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Author Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org)  (Read 216781 times)
rmkb
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December 14, 2017, 07:28:31 PM
 #981

Hi,

A somewhat newbie to crypto mining and really just playing around as a hobby, I've been trying to get my gridseed miner working on the litecoinpool.org servers and seem to not be having much luck, cgminer detects the miner but I keep getting some errors and dont appear to be producing any hashes.Please see below. can anyone help or point me in the right direction... many thanks.

https://drive.google.com/file/d/1Lj7h8F5oy3DbTClbx94zyUZD7WZcyEpY/view?usp=sharing
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December 15, 2017, 12:32:15 AM
 #982

Hi,

A somewhat newbie to crypto mining and really just playing around as a hobby, I've been trying to get my gridseed miner working on the litecoinpool.org servers and seem to not be having much luck, cgminer detects the miner but I keep getting some errors and dont appear to be producing any hashes.Please see below. can anyone help or point me in the right direction... many thanks.


try cgminer v3.7.2 that's what it took to get gridseeds working on my system win10. Also for each gridseed you should be seeing 2 devices GSD0 and GSD1, 1 for each blade. Hope that helps.
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December 15, 2017, 12:49:46 PM
 #983

Waiting to join as well. Please reopen registrations soon. Thanks.
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December 17, 2017, 05:24:59 PM
 #984

Hello.  I'm a mining noob...scratch that, I'm not even a noob.  I'm looking at getting into LTC mining and would like to join the litecoinpool.  My question is, is it worth getting two Antminer l3+?  The advertised delivery date is approx Mar 2018.  Any advice for a noob looking at getting into LTC mining?  Thanks.
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December 17, 2017, 05:33:29 PM
 #985

Hello.  I'm a mining noob...scratch that, I'm not even a noob.  I'm looking at getting into LTC mining and would like to join the litecoinpool.  My question is, is it worth getting two Antminer l3+?  The advertised delivery date is approx Mar 2018.  Any advice for a noob looking at getting into LTC mining?  Thanks.

It is hard to say depend on your mining purposes. If you mine to hold then it may worth it but if you mine to get the current value of the LTC then it is very difficult to say by that time what is the price and difficulty of LTC. So nobody will know what we will get in March next year, anything can happen in the future as well.

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December 17, 2017, 05:46:23 PM
 #986

Hello.  I'm a mining noob...scratch that, I'm not even a noob.  I'm looking at getting into LTC mining and would like to join the litecoinpool.  My question is, is it worth getting two Antminer l3+?  The advertised delivery date is approx Mar 2018.  Any advice for a noob looking at getting into LTC mining?  Thanks.

It is hard to say depend on your mining purposes. If you mine to hold then it may worth it but if you mine to get the current value of the LTC then it is very difficult to say by that time what is the price and difficulty of LTC. So nobody will know what we will get in March next year, anything can happen in the future as well.

Thanks for the quick reply.  My choice is to buy an miner online and get it sooner but it will cost $4k....or I can wait until March and get 2 units for the same cost of entry.  I wish I decide to start this venture several months ago.
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December 17, 2017, 10:53:00 PM
 #987

Is it just me or is anyone else having issues connecting?
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December 18, 2017, 12:06:04 AM
 #988

>>  I'm a mining noob...scratch that, I'm not even a noob.  I'm looking at getting into LTC mining and would like to join the litecoinpool.  My question is, is it worth getting two Antminer l3+?  The advertised delivery date is approx Mar 2018.  Any advice for a noob looking at getting into LTC mining? 
>>  My choice is to buy an miner online and get it sooner but it will cost $4k....or I can wait until March and get 2 units for the same cost of entry.  I wish I decide to start this venture several months ago.

A L3+ has around 500Mh/s which gives you -- at the current difficulty!! -- 2.4LTC/mo, or, at the current rate of LTC ca 730USD. If nothing changed it would take you 6 months to recoup the costs of one L3+ now (at 4k$ + psu + shipping), or 3 months from march onwards, ending at the same time! Then the choice is easy, you want to go for 2 units in march and end with two units instead of one!! You will be much better off than the 4k unit now.

