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Author Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org)  (Read 219066 times)
Searing
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July 26, 2018, 02:34:09 AM
 #1221

That network hashrate has been bonkers lately. I really am starting to believe that bitmain is "testing" some new miners. What do you guys think?


Likely...I got out of mine at 5,350 USD sold the equiv of 16 L3+'s with Bitmain PSU's ..and feel lucky I got that...

but that was my bet...Bitmain being evil and all ..new equipment...thou if they are using the R3 chip like their USB hub miner there will not be THAT much

of a hash increase...we will see

but again I'm out (whew!)

brad


I actually just picked up an A4+ (becausse screw bitmain), and its been making a profit with low energy costs. But something is definitely funky...I saw bitmain tweet out today about a new transparency initiative. Its pretty laughable but we will see what happens in the next few months. I'll be mining until then!


I have a 'theory' on pow-scrypt mining right now

1) You 'probably' should take the money you have, that you want to apply to ASIC's from anybody, and just HODL it in the crypto of your choice

and hope for a pump...unless BTC goes from 8k to 10k well what is the point of getting equipment NOW..you take that cash now ..put it in an equip fund

and wait maybe for the next generation of miners (or not) and stay away from pre-orders....with bitmain mining pow scrypt in the meantime with new equip that don't work at all.

say you toss in 4K ...if it does go to 10k you now have 5k then you can look around and test the waters..but YOU don't have to put it in equip at that point...choices..

2) doing it this way...IF BTC dumps back to 6k say...you likely should not have gotten a miner of any ASIC flavor anyway...and you have either cash or crypto for your troubles

not a 'doorstop' miner. So, if I'm making sense, IF you are betting on a PUMP to make mining work and get an ASIC miner, make the coin work for you and ride it up ..then make your

decision at say a 20% gain in value (hopefully) and cash or whatever to use ..as the 'fund' towards next-generation equipment (which has it's own figuring out if worth it)

and again...if it dumps back to 6k you will be glad you did the above..in that you are not holding the bag on a doorstop or pre-order.

3) Myself, UNLESS I am 'excited' about a product like I was this last April on L3's from China with LTC at 4.15 a coin or something where I see it as something, to do. I really need to do

...I will simply take out a 4-8k loan from the bank and do it that way....not touch my crypto. In other words, if it is NOT worth a 'bank loan' to do. Then don't!

The logic has to follow the risk.

4) You probably should just HODL the coin...at least IMHO till next year or next generation ASIC stuff with ASIC makers taking your coin and you get it as a pre-order 3-4 months later and

the Bitmain monopoly..driving the difficulty up ...while they mine the new equipment in the meantime...well that ain't gonna fly anymore..have a plan.

5) also in my view, as a toy, I'd likely only be interested in FPGA type of machine like Baikal x10 or some such ..1 shot pony, 1 coin miners of BTC etc...just don't

cut it for me anymore...modifying the miner for making mining new algos they can program is attractive...not sure it will happen, but attractive.

e) IF you have stuff in the attic that you will die with ...and want to make the attic a rec room and get say 4k that way....and  use it to fund a wild shot at a

miner go for it...No risk...make your attic (empty) into a rec room and the house value goes up 10k or something. (I should do this) that kinda logic works for this.

but anyway, my take on this...I will have to be 'woo'ed' flowers/candy/romance/dancing....not gonna just fall on my back and let Bitmain have their way with me anymore

just saying Smiley If the math/timing etc don't work well enough, for me to go to the bank (like I did this last April 2017 for 12k and get L3's etc) ..

then it probably is not worth getting the miner, any miner, any mnfg, any ASIC flavor...ie I take my 'crypto' ball and go home.

These days, as they pop out ASIC miners from 'everyone' like toasters.

So if the price is gonna go from 8k to 10k 'save' crypto etc as above. Then consider a miner after you maybe build your stash say 25% or some such on the pump.

If BTC price goes 'sideways' at 8k ...again, no need to get a miner, more reason to wait for next generation or other types of miners/ASIC's or whatever.

IF BTC dumps in price to 6k. Obviously, getting a miner before that would be a 'regret'

Also, I use BTC here as a payment option, and the fact Altcoins follow the price of BTC up/down/sideways..but the HODL coin options work for any crypto with the above

I need motivation enough that I go to the 'evil' banker again and take out a LOAN, if that doesn't cool my jets, then ya, likely I should get the miner.

 Again, I have to be 'wooed' damn it! Smiley

anyway, my take

Brad















 

 

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August 06, 2018, 01:56:01 AM
 #1222

Ive noticed that the share efficiency has been lower than normal recently. Is there a particular reason for that? Does it have to do with the variability in hash rate that we have been experiencing? Are there any planned updates to increase the share efficiency?
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August 06, 2018, 03:02:30 AM
 #1223

Ive noticed that the share efficiency has been lower than normal recently. Is there a particular reason for that? Does it have to do with the variability in hash rate that we have been experiencing? Are there any planned updates to increase the share efficiency?

As far as I can tell the global share efficiency hasn't moved substantially recently, it's still floating around a 99.5% average.
There isn't much to be done in terms of updates to increase this figure, as pool-side latency is already quite minimal. Most of the latency is due to network communication and miner software.

BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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August 19, 2018, 07:40:26 PM
 #1224

Hi,
a little DNS favour to ask.

At
https://www.litecoinpool.org/help

you have:
Code:
stratum+tcp://litecoinpool.org:3333 (Europe)
stratum+tcp://us.litecoinpool.org:3333 (US East Coast)
stratum+tcp://us2.litecoinpool.org:3333 (US West Coast)
stratum+tcp://ltcpool5brio2gaj.onion:3333 (Tor hidden service)

Is it possible to make EU.litecoinpool.org which leads to same servers
like litecoinpool.org? I mean when using geo DNS for specific locations
its lovely to see where it goes. Thanks.

