[ANN] The First Litecoin PPS Pool (litecoinpool.org)

[layyen]

Hi Pooler,
Can I ask you for account for my girlfriend please (2x270x (960khash) ?  I have account on your pool for very long time, and its the best
thanks very much

[pooler]

Hi Pooler,
Can I ask you for account for my girlfriend please (2x270x (960khash) ?  I have account on your pool for very long time, and its the best
thanks very much

Please follow the official procedure to apply for an account.
http://www.litecoinpool.org/register

[bwstacker]

I was mining Litecoin back in the day of cheap coins and choose to mine bitcoin instead boy I am sorry for this I would be rich could have bougt at .05 of 1. US dollar too And didn't with 4 bitcoin. Your pool is the best Pooler. I wish I would have stayed mining here from the begging. What till $100 Litecoin. It is coming. Bitcoin under attack. You doors will be open to serve them in rescue. I have to admit You know how to run a good pool " High WU". Thanks again.















                                                                                                                                      bwstacker1.1

[precrime3]

Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.

[Trestle]

Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.

 You should take a look at the date on the first post in the thread this pool has been around a long long time.

[precrime3]

Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.

 You should take a look at the date on the first post in the thread this pool has been around a long long time.

November 2011.... Idk how long ltcrabbit has been out
Previous statement retracted.

[xingqiaoyin]

Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.

LOL...
second funniest after the guy who said ckolivas knew nothing about bitcoin.

[precrime3]

Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.

LOL...
second funniest after the guy who said ckolivas knew nothing about bitcoin.

was not trying to be funny

[BretRensselaer]

Litecoinpool is a well designed and managed operation.

However, the Litecoin notion seems to be a Ponzi scheme. The rewards accrue only to the early investor, miners or buyers.

Litecoin prices have slipped from the mid $20s to ~$11. Litecoin convertibility is clumsy. Litecoin conversion to Bitcoin is merely from one Ponzi scheme to another.

The euphoria of the cryptocurrency bubble is gone. Analysis, skepticism and exposure are pervasive.

To use a well worn cliche, it's time to make money the old fashioned way... to earn it. Mining doesn't make anything... it doesn't earn anything.

I'm disappointed that Bitcoin, Litecoin and other cyptocurrencies have succumbed to common sense. I, for one, hoped for more, but hope is neither a plan nor a strategy.

The potential rewards are exceeded by cost of the equipment and power used. The value of Litecoin is trending toward worthlessness. The equipment and power might be better spent searching for cancer cures, SETI, clean water, etc.

[BretRensselaer]

A superficial search with Google finds Bit-, Lite-, Tag-, Doge-, Vert-, Peer-, Master-, Name-, Aurora-, and Prime-coin. Cyptocurrenicies are commoditized, that is, there is little differentiation among them, e.g., rice, beans, pork bellys.

Is there enough interest or room in the cryptocurrency marketspace for all of these -coin variants?  Most likely, not.  Most of them will be poorly subscribed and conversion to other currencies will be problematic. Their growth and profit potential is already circumscribed.

How many cryptocurrencies will survive the consolidation of the marketspace?  One? Two? Bitcoin and Litecoin? Most likely nothing else will survive. The bubble euphoria has passed. There are not enough new customers (suckers) to fuel the bubble.

Bitcoin and Litecoin's strength has been the lack of a central administration or control point. But that is also their weakness. Consider the Tesla brand of electric cars. Tesla promotes and vigorously protects the brand and its image. It immediately counters every criticism and threat. Bitcoin and Litecoin have been overwhelmed by events and attacks. It will take years or forever for the brands to come back.

I realize that cryptocurrencies are speculative, but they have become high risk and very low reward -- very unattractive.  A passively managed index fund, e.g., Vanguard S&P 500, easily out performs Bitcoin or Litecoin over a five year horizon.

Now, I know that many of us are disappointed at the outlook. Do I wish the outlook was growth and profit? Of course. I wish a lot of things. I wish we had outdoor air-conditioning. I wish camel poop tasted like spicy hummus. But guess what? It doesn't.

