell LT5.