The time has come to finish mining btc.
Can anyone tell me , which pool is the best to start with, what wallet etc.
i.e. with btc, there is shit going on with spv and chinese pools, is it similar issue here?
any ltc pools which i should avoid?
Looks like im convert
thanks for any info
The Chinese dominate the mining scene in LTC. If you think its bad in BTC...about 75% of the total hash power on the LTC network is located in China, and mining on Chinese pools. In fact there are really only a handful of scrypt ASIC producers, all of them located in China. Its not a great situation but its not as bad as some people make it out to be. There is no incentive for the Chinese miners to harm Litecoin, they stand to lose more than anybody else. IMO this is just the result of a free market...the only people who saw profit in producing scrypt asics reside in China. They're either smarter than the rest of us, or we're all just lazy.
As a new miner you should stick to litecoinpool.org
(where I'm currently mining) or if you don't mind a small pool, https://www.wemineltc.com/
As for a wallet, Litecoin Core works just fine and you can download the bootstrap file to speed up the blockchain sync. Otherwise if you're ok with an SPV client the Electrum LTC wallet is very good. I assume when you say "shit going on with spv" when referring to Bitcoin you're talking about some of the proposed changes (RBF for example) that could make SPV clients unstable. None of that is going on in Litecoin. SPV clients are just fine, and are not under threat.