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

[PhaseIV]

Hey @pooler,

Love the pool and about to launch my 5th L7, and looking to get an L9 started as well.

The reason I've stayed with Litecoinpool the longest and want to continue supporting the pools hash rate compared to your competitors is strictly because of the data and the gui you've provided, it's engaging to feel like you're competing for positions on a leaderboard.

I love seeing total amounts of hash rate contributed over the lifetime of a machine and seeing all the blocks my specific miners have found.

On that note it would be super cool to see the amount of Doge blocks our miners have found to appear on another cell in the layout. Not sure how much work it would be but I celebrate every time I find an LTC block. Could be cool to see it for Doge as well, I'm sure we would see them pop up more frequently.

The second point I wanted to bring up is some mining re-salers are offering commission based incentives. If you buy a miner with the reseller, and use one of their affiliated pools, you get credit with the reseller overtime. Could be a good incentive to get more miners on board.

https://bt-miners.com/products/fluminer-l1-litecoin-dogecoin-miner-5-3gh-s-bt-miners/


If you scroll down on this link, you'll see the commission based incentives.

Cheers,
 
Keep up the good work!

[Architect_of_Time]

Love the pool and about to launch my 5th L7, and looking to get an L9 started as well.

The reason I've stayed with Litecoinpool the longest and want to continue supporting the pools hash rate compared to your competitors is strictly because of the data and the gui you've provided, it's engaging to feel like you're competing for positions on a leaderboard.

I love seeing total amounts of hash rate contributed over the lifetime of a machine and seeing all the blocks my specific miners have found.

On that note it would be super cool to see the amount of Doge blocks our miners have found to appear on another cell in the layout. Not sure how much work it would be but I celebrate every time I find an LTC block. Could be cool to see it for Doge as well, I'm sure we would see them pop up more frequently.

Cheers,
 
Keep up the good work!

I love this pool as well for some of the same reasons. The gui is simple, lightweight, and effective. Hasn't had a major update in years because there's not really anything new to add to it that would make it better. Meanwhile lots of pools (and websites in general) have re-vamped their UI to have fancy animated effects, dynamic backgrounds, multiple layers that slide over each other, etc, etc. It's visually noisy, more resource intensive, and frankly just doesn't look very good. A nice, (mostly) static page is a plus for me.

[poonasor]

Is there a list of all blockchains/coins currently being merge-mined? I feel like that would be interesting to look at.

On a (possibly) related note: Does anybody know what the recent jump in pps rate was caused by?

We don't maintain a public list, but right now we are merge-mining: Bells, Canada eCoin, Dingocoin, Dogecoin, Luckycoin, Myriad, Pepecoin, Viacoin, Worldcoin.

The recent jump in PPS rate was mostly due to the rise in price of LKY.

any plans to payout in more options than just ltc and doge?
i would like to see bells or luckycoin as an option

[pooler]

any plans to payout in more options than just ltc and doge?
i would like to see bells or luckycoin as an option

No, there are currently no such plans.

[Architect_of_Time]

I've been mulling over upgrading my miner recently and wanted to get some thoughts from real people who actually have some idea of what they're doing.

[insert huge wall of text here]

Just to make sure I'm doing everything right, am I not getting any replies to this because nobody really has the answers or advice, because this is the wrong place to ask for said advice, because it was in a huge wall of text that nobody wants to deal with reading through, or something else?

[Lercker]

Just to make sure I'm doing everything right, am I not getting any replies to this because nobody really has the answers or advice, because this is the wrong place to ask for said advice, because it was in a huge wall of text that nobody wants to deal with reading through, or something else?

To answer one of your questions:     https://www.akminer.com/, https://www.419mining.com/ or https://www.parallelminer.com/
I've bought from 419 & parallel in the past. Ak just come recommended by others but I have never used. There is also aliexpress but there is obvious risks there.
You might find better help for your questions on https://voskcointalk.com/.

[itech]

I've been mulling over upgrading my miner recently and wanted to get some thoughts from real people who actually have some idea of what they're doing.

