P2Pool Litecoin node (LTC)
http://gomineit.no-ip.biz:9327/static/Stratum + LP support1% Fee Hosted Oregon,US
PPLNS
NO registration required, just point your miners and GO!
Basic command line / .bat file configs to help you get started
minerd -o
http://gomineit.no-ip.biz:9327/ -u <YOUR WALLET ADDRESS> -p <WHATEVER>
cudaminer -o
http://gomineit.no-ip.biz:9327/ -u <YOUR WALLET ADDRESS> -p <WHATEVER>
cgminer --scrypt -o
http://gomineit.no-ip.biz:9327/ -u <YOUR WALLET ADDRESS> -p <WHATEVER>
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Features that all P2Pool nodes offer:
•PPLNS
•No registration, Just start mining!
•Payout instantly whenever a block is found on any node.
•No minimum payout as long as you have an active share
•P2Pool pays the block reward AND all the TX fees in that block! Other pools keep the TX fees for themselves.
•No coins stored in the server's wallet. Better security. Payouts show up as a mined transaction.
•If node goes down, mine at another P2Pool node. No loss of PPLNS shares, other nodes guarantee your payout. Use other nodes as backups in your miner config.
What is PPLNS
Pay Per Last Number of Shares.
Let's use a car analogy. Say you start mining (step on the gas). When you begin, your PPLNS rate is low but increasing (speedometer starting from 0 and going up). After several hours, you will reach your actual PPLNS rate. If you increase your hash rate (step harder on the gas), it will take some time for your pay rate to adjust. When you stop hashing (remove your foot from the gas), your pay rate will slowly decline (coasting to a stop), until hours later it reaches 0.
PPLNS method of payment is hop proof because it takes longer to ramp up to your actual pay rate.
PPLNS is influenced by luck. Whenever P2Pool finds a block, all miners are paid instantly at their current pay rate. If P2Pool finds several blocks in a row, everyone is paid again and again and again at their current pay rate. If P2Pool doesn't find a block for a while, then no payouts are issued.
P2Pool Node is running PPLNS Reward System So it will take about 24 hours of Steady Mining to See your expected Full reward amount.
Remember put your LTC address as your username and anything as your password when pointing your miner at the P2Pool node
