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.austin bitcoin exchange 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”.bitcoin header format also became the first Litecoin pool to offer secure mining over TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.raspberry pi bitcoin case

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.double your bitcoin torMining pool comparison Jump to: navigation, search This page lists all known mining pools along with many of the important details needed to choose a Litecoin pool which best suits you.achat bitcoin canadaIt is usually a requirement to register an account on the pool, and configure your workers on the pool's portal account pages before mining.free bitcoin instant payout

Each pool may have different payment methods--select the method which works best for you.A frequently updated list of each pool's hashrates.If possible, please help the network by mining with a pool that doesn't have a large part of the network hashrate.Contents 1 2 3 4 5 "Green" pools are more likely to have active webmasters and be more responsive to the needs of their miners.Name - The name of the pool and the pool's URL.Reward - See Reward types.Fee % - The percentage that the pool charges as a fee.Launched - The launch date of the pool.Forum - The pool's forum announcement and usually its general public support and info thread.Must be a 3rd party site.Location - The geographical locations of the pool's servers.VDF - Vardiff, short for "variable-difficulty", optimizes the difficulty based on your worker's capacity.Does the pool have vardiff?STX - Blocks are not always 50 LTC because they can contain transaction fees.Does the pool share transaction fees with the miners?

LB - Load balancing helps maintain uptime in case a server goes down.Does the pool have multiple mining servers?SSL - SSL is an encryption protocol that protects your privacy.Does the pool have SSL on the main website?TLS - Does the pool support TLS encryption for Stratum connections (prevents hijacking of mining connections)?The list is sorted by the date the pool was announced (Launched)--clicking a column header will change the sort method.Name Reward Fee % Launch Forum Location VDF STX LB SSL TLS Coinotron PPS/RBPPS/PPLNS 6/4.5/1.5 2011-10-20 Link PL No No No Yes No PPS 4 2011-11-05 Link UK, US-NY, US-CA, TOR Yes N/A Yes Yes Yes GiveMeCoins PPLNS 0 2013-03-11 Link US-AZ, FR Yes Yes Yes Yes No TBDice PPLNS (Solo) 0.5 2014-12-28 Link US Yes Yes ?

No No It is recommended not to use mining pools which have a large part of the total network hash rate.The site Learn Cryptography has more information behind the risks of having pools grow to a size of 51% or more of the total network.Think of it this way, what made you decide to join one of these big pools?Was it because bigger is better?For mining, bigger doesn't mean it's better.Joining a bigger pool does not mean bigger or faster payouts, especially when the payment system is probably the same one used by nearly every other pool (PPLNS).Maybe because the big pools are established and trusted?Many of the large pools were created during the Litecoin rush of April 2013.There are numerous smaller pools that were created at the same time or earlier.You can take a look at The Litecoin hash rate distribution chart and avoid joining the biggest pools.Or if you are currently mining them, please Spread the Hashes and consider switching to a pool with a smaller percentage of the total network.

CPPSRB - Capped Pay Per Share with Recent Backpay is a calculation that provides the maximum payout without bankrupting the pool.[1]DGM - Double Geometric Method.A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk.Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments.POT - Pay On Target.High variance reward system to those that like a gamble.You get more for shares of higher difficulty, meaning you get a big reward if you're the block finder.PPLNS - Pay Per Last N Shares.Similar to proportional, but instead of looking at the number of shares in the round, it looks at the last N shares, regardless of round boundaries.PPS - Pay Per Share.Each submitted share is worth a certain amount of Litecoin.It is risky for pool operators, hence the fee is highest.When a block is found, the reward is distributed among all workers proportionally to how many shares each of them has found.RBPPS - Round-Based Pay Per Share.

Like PPS, but payouts are delayed until a block is found and confirmed by the network.If a found block gets orphaned, earnings relative to it are not paid.There is no "normal" or "standard" or "base" difficulty for Litecoin pools.Difficulty is measured in the same way as Bitcoin difficulty, but since the hashing algorithm used by Litecoin is much more complex (and therefore slower), pools need to use a share difficulty lower than 1.In the first months after the launch of Litecoin, most pools used a share difficulty of 2-16 or 2-15.They could have used even lower values, but there was no point in doing that.After GPU mining became widespread, most pools moved to higher difficulties, such as 2-12.The reason behind this was to decrease bandwidth usage, as a higher share difficulty results in fewer shares being submitted.While this change doesn't affect mining rewards, there is a minor downside, and that's that the precision of speed estimates gets drastically reduced.For this reason, slower miners may prefer pools with a lower share difficulty, so that they can get more precise statistics on their workers.