I first joined the pool in March of 2015 playing around with CPU and GPU mining mostly for fun. I eventually got a pair of those 5 chip LTC+BTC dual miners (orb

to be continued....

stop experiments with power cables, remember that your miner run 24/7 and u not everytime at home.
Just pull 1-2 new 220V cable from the junction box.
If your boiler/water-heater has already 220V, then the junc.box is already prepared for 220V....
so just set two new MB16's for each 220V cable one MB16' device,  then u have all safe and one cable as reserve for the l7 or l9's if buy those.
Use minimum 2mm² cables better 2,5mm², because they dont get hot easy.  Dont use the same MB16/Mountpoint as your 220V Boiler/Heater
because it has probably enough KW/h if its an electric ones.


u can snooze the L3's with two additional 100mm or 150mm pipefan's and two DUCT's (3d printer) from 120mm to 100mm/150mm.
keep just an eye on the m³/h airblow!

https://www.ebay.de/itm/354876403200?_skw=rohrventilatoren&itmmeta=01JFNRJTP7EP3X9PFG178ST64J&hash=item52a0482e00:g:bDkAAOSwUbJkmp4L&itmprp=enc%3AAQAJAAAA0HoV3kP08IDx%2BKZ9MfhVJKnggZU2IPGO0gtaO8quzrRJWjJwKBKcfFzJKKBcfsJl3A%2B27DiAPdrfzDxFSW2rnxJwgIOCywPnB9uxJ2j43Tj%2BFCGCJ09deJUpEm%2FlF0RXdT4QpaN8qK5bMTNQ%2FjfcTXnBut9FuD9phYb6I7d4APddVz7vvF23l85VN%2B2P5gDMLQavjla6SS17%2B1IJKRLDgmHuW%2BAyP0xmjld0rDCY7%2Fupk3Aru4mfAJi2rsKNLH9JAAseBbU1d%2BKMC2QdYu3WCP8%3D%7Ctkp%3ABk9SR7Cry7j9ZA


https://www.ebay.de/itm/Kanal-Rohrventilator-Rohreinschub-Abluft-Lufter-Ventilator-Leise-100mm-150mm-/315971906787


this both are fine for L3's , just take one 100mm of the first link for BLOW-SIDE and one of the second link for the SUCTION-SIDE per one L3+/+ Miner. the cheaper one for the front/suction side both need 220V they are more than 50% quiet then the original FANs.  


u can also use some little  glass tanks or a building containing tanks for keeping fish and other water animals filled with Shell DIALA MINERAL OIL for immersion cooling a pump, two cooling devices for water cooling system and three 6" FANs per watercolling device to cooldown the oil, u need to dismount the FANs of the L3 or just cutting one cable per FAN then u dont need a extra cable wich fakes the FAN because the L3 dont has a immersion mode to bypass the fans for immersion cooling.


u can also use those pipefans for cooling the L7 and L9 but then in 150mm or maybe 200mm.
this pipefans are just 28/31 or 30/35 dB loud :-)



with blissz take 425MHZ and 13 (default) on Volting for significant Hashrate boost on the L3's (probably disable reboot on high asic failures, if ur mining on pps it does no matter.... just reboot the miner manualy every 24h because after 20-24hours the HW are uprising.



have fun  

[Auzhuntr]

I'll be turning off my miner now its 99% PPS. Was already running at a small loss, only mining to support the network.

[Lharrry]

Can you address recent allegations of you using users’ hashrate, for Pepe in particular, and not paying out to users in any form. Litecoinpool.org is the 2nd largest holder of Pepe with around $4 million dollars in value. I have seen my PPS go from 102% to 99% in the last week, so not sure if we’re being scammed out of our hashrate and Pepe rewards by litecoinpool.org?

[pooler]

Can you address recent allegations of you using users’ hashrate, for Pepe in particular, and not paying out to users in any form.

The pool pays out in LTC and DOGE exclusively, but at a higher PPS rate than you would get otherwise, by leveraging the output from all other merged chains, such as PEP. At any given point in time, the PPS ratio reflects what rate the pool offers to miners. Sorry if I'm stating something that you already know, but I think this piece of background information is crucial to understanding. (By the way, the latest news item on the website covers the subject more in depth if you haven't read it already.)

Litecoinpool.org is the 2nd largest holder of Pepe with around $4 million dollars in value.

