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.

Cryptocurrency markets have been going through a wild ride for a few weeks now.The threat of a bitcoin hard fork together with PoS expectations on Ethereum and the rise of zero-knowledge have rocked the markets.Investors flocked into Dash, Ether, Monero and other lesser known cryptocurrencies, abandoning bitcoin and overlooking Litecoin.That changed over the weekend, when Litecoin prices surged suddenly to above $8 USD.fbi bitcoin auctionNo one can say with certainty why this happened, but there are a few plausible explanations.free bitcoin 999The first and most obvious explanation about why Litecoin prices surged lately, has to do with reports about SegWit signaling on its network.bitcoin spain atmLitecoin works in a very similar way to bitcoin, which means it also faces some of the transaction issues that bitcoin faces.bitcoin earn satoshi

Although Litecoin transactions are supposed to be at least 4 times faster than those on the bitcoin network, because a new block takes ¼ of the time to mine on this network, SegWit can accelerate transactions over the Litecoin blockchain even more.This means that if Litecoin adopts SegWit soon (signaling is near the 75% threshold), it could outflank bitcoin in terms of day to day micro transaction functions.gia 1 bitcoin hom nayThis, combined with the fact that Litecoin is the closest bitcoin substitute in the market, could add a lot of value to this cryptocurrency.bitcoin m3Under this logic, it is easy to claim that Litecoin is in fact undervalued even after the most recent surge.bitcoin qt sourceThis should give its price more room to grow at least in the following days.foxbit brasil bitcoin

The other possible explanation for the recent rise in Litecoin prices could be related to SegWit signaling.Reports have pointed to Chinese investors pouring more funds into Litecoin lately.Chinese investors could be positioning themselves to gain from the value that SegWit adoption can bring to Litecoin.It is also possible that they would like to put their money in a cryptocurrency that up until now has not attracted the same degree of attention that bitcoin has, due to crackdown threats from local authorities.bitcoin rainbow tableApart from the SegWit and China angles, there are some other reasons why Litecoin might be pulling up now.Investors might be looking for stability.This sounds like a simple explanation to a puzzling phenomenon.Litecoin prices have been some of the most stable – if not the most stable – cryptocurrency prices for a long time.But then, the question would be why did investors wait until now to seek refuge in a more stable asset?

High risk/high reward moves based on unique information might be the answer to that question.While the markets were in turmoil and bitcoin dipped to just over $900 USD, investors made aggressive moves into other cryptocurrencies that have some innovative or exciting characteristics.Investors moved into zero-knowledge assets and assets that power smart contracts.Moving away from a bitcoin-like asset was the right move back then.Once the market was saturated, it was time to capitalize and move back to a bitcoin-like asset that doesn’t have the kind of political problems that bitcoin does.An asset that fits that description provides some degree of stability, and its name is Litecoin.Now Litecoin must solidify these gains.It must go beyond a “the closest to bitcoin” tag and carve its own niche in the market to sustain its gains.The potential is there.Of all the major cryptocurrencies, Litecoin is the only one this year that has not surpassed its previous all-time high – around $50 USD.