Post
Topic
Board Pools (Altcoins)
Re: [ANN] The First Litecoin PPS Pool (litecoinpool.org)
by
dahchael
on 01/06/2019, 01:50:34 UTC
Why is the share value half & the difficulty doubled now?
Cost more to mine than buy LTC with your pool now. Is there an error in the share price listed?

Thanks




Since nobody has done it yet, I'm launching a pure pay-per-share Litecoin pool. As you probably know, this system has several advantages:

  • No penalty for orphaned blocks.
  • Predictable income: you are no more subject to bad luck.
  • Rewards are instantly credited to your account (you don't have to wait for a block to be solved or confirmed).
  • You can be sure that the pool operator is not cheating (because you know how many shares you submit).
  • Immunity to pool hopping.

This method results in the least possible variance for miners.

Other features include: (updated)

  • Exclusive ultra-low-latency Stratum implementation, written in C for maximum performance
  • Support for Stratum over SSL/TLS, to prevent MITM attacks
  • Support for extensions to the Stratum protocol, including resume, suggest_difficulty and suggest_target
  • Adaptive share difficulty (“vardiff”)
  • Geographically-distributed, redundant servers
  • Detailed stats updated every minute
  • Detailed history of earnings and payouts
  • Per-worker performance graphs
  • Automatic and manual payouts
  • Email notification of idle miners
  • Two-factor authentication support
  • Extensive JSON API and mobile interfaces
  • Website and mining interface also accessible as Tor hidden services
  • Lightweight interface

Since September 11, 2014, the pool supports merged mining of Dogecoin and other cryptocurrencies, resulting in higher payouts than with a regular Litecoin pool.
As of January 2018 we are merged-mining Argentum, Canada eCoin, Dogecoin, Huntercoin, Myriad, Pesetacoin, Viacoin.

https://www.litecoinpool.org/

Feedback and feature requests are very welcome! Smiley