Up until very recently, PEP (as well as a number of other coins) was worth very little. We were still mining it, though, and it was contributing a tiny amount towards an increased PPS ratio. We were not selling the mined PEP because 1) we didn't have a way to sell via the exchange platforms we worked with at the time, and 2) we didn't need to. In early December, the market price of PEP (and other merge-mined coins) rose dramatically, which in turn was reflected in a PPS ratio of up to 108%. By then we had accumulated a considerable amount of PEP, but the stellar valuation you mention is purely theoretical. I'm guessing it was obtained by multiplying the total amount by the current bid price. In practice, if we tried to sell any serious amount, the price of PEP would be driven back into the ground before we could dispose of even a fraction of it.

I have seen my PPS go from 102% to 99% in the last week,

Over the past few weeks, the market prices of PEP, as well as BEL, LKY, JKC, etc., have been going down rather sharply (whereas LTC and DOGE are holding relatively steady), and as a consequence the PPS ratio is now down to 99%.

so not sure if we’re being scammed out of our hashrate and Pepe rewards by litecoinpool.org?

The current PPS ratio is more than fair given the current profitability of merge-mined chains; in fact, it is very competitive even in comparison with pools that lack our track record.
If you are referring to the fact that you mined PEP back when it was near-worthless and were rewarded based on the price at the time you mined it rather than some higher price from the future, I don't think the criticism is sound. The pool's reward system has always been transparent and well documented. We've always made it clear that the pool doesn't pay out any minor merge-mined coins, and that in exchange for this miners get higher LTC and DOGE rewards than they would otherwise. If a miner wanted to get PEP back when it was cheap, because for some reason they had an inkling that its price would rise some day (I for one certainly didn't), they should have either bought it, or mined at a pool that paid it out directly.

[Lharrry]

Can you address recent allegations of you using users’ hashrate, for Pepe in particular, and not paying out to users in any form.

The pool pays out in LTC and DOGE exclusively, but at a higher PPS rate than you would get otherwise, by leveraging the output from all other merged chains, such as PEP. At any given point in time, the PPS ratio reflects what rate the pool offers to miners. Sorry if I'm stating something that you already know, but I think this piece of background information is crucial to understanding. (By the way, the latest news item on the website covers the subject more in depth if you haven't read it already.)

Litecoinpool.org is the 2nd largest holder of Pepe with around $4 million dollars in value.

Up until very recently, PEP (as well as a number of other coins) was worth very little. We were still mining it, though, and it was contributing a tiny amount towards an increased PPS ratio. We were not selling the mined PEP because 1) we didn't have a way to sell via the exchange platforms we worked with at the time, and 2) we didn't need to. In early December, the market price of PEP (and other merge-mined coins) rose dramatically, which in turn was reflected in a PPS ratio of up to 108%. By then we had accumulated a considerable amount of PEP, but the stellar valuation you mention is purely theoretical. I'm guessing it was obtained by multiplying the total amount by the current bid price. In practice, if we tried to sell any serious amount, the price of PEP would be driven back into the ground before we could dispose of even a fraction of it.

I have seen my PPS go from 102% to 99% in the last week,

Over the past few weeks, the market prices of PEP, as well as BEL, LKY, JKC, etc., have been going down rather sharply (whereas LTC and DOGE are holding relatively steady), and as a consequence the PPS ratio is now down to 99%.

so not sure if we’re being scammed out of our hashrate and Pepe rewards by litecoinpool.org?

The current PPS ratio is more than fair given the current profitability of merge-mined chains; in fact, it is very competitive even in comparison with pools that lack our track record.
If you are referring to the fact that you mined PEP back when it was near-worthless and were rewarded based on the price at the time you mined it rather than some higher price from the future, I don't think the criticism is sound. The pool's reward system has always been transparent and well documented. We've always made it clear that the pool doesn't pay out any minor merge-mined coins, and that in exchange for this miners get higher LTC and DOGE rewards than they would otherwise. If a miner wanted to get PEP back when it was cheap, because for some reason they had an inkling that its price would rise some day (I for one certainly didn't), they should have either bought it, or mined at a pool that paid it out directly.

Thank you for the explanation. I watched a YouTube video alleging you robbed users, along with reading numerous comments saying you scammed us, and your clarifications help.