But of course reality is a lot more complex. The difficulty will drop. One month ago, the difficulty was 1/3rd of what it is now. The earlier in the game, the bigger the rewards. Right now it the difficulty is fairly stable, but once the next batch of L3+ hits the market, it will go up fast. If by March the difficulty is 3x what it is now it suddenly will take 9mo+ to recoup the costs, and if the LTC price has dropped back to 100$ it will take 27mo or over 2 years. By that time the difficulty has gone up so much that you probably will never recoup the costs unless LTC goes to the sky instead of south. And if you will depend so much on LTC going up you MUST consider buying LTC directly. You will benefit much more from short term gains and will be not more exposed on the downward side. You could consider buying 1 L3+ in march and already now buying LTC for 2k$. That would probably be a good hedge. If LTC doubles by march then you have your L3+ for free and get gains from day 1. If not well nothing is lost. If LTC goes south you still have a little value of the LTC holding instead of nothing.

That's my take, but don't follow my advice. Just use it to weight your options and what you really want. Also remember that an L3+ is a making noise, that you need a PSU!!, and that there are shipping costs etc. Also, once it is up an running and the initial excitement wanes off it gets really boring. The machine just runs and that's it. How much shares you get is totally predictable and only cross fingers that the difficulty does not rise too fast and LTC does not go south.  If you have a LTC holding AND a L3+ it is a bit more exciting as you can track one vs the other and see what investment is giving you the best returns as time goes by. If any. Good luck. And be prepared for that it all goes south and you effectively are left with nothing.
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December 18, 2017, 01:29:11 AM
 #989

Hi, I wanted to see how everything works just for fun and i set up a cpuminer on my Toshiba Laptop. I am averaging .72 KHash/s and am set up on a account on Litecoinpool.org linked to a litecoin wallet and everything. I seem to have done everything right knowing that i would be making next to nothing. even my command prompt looks like im getting the correct results BUT for some reason Litecoin pool is not showing even my tiny results. Everything is zero. Am i doing something wrong? just looking for advice from someone who has been doing this for a while or has done this before.Thanks
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December 18, 2017, 04:00:41 AM
 #990


That's my take, but don't follow my advice.

lennyNO, thanks for the insight.  You've given me a lot to think about.  I've also been in talks with 2 friends about making this a joint endeavor.  How does one forecast the difficulty?   
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December 18, 2017, 09:18:50 AM
 #991

Is it just me or is anyone else having issues connecting?

same here!
pooler
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December 18, 2017, 09:28:54 AM
 #992

Is it just me or is anyone else having issues connecting?

I'm not seeing any issues on our side, and the hash rate has been stable on all servers.

BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
wobbbbbbafet
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December 18, 2017, 04:59:02 PM
 #993

Hi, I wanted to see how everything works just for fun and i set up a cpuminer on my Toshiba Laptop. I am averaging .72 KHash/s and am set up on a account on Litecoinpool.org linked to a litecoin wallet and everything. I seem to have done everything right knowing that i would be making next to nothing. even my command prompt looks like im getting the correct results BUT for some reason Litecoin pool is not showing even my tiny results. Everything is zero. Am i doing something wrong? just looking for advice from someone who has been doing this for a while or has done this before.Thanks

you won't see any meaningful results mining from your CPU. If you're interested in mining as a hobby, take a look into the USB miner called the Gridseed or future moonlander 2.

But even then you wont really turn a profit, it would take months 7-8 months to mine 1 litecoin.
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December 18, 2017, 06:59:53 PM
 #994

>>  I'm a mining noob...scratch that, I'm not even a noob.  I'm looking at getting into LTC mining and would like to join the litecoinpool.  My question is, is it worth getting two Antminer l3+?  The advertised delivery date is approx Mar 2018.  Any advice for a noob looking at getting into LTC mining? 
>>  My choice is to buy an miner online and get it sooner but it will cost $4k....or I can wait until March and get 2 units for the same cost of entry.  I wish I decide to start this venture several months ago.

A L3+ has around 500Mh/s which gives you -- at the current difficulty!! -- 2.4LTC/mo, or, at the current rate of LTC ca 730USD. If nothing changed it would take you 6 months to recoup the costs of one L3+ now (at 4k$ + psu + shipping), or 3 months from march onwards, ending at the same time! Then the choice is easy, you want to go for 2 units in march and end with two units instead of one!! You will be much better off than the 4k unit now.