Oh btw, litecoinpool.org have 3 DNS records
but www.litecoinpool.org have just 2.

Code:
litecoinpool.org.       300     IN      A       88.80.187.187
litecoinpool.org.       300     IN      A       149.210.234.234
litecoinpool.org.       300     IN      A       144.76.222.140

vs

Code:
www.litecoinpool.org.   300     IN      A       158.69.196.61
www.litecoinpool.org.   300     IN      A       144.76.222.140
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August 20, 2018, 06:20:26 AM
 #1225

Is it possible to make EU.litecoinpool.org which leads to same servers like litecoinpool.org?
Can do.

Oh btw, litecoinpool.org have 3 DNS records but www.litecoinpool.org have just 2.
Different services. The former is for mining, the latter is for the website.

BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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August 20, 2018, 09:40:38 PM
 #1226

Thanks you very much for "EU". I mean I honestly appreciated this.
It mades (our) internal pool seting process clear.

Code:
eu.litecoinpool.org.    300     IN      A       88.80.187.187
eu.litecoinpool.org.    300     IN      A       144.76.222.140
eu.litecoinpool.org.    300     IN      A       149.210.234.234
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August 25, 2018, 06:23:32 PM
 #1227

Hello, my account got hacked. Same username as here. The problem is that now they also have my e-mail account so I can't recover anything. If you can message me here to help out that would be great
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August 25, 2018, 06:49:29 PM
 #1228

Hello, my account got hacked. Same username as here. The problem is that now they also have my e-mail account so I can't recover anything. If you can message me here to help out that would be great

Jk my bitcointalk account got hacked as well, RIP

If my account cannot be recovered please take my remaining litecoins as a donation to your great site
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August 25, 2018, 07:25:24 PM
 #1229

Hello, my account got hacked. Same username as here. The problem is that now they also have my e-mail account so I can't recover anything. If you can message me here to help out that would be great
Jk my bitcointalk account got hacked as well, RIP

We received your email and replied shortly thereafter, but I assume the reply got intercepted by whoever got control of your email account.

I am going to suspend all payouts for this account until the case is clearly resolved. Luckily none of your balance has gone to the intruder so far.

If you can regain exclusive access to your email, we might be able to work things out. By the way, you may have to consider the possibility that your computer got entirely compromised, so you should proceed very carefully.

BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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August 25, 2018, 07:55:48 PM
 #1230

Hello, my account got hacked. Same username as here. The problem is that now they also have my e-mail account so I can't recover anything. If you can message me here to help out that would be great
Jk my bitcointalk account got hacked as well, RIP

We received your email and replied shortly thereafter, but I assume the reply got intercepted by whoever got control of your email account.

I am going to suspend all payouts for this account until the case is clearly resolved. Luckily none of your balance has gone to the intruder so far.

If you can regain exclusive access to your email, we might be able to work things out. By the way, you may have to consider the possibility that your computer got entirely compromised, so you should proceed very carefully.

Hey thanks, I did regain my email account and was able to reset my password. Yeah my entire PC was comprised, I think it was a photoshop torrent I had downloaded, just a heads up for others. I'm using keepass from now on
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August 25, 2018, 08:05:28 PM
 #1231

Hello, my account got hacked. Same username as here. The problem is that now they also have my e-mail account so I can't recover anything. If you can message me here to help out that would be great
Jk my bitcointalk account got hacked as well, RIP

We received your email and replied shortly thereafter, but I assume the reply got intercepted by whoever got control of your email account.

I am going to suspend all payouts for this account until the case is clearly resolved. Luckily none of your balance has gone to the intruder so far.

If you can regain exclusive access to your email, we might be able to work things out. By the way, you may have to consider the possibility that your computer got entirely compromised, so you should proceed very carefully.

Hey thanks, I did regain my email account and was able to reset my password. Yeah my entire PC was comprised, I think it was a photoshop torrent I had downloaded, just a heads up for others. I'm using keepass from now on

Yup that's me Smiley I also made a second account unreal2 and moved my miners there for the time being. Thanks for your help!
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September 01, 2018, 11:35:29 PM
 #1232

Is it possible to let litecoinpool to support AIB as merge mining for sCrypt?

Is it currently got 500G hash, wish more to secure the network.
and it is has a volume to sell out on tradesatoshi.




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September 03, 2018, 05:31:37 AM
 #1233

104%...woo-hoo!!  Shocked
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September 10, 2018, 11:04:02 AM
 #1234

107% pps... Cheesy
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September 10, 2018, 12:50:01 PM
 #1235

Obviously a lot of miners have switched off
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September 15, 2018, 01:54:20 AM
 #1236

Even at 107% litecoin mining operations are still losing money. The difficulty is still way to high. I don't see how these guys can keep going and losing money.
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September 15, 2018, 09:42:18 AM
 #1237

Even at 107% litecoin mining operations are still losing money. The difficulty is still way to high. I don't see how these guys can keep going and losing money.

I suppose Hydro costs have a lot to do with it.  For example, at this difficulty I hit the break-even point at around $64CDN.
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September 15, 2018, 03:54:24 PM
 #1238

I am 11 cents a kWh. What is your rate?
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September 16, 2018, 07:24:41 AM
 #1239

I am 11 cents a kWh. What is your rate?

Right now it's at $0.0826CDN per kWh, but that will likely be going up soon.  Sad
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