[JayDDee]

Thank you for the explanation. I watched a YouTube video alleging you robbed users, along with reading numerous comments saying you scammed us, and your clarifications help.

It's the Giuliani technique, show something perfectly normal that most people don't understand, take it out of context,
build a nefarious story around it and claim it's a scam.
I'm sure it got a lot of youtube views which was the whole point. Truth doesn't matter, only views, likes & clicks.

[BOSSZD]

Thank you for the explanation. I watched a YouTube video alleging you robbed users, along with reading numerous comments saying you scammed us, and your clarifications help.

It's the Giuliani technique, show something perfectly normal that most people don't understand, take it out of context,
build a nefarious story around it and claim it's a scam.
I'm sure it got a lot of youtube views which was the whole point. Truth doesn't matter, only views, likes & clicks.

You betrayed the miners. The profits are yours, but the risks are the miners'. In the name of mining LTC and Dogecoin, use the miner's computing power to mine BELLS, LKY, PEP and JKC. Earn hundreds or thousands of times profit and still want to keep it all to yourself.
I was very happy when I saw your mining pool’s computing power dropped from 300T to 100T. You turned your back on the miners, and the miners turned their backs on you.

[Architect_of_Time]

Thank you for the explanation. I watched a YouTube video alleging you robbed users, along with reading numerous comments saying you scammed us, and your clarifications help.

It's the Giuliani technique, show something perfectly normal that most people don't understand, take it out of context,
build a nefarious story around it and claim it's a scam.
I'm sure it got a lot of youtube views which was the whole point. Truth doesn't matter, only views, likes & clicks.

You betrayed the miners. The profits are yours, but the risks are the miners'. In the name of mining LTC and Dogecoin, use the miner's computing power to mine BELLS, LKY, PEP and JKC. Earn hundreds or thousands of times profit and still want to keep it all to yourself.
I was very happy when I saw your mining pool’s computing power dropped from 300T to 100T. You turned your back on the miners, and the miners turned their backs on you.

I think you may have missed or misunderstood literally every part of this discussion. Nobody was "betrayed", no profit has been withheld from miners, no revenue is being kept for any single person.

[itech]

Hello friends.
I have 3 miners L3+ (vnish 3.9.1):
miner.1    340 MH/s
miner.2    170 MH/s
miner.3    370 MH/s
How and what difficulty should I set in miners and how to do it using my workers as an example? Or leave it automatic?

cryptori, flash blissz firmware to your L3's, set frequency to 425 and voltage to 13 (bitmain default).

then they make 580 MH/s each if all chains are good

I have expensive electricity and a consumption limit. Therefore, I reduced the voltage of the power supply from 12 to 8.5 volts. It turned out to be 1.03 W / MH, 30% more economical than at 12 volts.

iTechx8xgsy.x1 567.4 MH/s     
iTechx8xgsy.x2 689.3 MH/s    
iTechx8xgsy.x3 428.0 MH/s     (3 chains active)       
iTechx8xgsy.x4 775.8 MH/s   



my L3's

[itech]

I'll be turning off my miner now its 99% PPS. Was already running at a small loss, only mining to support the network.

  got 0.41 cent per kw/h in germany and still running.... mining is passion, MINING TO THE MOON!

Current Speed           2,165 MH/s    (rank 3098, faster than 52%)
Daily Average           2,099 MH/s    (last 24 hours)
Weekly Average           1,519 MH/s    (last 7 days)
Monthly Average   1,410 MH/s    (last 30 days)
Total work done           7,819 TH            (rank 38470)
Blocks found                 0   

Donations to DU7ZR6cBLtQVN4MtxchvC1Eei8x9t7aohr for DOGE and MUzwreaK2JXPqAJns2WoFAo34zYBoss2w5 for LTC for still running asics at 0.41 cent per kw/h  

[itech]

Thank you for the explanation. I watched a YouTube video alleging you robbed users, along with reading numerous comments saying you scammed us, and your clarifications help.

It's the Giuliani technique, show something perfectly normal that most people don't understand, take it out of context,
build a nefarious story around it and claim it's a scam.
I'm sure it got a lot of youtube views which was the whole point. Truth doesn't matter, only views, likes & clicks.

