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

[Wlbryce]

One word "solar" Im solar powered off grid time to learn to mine!
@wlbryce

[wmtomlinso1965]

Just a few short weeks ago, my 5 gigahash was earning me $25 a day.   Today I made less than $7

[Searing]

One word "solar" Im solar powered off grid time to learn to mine!
@wlbryce

I sent you a PM of why that is not gonna work in my area. I'm denied adding any extra and can't seem to go

off grid from my utility for mining. Seems to be no exceptions. So unless I want to mine extra electric to them

for free by being over capacity for my residential house use. ($90 a month which means anything I overproduce

over $9 they shoot back to me, they get to keep and put on the residential market and sell at 17.26c kWh. (Thus,

you see why I was looking into this). In other words, we CAN'T go completely off-grid (city and state zoning)

and a contractor can't build solar at a capacity over the 10%, your utility limits on your past year average, usage cap. I may be stuck indeed!

Well, that is not gonna happen. The last couple of years this is now the new normal before you did not have these constraints

on solar sell back or size of stuff.

I'm dorked!

Brad

[DrGee]

Moonlander issues- got it yesterday and it worked fine.tried to start mining and got notified something along the lines of----server.not found. probably entered url wrong.

thoughts?

[Bitcoin-Turkiye]

hello i found a 1 blocks but i cant recieved 12.5 LTC why?
 I need a different settings for solo mining?

Date and Time   Height   Difficulty   Status   Worker
2019-12-03 19:51   1,747,135   5,401,781.69   Confirmed   Serkan.3

https://blockchair.com/litecoin/block/bb3f9ff23538a61eb1d384227690dd4c447197aa5fbf2dac9957aaa5266bb3e3

 

[pooler]

hello i found a 1 blocks but i cant recieved 12.5 LTC why?

In pooled mining you get rewarded based on the shares you find, not blocks. Block subsidies are used to pay all miners based on how much work they contributed, irrespective of who found the block.

[Bitcoin-Turkiye]

hello i found a 1 blocks but i cant recieved 12.5 LTC why?

In pooled mining you get rewarded based on the shares you find, not blocks. Block subsidies are used to pay all miners based on how much work they contributed, irrespective of who found the block.

Thanks for info, Now that I have found 1 block, will I get an extra reward?

[pooler]

hello i found a 1 blocks but i cant recieved 12.5 LTC why?

In pooled mining you get rewarded based on the shares you find, not blocks. Block subsidies are used to pay all miners based on how much work they contributed, irrespective of who found the block.

Thanks for info, Now that I have found 1 block, will I get an extra reward?

No, there is no extra reward for finding a block. See also this FAQ entry.

[Nedsin]

Hey Guys i just have a short Question about this too screenshots:

https://i.ibb.co/WWpSqnP/minera.jpg
https://i.ibb.co/FJYft4R/ltcpool.jpg

Is this Right with 5,513 kh ?

Normal i would think that means 5,5 kh and not 5.5 mh like it should be ?

Im a little bit confused ...

Mining with Minera on RPi3b with 2 x Gridseed Blade & 1 x Gridseed Mini (not Working why ever, but this is another problem).


Thank you for Reading this

Best Wishes

Ned

[pooler]

Is this Right with 5,513 kh ?

Normal i would think that means 5,5 kh and not 5.5 mh like it should be ?

Im a little bit confused ...

In most (all?) English speaking countries, the comma is used as a thousands separator, and the point as a decimal separator. The pool follows this convention. So, for example, 1,234 = 1234 = 1.234k.

[Nedsin]

Oh my Goodness,
thanks for this Reply.
I`m from Germany and my English is normal not so bad, but this is absolut new for me.
Thanks for make my Horizon a bit bigger ...

Best Wishes

Ned

[AmDD]

Pooler, thanks for maintaining this pool for so long. Glad to see it still running strong.



Would you ever consider adding a 'solo' pool to litecoinpool.org? Nothing fancy, just a simple pool where people could solo mine and basically play a lottery. ckpool.org has one for Bitcoin at solo.ckpool.org and I thought you could do similar.
Thanks for the consideration.

[pooler]

Would you ever consider adding a 'solo' pool to litecoinpool.org? Nothing fancy, just a simple pool where people could solo mine and basically play a lottery. ckpool.org has one for Bitcoin at solo.ckpool.org and I thought you could do similar.

Thanks for your input. I'm personally open to the idea, but there doesn't seem to be a lot of demand (only a couple of people have asked for it over the past few years), and I'm not sure it would be high enough to justify the effort. I'll think about it. If anybody else would like such a service, please let me know (either on here or via email) so that I can gauge interest.

[Searing]

Would you ever consider adding a 'solo' pool to litecoinpool.org? Nothing fancy, just a simple pool where people could solo mine and basically play a lottery. ckpool.org has one for Bitcoin at solo.ckpool.org and I thought you could do similar.

Thanks for your input. I'm personally open to the idea, but there doesn't seem to be a lot of demand (only a couple of people have asked for it over the past few years), and I'm not sure it would be high enough to justify the effort. I'll think about it. If anybody else would like such a service, please let me know (either on here or via email) so that I can gauge interest.