[gsupp]

A superficial search with Google finds Bit-, Lite-, Tag-, Doge-, Vert-, Peer-, Master-, Name-, Aurora-, and Prime-coin. Cyptocurrenicies are commoditized, that is, there is little differentiation among them, e.g., rice, beans, pork bellys.

Is there enough interest or room in the cryptocurrency marketspace for all of these -coin variants?  Most likely, not.  Most of them will be poorly subscribed and conversion to other currencies will be problematic. Their growth and profit potential is already circumscribed.

How many cryptocurrencies will survive the consolidation of the marketspace?  One? Two? Bitcoin and Litecoin? Most likely nothing else will survive. The bubble euphoria has passed. There are not enough new customers (suckers) to fuel the bubble.

Bitcoin and Litecoin's strength has been the lack of a central administration or control point. But that is also their weakness. Consider the Tesla brand of electric cars. Tesla promotes and vigorously protects the brand and its image. It immediately counters every criticism and threat. Bitcoin and Litecoin have been overwhelmed by events and attacks. It will take years or forever for the brands to come back.

I realize that cryptocurrencies are speculative, but they have become high risk and very low reward -- very unattractive.  A passively managed index fund, e.g., Vanguard S&P 500, easily out performs Bitcoin or Litecoin over a five year horizon.

Now, I know that many of us are disappointed at the outlook. Do I wish the outlook was growth and profit? Of course. I wish a lot of things. I wish we had outdoor air-conditioning. I wish camel poop tasted like spicy hummus. But guess what? It doesn't.

I don't see how any of that has to do with litecoinpool.org's Litecoin PPS Pool, which is what this thread is about.

[bwstacker]

   +1 gsupp, If we want to mine , we will mine. I personal do at it this poll because I like it. Screw the price. I want litecoin. And this pool is killer. Thanks again for such great pool, Pooler.

     BretRensselaer, Litecoin and Bitcoin will recover from all of this crashing sooner or later. And all of the adopters will reap great earning, There is to much great tech. knowledge within those 2 coins to let it go to waste. The governments are the problem. But If you have done any real reasearch , you would know that governments are interest in it and it is all not in a bad way. Encryptional uses are great things for goverment use. Maybe just the signing of a message and a payment look at the greaty use that it could have if used for good . We could even pay rent if Bitcoin was real currency.

[BretRensselaer]

Litecoin prices continue to slip. Does mining make sense any longer? Can the fixed cost of a rig be recovered?  Can the variable cost of power be recovered?

[flat4power]

Hi,

I read you have a JSON API
Is it possible to have a link or documentation ?
I would catch LTC network hashrate and current difficulty

thanks for your help

[fcmatt]

I think something just happened with the pool. I got an idle notification which tipped me off something was up.
Pool hash rate looks to have taken a drop above and beyond variation...

Anyone else seeing a problem?

my miners pointed to us.litecoinpool.org having the problem. work fine when pointed to litecoinpool.org tho and
i see shares being counted. us.litecoinpool.org..  not being counted.

[yochdog]

I think something just happened with the pool. I got an idle notification which tipped me off something was up.
Pool hash rate looks to have taken a drop above and beyond variation...

Anyone else seeing a problem?

my miners pointed to us.litecoinpool.org having the problem. work fine when pointed to litecoinpool.org tho and
i see shares being counted. us.litecoinpool.org..  not being counted.

Having the same issue.  Hope the operator looks into this ASAP! 

[leoragraves666]

I hope we get some asic miners otherwise the pool will die out. Time to maybe open registering again?

[xzempt]

how about some type of idle worker notification??

[BretRensselaer]

Why has Litcoin's price plunged from the low US$30s to less than US$8.00 in less than six months?

Perhaps there is room for only one crypto currency in the world?

 

[matt4054]

Perhaps there is room for only one crypto currency in the world?

Perhaps there is hardly any room even for a single crypto currency in the world today

Hopefully things can change with a unified legal framework in the future.

Also, many technical shortcomings are still asking for a fix.

In hindsight: too much speculation, too little action.