litecoin internet usage

_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 0 down vote favorite This question already has an answer here: What are the bandwidth requirements of a mining rig?I have a set of PCs hasing at 100 kH/s and currently the network difficulty is 2674.36329706./calc?hashrate=100&difficulty=2674.36329706&power=200&energycost=0.12¤cy=USD the probability of me finding a block in 30 days is 2.23% However, my internet speed has been curtailed at 52 kilobytes-per-second and I'm wondering if that changes the above probability from 2% to zero?ie, do I need to have a great internet connection to even have that 2% chance?litecoin hash solo-mining mining-setup bandwidth marked as duplicate by Greg Hewgill, Murch, John T, aland, Salvador Dali This question has been asked before and already has an answer.If those answers do not fully address your question, please ask a new question.
up vote 2 down vote With solo mining, all you need to get from the Internet is the latest block.Since these come once every 2.5 minutes (average) and are at most 250 KB (typically ~10 KB), you should be just fine.bitcoin stock market tickerYou'd also want to get all the latest Litecoin network traffic in order to validate all the transactions you can, but that'd be pretty small, like the blocks.bitcoin miner difficultyYou might find (on average) a few more stale blocks than the typical high-speed user, but this shouldn't be too significant: on the order of (your latency and download time - normal latency and download time)/2.5 minutes Not the answer you're looking for?bitcoin coin ebayBrowse other questions tagged litecoin hash solo-mining mining-setup bandwidth or ask your own question.harvard bitcoin club
Jump to: , The Services category is intended for the listing of any Litecoin related services, such as exchanges, charts, escrows, online wallets, goods merchants, and other services that provide anything for Litecoin, or accept Litecoin as payment.bitcoin necklaceIf you know of a Litecoin related site that is not listed here, please ask for it to be added on the discussion page.bitcoin paypal ceoContents 1 2 3 4 5 6 Pages in category "Services" The following 3 pages are in this category, out of 3 total.ethereal gem valueB Blockr.ioC CryptoGamesH HolyTransactionokpay and bitcoin_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote down vote favorite 9 How much bandwidth consumption can I expect per 900 Mhash/s rig (for instance) for both pooled and solo scenarios?dogecoin value price
I'm looking for a ballpark number for the on going requirements, after the initial blockchain download.mining-pools solo-mining bandwidth up vote down vote With pooled mining, at 900Mhash/s, you'll need a new work unit every 3 seconds or so.Each work unit requires about 256 bytes out and about 768 bytes back.So that's 700 bits per second out and about 2,000 bits per second back.Solo mining is a bit harder to estimate.You will need to receive and relay all new blocks as they are discovered, you will need to receive all transactions that are relayed by nodes you connect to.You can heavily limit the number of other nodes you are willing to connect to, but this will impact your stale shares level and may reduce your transaction fee income.I measured the bandwidth usage of the client with 60 connections (you can drop down to 8 if you want) and made sure my sample included discovering a block.The inbound average bandwidth was 12Kbps (1.50 KB/s) and the average outbound bandwidth was 9Kbps (1.04 KB/s).
So that should give you an idea what solo mining would be like.Notice that the bandwidth usage is basically insignificant in both cases.For multiple rigs, there is no adjustment in the solo mining cases.All the rigs can be configured to query the single client.The client's bandwidth requirements will be the same.However, there is a change in the pool mining case.When a new block is discovered, each miner will need a new work unit immediately since its existing unit is stale.This happens on average about every 10 minutes.Effectively, increase the bandwidth requirements by .5% for every additional mining rig.Note that if you run more than one instance of the mining program on a rig, count it as more than one rig.(This still assumes the rigs total 900Mhash/s.)Browse other questions tagged mining-pools solo-mining bandwidth or ask your own question.SCROLL TO LEARN MORE How do I use Litecoin?Litecoin Wallets Litecoin is securely stored in a wallet on your computer, tablet, phone or laptop.Download yours and start sending and receiving payments with an address and a click.
LTC Buy Litecoin Litecoin can be easily purchased and sold on a number of exchanges using all types of currencies.Find the one that's right for you and get coins in minutes.Litecoin can be identified on exchanges under currency symbols LTC or XLT.Please note: Litecoin Association has no affiliation with exchanges that support Litecoin and is not responsible for security and business practices of these exchanges.We recommend that all businesses implement compliance with CCSS and KYC/AML regulations appropriate for their country.Featured Exchanges Spend Litecoin Whether it's clothing and apparel, food and drink or even a flight abroad you can buy it with Litecoin.Discover merchants that accept Litecoin.Featured Merchants Integrating Litecoin By maintaining full compatibility with the Bitcoin API, Litecoin is very easy to integrate into existing applications that already offer Bitcoin support.One of the main advantages offered by the Litecoin network is faster transaction confirmation, making it ideal for small-size purchases.
If you are a developer using Bitcoin, it is extremely easy to enable support for Litecoin transactions.If you are a merchant, you can easily integrate Litecoin into your web site or application using existing 3rd party shopping cart plugins.If your business already supports Litecoin, you can register it to be included in this site's index.Reap the benefits of additional traffic by being listed in our merchant index.Once you integrate, do not forget to place the Litecoin Accepted Here image in your site.Following please find a list of integration providers News & Updates SegWit & CSV activation imminent.All users, especially miners and exchanges are advised to upgrade to 0.13.2 ASAP!https://t.co/rTAM2atpFh SegWit has activated on testnet!If you mine on testnet and haven't upgraded, please do so ASAP!Release info here: https://t.co/I5GWPmSWTZ Litecoin Core v0.13.2 released!This is an important update, all users, especially miners are advised to upgrade https://t.co/md8MTsX2cm Litecoin Core v0.10.4.0 released!
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