A variety of altcoin logos

How to: Change Awesome Miner payout coin from Bitcoin to Litecoin or other Altcoins

Awesome Miner now supports changing the payout cryptocurrency when ‘managed profit switching’ on Zpool, AHashPool, and Hash Refinery. This guide sets out how to set the Awesome Miner payout cryptocurrency in short, simple steps.

MiningPoolHub is slightly different, as you can simply register for an account on their website and change the payout currency by modifying your auto-exchange settings. This avoids the need to peform any of the configuration described here, but also tends to offer lower returns than other pools. As I understand it, recently hacked Nicehash only support BTC payouts at present.

Typically, these mining pools will default to paying out in Bitcoin, however, many now wish to use an alternative coin to spread their investments, or simply avoid the massive Bitcoin fees and transaction processing times.

It’s always been possible to set the Awesome Miner payout currency by appending the command sent to the mining software with a short code such as ‘c=LTC’, but this wasn’t easy to implement when managing your operation though Awesome Miner.

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Awesome Miner

Crypto Mining: Why haven’t I been doing this all along?

For years, I’d dismissed the suggestion that I should start mining ‘bitcoins’ (read: altcoins) as something that wasn’t worth the effort. I was under the misconception that it would require significant effort to stay on top of which coins were most profitable altcoins, and expected it would be difficult to exchange niche coins for useful currency. There was also the perceived risk that whatever most profitable altcoins I’d spent weeks mining could collapse in value, leaving me with nothing.

Meanwhile, I’d be knackering my expensive GTX 1080 by constantly running it at 100% load, whilst driving up my electric bill.

It turns out, the crypto-mining game is way ahead of me on this. There is no shortage of mining pools that, combined with the right software, allow you to always mine the most profitable altcoins, and have them auto-exchange to Bitcoin, Litecoin, or a cryptocurrency of your choice.

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