But of course reality is a lot more complex. The difficulty will drop. One month ago, the difficulty was 1/3rd of what it is now. The earlier in the game, the bigger the rewards. Right now it the difficulty is fairly stable, but once the next batch of L3+ hits the market, it will go up fast. If by March the difficulty is 3x what it is now it suddenly will take 9mo+ to recoup the costs, and if the LTC price has dropped back to 100$ it will take 27mo or over 2 years. By that time the difficulty has gone up so much that you probably will never recoup the costs unless LTC goes to the sky instead of south. And if you will depend so much on LTC going up you MUST consider buying LTC directly. You will benefit much more from short term gains and will be not more exposed on the downward side. You could consider buying 1 L3+ in march and already now buying LTC for 2k$. That would probably be a good hedge. If LTC doubles by march then you have your L3+ for free and get gains from day 1. If not well nothing is lost. If LTC goes south you still have a little value of the LTC holding instead of nothing.

That's my take, but don't follow my advice. Just use it to weight your options and what you really want. Also remember that an L3+ is a making noise, that you need a PSU!!, and that there are shipping costs etc. Also, once it is up an running and the initial excitement wanes off it gets really boring. The machine just runs and that's it. How much shares you get is totally predictable and only cross fingers that the difficulty does not rise too fast and LTC does not go south.  If you have a LTC holding AND a L3+ it is a bit more exciting as you can track one vs the other and see what investment is giving you the best returns as time goes by. If any. Good luck. And be prepared for that it all goes south and you effectively are left with nothing.

Nicely explained, I bought 2 x L3+ few months ago direct, cost me 13.5 BCH which is now worth £16k also based in U.K. Had 20% import tax and VAT in that situation should have kept the coin but its all a risk. Finally may get shipped end of March may take a few weeks to arrive, may get stuck in customs? You may not actually receive them till end April/early May next year
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December 18, 2017, 08:04:54 PM
 #995

Friends! I can't the 3rd day log in to account, write letters, click "forgot password" to reset password and nothing happens, no-one answers me, nobody tells me nothing! I did not change email on your account, if I hacked, why not taken any steps? no communication with support....

Today, the conclusion of the Lights button is missing... don't understand... what is with the ignoring


welcome, awww

someone answer me... Huh?
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December 18, 2017, 08:18:35 PM
 #996

Friends! I can't the 3rd day log in to account, write letters, click "forgot password" to reset password and nothing happens, no-one answers me, nobody tells me nothing! I did not change email on your account, if I hacked, why not taken any steps? no communication with support....

We answered all of the several emails that you've sent, and each time we've received an automatic reply saying (in Russian) "your letter has been delivered". If you haven't received our replies, something must be wrong with your email account.

BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
remont888
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December 18, 2017, 08:40:39 PM
 #997

how do I log in to my account? I left litecoin??? I again rechecked the mail and in the spam either, and I'm with You corresponded, kept coming back. Now not even recovery e-mail password when forgot the password, but I Password forgot..... Show me the letter that You sent... and the Crap that it would be possible to change the e-mail, but the question number one: HOW to LOGIN???
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December 18, 2017, 09:01:14 PM
 #998

how do I log in to my account? I left litecoin??? I again rechecked the mail and in the spam either, and I'm with You corresponded, kept coming back. Now not even recovery e-mail password when forgot the password, but I Password forgot..... Show me the letter that You sent... and the Crap that it would be possible to change the e-mail, but the question number one: HOW to LOGIN???

The email address linked to your account never changed, and the password reset procedure is working just fine. I see that you used it a few times, and every time we received the same automatic reply from your email address, stating that the "letter has been delivered". If you really did not receive our emails, I suggest that you check with your email provider. One possibility to consider is that your email account may have been compromised, so I'd suggest that you change your password.

BTC: 15MRTcUweNVJbhTyH5rq9aeSdyigFrskqE · LTC: LTCPooLqTK1SANSNeTR63GbGwabTKEkuS7
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December 18, 2017, 10:28:08 PM
 #999

Guys, my mail comes any correspondence with any address, now says: Too many failed login attempts. Please fill in the captcha. when I can enter without problems?

Send me an email and put here on the forum PrtSc. I don't quite understand Your answer: "please contact Your local service provider", All the letters missing, and Your letter hell decided provider not to miss, ain't it funny.
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December 18, 2017, 10:45:13 PM
 #1000

I did not change the password. Button Forgot Password? litecoinpool.org The button does not work...
just sent a request to recover the password, and nothing..

the inscription on Your site: Your password reset information has been sent to your email address.

can send, You mail All the images You generally receive from me letters?
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