Mining litecoins since October 21, 2011 New to Litecoin mining?Read our Beginner's Guide!Welcome to the first true pay-per-share (PPS) Litecoin pool.Some of our key features: Every valid share you submit to this pool is instantly credited to your account at the current pay-per-share (PPS) rate.This rate, expressed in litecoins, also takes into account merged-mined coins such as Dogecoin, resulting in higher payouts than a regular Litecoin pool.Thanks to merged mining, you have to pay no fee; in fact, your earnings may even be higher than with a 0-fee PPS system.This is not a PPLNS, SMPPS or RBPPS pool: we always pay for your work, even if the pool has not yet solved enough blocks to cover the earnings generated.On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from the Litecoin network, and therefore yield no reward.A PPS pool, on the other hand, takes on the risk of bad luck so you don't have to deal with variance and orphaned blocks.

was started shortly after the birth of Litecoin by Pooler, who is well known in the community as a member of the Litecoin core development team and for being the maintainer of the cpuminer software package.Since the very start, the pool used ad-hoc software: Pooler wrote the front end entirely from scratch, with security and efficiency in mind, while the mining back end was originally a heavily-modified version of Jeff Garzik's pushpool.After two weeks of intensive testing, on November 5, 2011 the pool opened its doors to the public, becoming the first PPS pool for Litecoin. also became the first pool to support variable-difficulty shares, a technique later dubbed “vardiff” by Bitcoin pools, allowing miners to drastically reduce their network bandwidth usage.Thanks to its advanced features and its reliability, the pool quickly attracted a very high number of miners, to the point that during the first half of 2012 it often constituted over 40% of the entire Litecoin network.

Due to centralization concerns, it was decided to temporarily close new registrations; later in 2012, registrations were reopened, but have since been subject to approval.In August 2013 the back-end software was completely redesigned and rewritten from scratch to implement advanced efficiency and scalability optimizations that Pooler devised after implementing support for the Stratum protocol in cpuminer. the first Litecoin pool based entirely on software written from scratch, and the first pool to implement extensions to the Stratum protocol such as “resume”, “suggest_difficulty” and “suggest_target”. also became the first Litecoin pool to offer secure mining over TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.We wish to thank all the people who have, directly or indirectly, contributed to the development of this pool.In particular, many thanks go to (in alphabetical order): coblee, DeLorean731, Derringer, diki, g2x3k, Graet, guruvan, inlikeflynn, jgarzik, LittleDuke, piperitapatty, pontius, rTech, shawnp0wers, ssvb, terrytibbs, WKnight, Xurious.

Now that you have your Bitcoin mining hardware, your next step is to join the best Bitcoin mining pool.Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hashing power.While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner.Miners can, however, choose to redirect their hashing power to a different mining pool at anytime.Before you join a mining pool you will also need Bitcoin mining software and a Bitcoin wallet.The list below details the biggest Bitcoin mining pools.litecoin list hardwareThis is based on info from Blockchain’s pool share chart:Antpool is a Chinese based mining pool, maintained by BitMain.bitcoin difficulty prediction

Antpool mines about 15% of all blocks.DiscusFish, also known as F2Pool, is based in China.DiscusFish has mined about 12% of all blocks over the past six months.BitFury is one of the largest producers of Bitcoin mining hardware and chips.BitFury currently mines about 12% of all bitcoins in three data centers across Georgia.It’s a private pool and can’t be joined.BTCC is China’s third largest Bitcoin exchange.bitcoin kievIts mining pool currently mines about 7% of all blocks.ViaBTC is a somewhat new mining pool that has been around for about one year.BW, established in 2014, is another mining company based in China.ethereum elementIt currently mines about 8% of all blocks.BTC.top is another new pool.bitcoin qr walletIt does not appear to have a website, so it may be a private pool.Slush was the first mining pool and currently mines about 6% of all blocks.Slush is probably one of the best and most popular mining pools despite not being one of the largest.Bitclub Network is a large mining pool but appears to be somewhat shady.litecoin good hashrate

We recommend staying away from this pool.GBMiners is another somewhat shady pool that should probably not be joined.The comparison chart above is just a quick reference.The location of a pool does not matter all that much.Most of the pools have servers in every country so even if the mining pool is based in China, you could connect to a server in the US, for example.If you just want bitcoins, mining is NOT the best way to obtain coins.Buying bitcoins is the EASIEST and FASTEST way to purchase bitcoins.Get $10 worth of free bitcoins when you buy $100 or more at Coinbase.Bitcoin mining tends to gravitate towards countries with cheap electricity.As Bitcoin mining is somewhat centralized, 10-15 mining companies have claimed the vast majority of network hash power.With many of these companies in the same country, only a number of countries mine and export a significant amount of bitcoins.China mines the most bitcoins and therefore ends up “exporting” the most bitcoins.Electricity in China is very cheap and has allowed Chinese Bitcoin miners to gain a very large percentage of Bitcoin’s hash power.It’s rumored that some Chinese power companies point their excess energy towards Bitcoin mining facilities so that no energy goes to waste.China is home to many of the top Bitcoin mining companies:F2Pool, AntPool, BTCC, and BW.It’s estimated that these mining pools own somewhere around 60% of Bitcoins hash power, meaning they mine about 60% of all new bitcoins.Georgia is home to BitFury, one of the largest producers of Bitcoin mining hardware and chips.dogecoin real value

BitFury currently mines about 15% of all bitcoins.Sweden is home to KnCMiner, a Bitcoin mining company based in Stockholm.KnCMiner currently mines about 7.5% of all bitcoins.The US is home to 21 Inc., a Bitcoin mining company based in California.21 runs a large amount of miners, but also sells low powered bitcoin miners as part of their 21 Bitcoin computer.Most of the hash power from the 21 Bitcoin computers is pointed towards 21’s mining pool.bitcoin euros coursmines about 3% of all bitcoins.The countries above mine about 80% of all bitcoins.The rest of the hash power is spread across the rest of the world, often pointed at smaller mining pools like Slush (Czech Republic) and Eligius (US).Table of ContentsWhat is a mining pool?Get a Bitcoin Wallet and Mining SoftwareThe Biggest Mining Pools1.bitcoin salman khanGBMinersBest Bitcoin Mining Pool ComparisonJust Want Bitcoins?Which Countries Mine the most Bitcoins?ChinaGeorgiaSwedenUSOther CountriesA Note on PoolsWhy are Miners Important?While we can see which mining pools are the largest, it’s important to understand that the hash power pointed towards a mining pool isn’t necessarily owned by the mining pool itself.There are a few cases, like with BitFury and KnCMiner, where the company itself runs the mining operation but doesn’t run a mining pool.Bitcoin miners can switch mining pools easily by routing their hash power to a different pool, so the market share of pools is constantly changing.To make the list of top 10 miners, we looked at blocks found over the past 6 months using data from BlockTrail.The size of mining pools is constantly changing.