Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: oscer on February 04, 2012, 05:24:07 AM



Title: Litecoin , PushPool , Simplecoin
Post by: oscer on February 04, 2012, 05:24:07 AM


Ok so i must be missing something simple ..

Got all the configs setup and i believe correct ...

Except One thing simplecoin i don't think can talk to litecoin without modification ?

I think it has something to do with bitcoinController files

Any insight would be appreciated


Title: Re: Litecoin , PushPool , Simplecoin
Post by: ThiagoCMC on February 05, 2012, 06:42:42 PM
P2Pool is your pool!!  ;)


Title: Re: Litecoin , PushPool , Simplecoin
Post by: oscer on February 05, 2012, 07:07:20 PM
P2Pool is your pool!!  ;)

I hear you  but i wanted to setup a private pool  i have a office i manage and at nite it mines Litecoins at around 400 Kilohash  not to mention my 100 at home



Title: Re: Litecoin , PushPool , Simplecoin
Post by: ThiagoCMC on February 05, 2012, 09:34:42 PM
P2Pool is your pool!!  ;)

I hear you  but i wanted to setup a private pool  i have a office i manage and at nite it mines Litecoins at around 400 Kilohash  not to mention my 100 at home


Your own P2Pool instance IS your private pool too.  ;)


Title: Re: Litecoin , PushPool , Simplecoin
Post by: wndrbr3d on February 06, 2012, 05:25:31 AM


Ok so i must be missing something simple ..

Got all the configs setup and i believe correct ...

Except One thing simplecoin i don't think can talk to litecoin without modification ?

I think it has something to do with bitcoinController files

Any insight would be appreciated

Simplecoin 5 (or latest clone of git) can talk to Litecoin with no issue. Double check your setting in ./includes/requiredFunctions.php

If you're setting up a private pool like I am, honestly, just roll with Pushpool, MySQL and myPHPAdmin to poke into the DB. After spending the last couple days trying to hack Simplecoin to be a good front-end, I decided it was too much work to get that SOB working for my own personal use.

I was thinking about setting up a public pool using the setup (since my pool instances live on Amzon EC2), but with the volatility of LTC + overhead costs associated with running a pool (even with ~2% fee), it'd be a gamble and in the end, I doubt I could make a profit.

The math in my head would only work out if I had some sort of hosting setup where the additional cost of running a LTC pool would be $0 additional. Even a large pool like Litecoinpool.org pulls in 2% on PPS, and at their current 6,000Khahs/sec, that comes out to 120Khash or about 50 LTC/day income from just running the pool.

Kinda a rambling reply, but I thought it might help you and others in our situation. :)

Cheers!  :)


Title: Re: Litecoin , PushPool , Simplecoin
Post by: oscer on February 07, 2012, 01:04:48 AM


Ok so i must be missing something simple ..

Got all the configs setup and i believe correct ...

Except One thing simplecoin i don't think can talk to litecoin without modification ?

I think it has something to do with bitcoinController files

Any insight would be appreciated

Simplecoin 5 (or latest clone of git) can talk to Litecoin with no issue. Double check your setting in ./includes/requiredFunctions.php

If you're setting up a private pool like I am, honestly, just roll with Pushpool, MySQL and myPHPAdmin to poke into the DB. After spending the last couple days trying to hack Simplecoin to be a good front-end, I decided it was too much work to get that SOB working for my own personal use.

I was thinking about setting up a public pool using the setup (since my pool instances live on Amzon EC2), but with the volatility of LTC + overhead costs associated with running a pool (even with ~2% fee), it'd be a gamble and in the end, I doubt I could make a profit.

The math in my head would only work out if I had some sort of hosting setup where the additional cost of running a LTC pool would be $0 additional. Even a large pool like Litecoinpool.org pulls in 2% on PPS, and at their current 6,000Khahs/sec, that comes out to 120Khash or about 50 LTC/day income from just running the pool.

Kinda a rambling reply, but I thought it might help you and others in our situation. :)

Cheers!  :)

I own a webhosting company also ... ill check out simplecoin 5 thanks