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1  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] The First Litecoin PPS Pool (litecoinpool.org) on: February 13, 2018, 09:58:51 PM
Hi I am new and have a question. I have a USB ASIC (Moonlander 2) on order but started mining yesterday just using CPU miner and my gaming PC while I wait for the ASIC to get a feel. CPU miner is hashing away but only occasionally shows a share which results in a payout. I had about 4 in a hour last night but today 90min with nothing. Is this idle time so it is just casting around for a share or is it actually mining anything that will result in a payout? When I get my ASIC I assume I will get many, many more shares.
FYI not bothered about the economics as I work from home and work pay for internet and electricity.
any info appreciated.
Rob

Using a CPU or GPU is really pointless with the difficulty as it is.  I had the same FutureBit Moonlander 2 for a couple weeks and resold on ebay.  The ML2 even if overclocked will only get you about 4.8 MH/s.  This means you need to run 24/7 for about 3-4 weeks before you will gain enough LTC to meet the minimum payout of 0.01 LTC ($1.50 USD).  I really only used the ML2 to learn about mining, BFGMiner, and which pools were the most profitable.  Once learned I sold them while the re-sale price was still about $100/ea.  Using a CPU or GPU, the energy you use to move the mouse and keyboard strokes are more than you will EVER earn using this method.  I upgraded to the Antminer L3+ and am seeing about $11.00/day at current prices.
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