You betrayed the miners. The profits are yours, but the risks are the miners'. In the name of mining LTC and Dogecoin, use the miner's computing power to mine BELLS, LKY, PEP and JKC. Earn hundreds or thousands of times profit and still want to keep it all to yourself.
I was very happy when I saw your mining pool’s computing power dropped from 300T to 100T. You turned your back on the miners, and the miners turned their backs on you.

I think you may have missed or misunderstood literally every part of this discussion. Nobody was "betrayed", no profit has been withheld from miners, no revenue is being kept for any single person.

 

if all merged alternate coins would come to payout direct, then u have to cover the exchange rates etc. for yourself, what in hell is the benefit of this ? nothing! I like that litecoinpool.org only payout LTC and DOGE they are way more steady then the alternates and i dont have to exchange an anmount of 'XX' coins each payout period. just look at PPS RATE and RATIO u can cleary see that nobody was "betrayed" gtfo^^ and take a look at other pools, example kryptex they also merge nearly the same alternates as litecoinpool.org but only payout Litecoin, they stake DOGE and the other alternates merged coins for 24h and then payout a higher anmount of LTC. For this 24h each day u are mining u cant exactly says what profit u made done..... thats a  way more suspicious option to manage payouts i think  then anything here at litecoinpool.org. In the end, remember u dont need to stay here if u think u get betrayed, its up on YOU to switch off your miners and look for another pool wich fits better to your opinion, and then we WIN WIN because Less users/workers Less Difficulty on Network = higher profit (significant for the lower 50% of the users on the Current Top Hashers ranking list!) Maybe u should try FULLSOLO Mining....soo no one can betray u!  


99%PPS is fair enough! Remember that litecoinpool.org dont take any other fee's, other pools has a 1-3% Pool Fee.... so even 97% would be fair enough....

I was very happy when I saw your mining pool’s computing power dropped from 300T to 100T. You turned your back on the miners, and the miners turned their backs on you.

i would be very happy if u could switch on your brain before typing nonce .......

[dogmcoin]

Hello litecoinpool !
It is recommended to add Dogmcoin (DOGM) merged mining.
As a developer of DOGM, I don’t want to see any mining pool monopolize it.

https://miningpoolstats.stream/dogmcoin

[dogmcoin]

DOGM is the only true son of DOGE, and anyone can verify the authenticity using blockchain explorers!

https://chainz.cryptoid.info/dogm/#!rich

[Architect_of_Time]

I've been tuning my L3's recently and I have a few questions I was hoping someone could clear up?

1) Are HW errors, rejected/stale shares, etc factored into the reported average hashrate on the miner's status page? In other words, if I have my miner clocked really fast but it's getting way to many HW errors, will it still report a really high hash rate or will it display an "effective" hash rate that is basically all the work done per unit time excluding HW errors?

2) My understanding as far as determining if your HW errors are too high is that the best metric to use is the Nonce# HW error %. I seem to recall that this should be fairly low, but what is a good upper limit to aim for?

2.5) Am I correct in assuming that the DiffA# HW % field is representing the percentage of difficulty=1 equivalent shares (each share multiplied by it's difficulty) that was/would have been accepted but was instead wasted because of a HW error?

3) I'm keeping logs in a spreadsheet of certain metrics for different tuning parameters and calculating other things to use to evaluate how well those parameters perform. One of those is HW/min which is calculated by taking the number of HW errors per board and total and dividing by the total runtime. Is this a reasonable/meaningful way to measure/estimate how much farther I can push a given board/machine (Ie, increasing clock speed or lowering voltage) before it starts to produce an unacceptable amount of HW errors? Are there other things I should be recording/calculating?

4) What is the meaning of the Local Work, Utility, and WU fields?

5) I always assumed the "best share" field is showing what the maximum network difficulty the best share/hash computed by the miner could have been if the miner were to have found a block. In other words, if the best share field read "500,000" then that would be like saying "If the network difficulty were 500,000, the best hash found would have satisfied the requirements to solve/create a new block". But I frequently see the best share field displaying a number substantially greater than actual global network difficulty. Is this because I misunderstand what that field means?

here's a picture showing a sample of what I'm talking about in some of these questions.
https://imgbox.com/ix01KdiM
https://ibb.co/X55mCFv