Well, this is not good for your pool in Litecoin land. The latest (only?) new miner for sale scrypt-pow wise is the Innsilicon A6 at $2,000 respectively and if you get one

today you mine at a loss of -$2.18 USD per day at 10c a kWh. (my data hall rates includes all fees etc). This one is at a $2,000 price tag.

https://www.asicminervalue.com/miners/innosilicon/a6-ltcmaster

The Innsilicon A+ at a bit more at 1gh moe in speed you lose -$2.50 USD per day at its $3,000 price tag.

https://www.asicminervalue.com/miners/innosilicon/a6-ltcmaster

So I can safely say, well into 2020, that the ONLY pool I might join is a SOLO pool with my puny Bitmain L3+. This is IMHO something you should get right on. A SOLO pool for when the rest of

folk drop off your main www.litecoinpool.org site and use these for doorstops. This way at LEAST you get a portion of something if someone hits some blocks with equipment that would

otherwise, sit in the attic. I don't see this changing in any way shape or form until way into 2020 myself. It is that ugly. This again, would be a good fallback postion for folk to at least play the lottery!

Anyway, I'd drop one on a SOLO pool you would run immediately. As it is now not motivated by other solo pools so they sit in the attic.

Anyway, my 2 satoshi's worth.

Brad

edit: Again, I think the demand is 'hidden' from those who have gone off your pool. If you offered such a lot of us would  likely go 'what the hell' and at least fire ONE back up on such a pool. IMHO.

[AmDD]

Would you ever consider adding a 'solo' pool to litecoinpool.org? Nothing fancy, just a simple pool where people could solo mine and basically play a lottery. ckpool.org has one for Bitcoin at solo.ckpool.org and I thought you could do similar.

Thanks for your input. I'm personally open to the idea, but there doesn't seem to be a lot of demand (only a couple of people have asked for it over the past few years), and I'm not sure it would be high enough to justify the effort. I'll think about it. If anybody else would like such a service, please let me know (either on here or via email) so that I can gauge interest.

Honestly, my reason for reaching out is trust. Most people who choose a solo pool will either have MASSIVE hashrate or such a tiny amount they will never ever hit a block. Of those two, a majority will fall into the second group. With a tiny amount of hashrate, the odds of hitting a block are minimal and it would be easy for a pool operator to keep the rewards themselves and claim bad luck for the miner. I trust that you wouldnt do this so your pool would be one, if not the only that I would actually use. Looking back, my first payout from litecoinpool was almost 7 years ago and over that time you have earned my trust. Thanks for your consideration and your work for this community!

[Searing]

Would you ever consider adding a 'solo' pool to litecoinpool.org? Nothing fancy, just a simple pool where people could solo mine and basically play a lottery. ckpool.org has one for Bitcoin at solo.ckpool.org and I thought you could do similar.

Thanks for your input. I'm personally open to the idea, but there doesn't seem to be a lot of demand (only a couple of people have asked for it over the past few years), and I'm not sure it would be high enough to justify the effort. I'll think about it. If anybody else would like such a service, please let me know (either on here or via email) so that I can gauge interest.

Honestly, my reason for reaching out is trust. Most people who choose a solo pool will either have MASSIVE hashrate or such a tiny amount they will never ever hit a block. Of those two, a majority will fall into the second group. With a tiny amount of hashrate, the odds of hitting a block are minimal and it would be easy for a pool operator to keep the rewards themselves and claim bad luck for the miner. I trust that you wouldnt do this so your pool would be one, if not the only that I would actually use. Looking back, my first payout from litecoinpool was almost 7 years ago and over that time you have earned my trust. Thanks for your consideration and your work for this community!

That was also a point I forgot to mention: Trust. So I would drag out the Bitmain L3+ and solo mine it on a pool you ran, however....no real

motivation to do so now, but again, if you had such a pool, I think a lot of 'former' folks on your pool would jump on your solo pool just for giggles

(and maybe some winter heat in the basement)

Brad

[OldSchoolCPU]

I would be glad to see another solo LTC pool. Hopefully it could be a merged mining pool with DOGE, and get paid for the DOGE block as well as the LTC block, similar to ltc.TBDice.org pool payouts.
I have a mico farm (16 L3++ miners) and would point them here, it there were to be such a pool.

[Searing]

One word "solar" Im solar powered off grid time to learn to mine!
@wlbryce

How much Solar do you need to invest in the house to run (at least during the day) a Bitmain L3+ underclocked at 700 watts at 450mh rate?

I suspect it is much more than the worth doing this for either LTC or BTC. But curious, if you have solar how does something like this work out? (or not today?)

Brad

[dissi_xD]

Hi, i'm mining with a Raspberry Pi 4 on this miningpool with the cpuminer-multi from tpruvot. On the Raspberry it shows ≈1.92 kh/s per thread but on the website it shows 0 kh/s. Whats the problem? Can someone please help me? It's for a school project

[pooler]

Hi, i'm mining with a Raspberry Pi 4 on this miningpool with the cpuminer-multi from tpruvot. On the Raspberry it shows ≈1.92 kh/s per thread but on the website it shows 0 kh/s. Whats the problem? Can someone please help me? It's for a school project

Chances are that everything is working as expected. The pool is just unable to estimate such a low hash rate, because shares are submitted very infrequently even at minimum share difficulty. As explained on the website, trying to mine Litecoin with a CPU is kind of pointless these days. If it's just for research purposes, you would probably get better results setting up a full node and mining on testnet.