Can someone help me out here?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpgCould someone also tell what each of these statistics means?
Where it says "Your Valid" that 6.9 million, is the number of shares you will get, when a block is found. The "Your Invalid" are the 26 million stale shares you submitted. Add the value " --no-submit-stale" to your bat file,
You will receive your share of coins, when a block is found. So far this pool has only found 3 LTC Blocks in all its history.
The LTC Estimates say you will get 21 of the 50 coins if a block is found right now.
You're the user that ran up almost 7 million shares and 26 million invalid shares in a very short time. Do you mind saying what equipment and hashing power are you using to do that?
Thanks
Hello, thanks for explaining. I do not have any mining hardware. I was experimenting with nicehash and rented Scrypt hashing power from them.
I am not sure if I was following the right method since there seems to be 26 million invalid shares.
Since I do not have my own hardware, can i receive my share of coins to any ltc address? I have updated the address at the automatic payout field.
Where else can I mine litecoin profitably since you said only 3 LTC block has been mined in all history?