Mining litecoins since October 21, 2011
Fresh to Litecoin mining? Read our Beginner’s Guide!
Welcome to the very first true pay-per-share (PPS) Litecoin pool. Some of our key features:
- Sensational ultra-low-latency Stratum server implementation, written ter C
- Support for Stratum overheen TLS, to prevent MITM attacks
- Merged mining (AuxPoW) of several altcoins, paying out ter litecoins
- Support for the resume extension to Stratum
- Adaptive share difficulty (“vardiff”), with support for manual tuning
- Network of 8 geographically-distributed, redundant servers
- Detailed stats updated every few seconds
- Email notification of idle miners
- Fee-free automatic and manual (instant) payouts
- Two-factor authentication support
- Webstek and mining interface also accessible spil Tor hidden services
- Extensive JSON API
The Prize System
Every valid share you submit to this pool is instantly credited to your account at the current pay-per-share (PPS) rate. This rate, voiced te litecoins, also takes into account merged-mined coins such spil Dogecoin, resulting ter higher payouts than a regular Litecoin pool. Thanks to merged mining, you have to pay no toverfee, te fact, your earnings may even be higher than with a 0-fee PPS system.
This is not a PPLNS, SMPPS or RBPPS pool: wij always pay for your work, even if the pool has not yet solved enough blocks to voorkant the earnings generated. On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from the Litecoin network, and therefore yield no prize. A PPS pool, on the other arm, takes on the risk of bad luck so you don’t have to overeenkomst with variance and orphaned blocks.
A Bit of History
LitecoinPool.org wasgoed began shortly after the birth of Litecoin by Pooler, who is well known te the community spil a member of the Litecoin core development team and for being the maintainer of the cpuminer software package. Since the very commence, the pool used ad-hoc software: Pooler wrote the vuurlijn end entirely from scrape, with security and efficiency ter mind, while the mining back end wasgoed originally a heavily-modified version of Jeff Garzik’s pushpool. After two weeks of intensive testing, on November Five, 2011 the pool opened its doors to the public, becoming the very first PPS pool for Litecoin. Ter April 2012 LitecoinPool.org also became the very first pool to support variable-difficulty shares, a technology zometeen dubbed “vardiff” by Bitcoin pools, permitting miners to drastically reduce their network bandwidth usage.
Thanks to its advanced features and its reliability, the pool quickly attracted a very high number of miners, to the point that during the very first half of 2012 it often constituted overheen 40% of the entire Litecoin network. Due to centralization concerns, it wasgoed determined to temporarily close fresh registrations, zometeen ter 2012, registrations were reopened, but have since bot subject to approval.
Ter August 2013 the back-end software wasgoed entirely redesigned and rewritten from scrape to implement advanced efficiency and scalability optimizations that Pooler devised after implementing support for the Stratum protocol te cpuminer. This fresh implementation makes LitecoinPool.org the very first Litecoin pool based entirely on software written from scrape, and the very first pool to implement extensions to the Stratum protocol such spil “resume”, “suggest_difficulty” and “suggest_target”.
Te September 2014 LitecoinPool.org also became the very first Litecoin pool to opoffering secure mining overheen TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.
Wij wish to thank all the people who have, directly or indirectly, contributed to the development of this pool. Ter particular, many thanks go to (te alphabetical order): coblee, DeLorean731, Derringer, diki, g2x3k, Graet, guruvan, inlikeflynn, jgarzik, LittleDuke, piperitapatty, pontius, rTech, shawnp0wers, ssvb, terrytibbs, WKnight, Xurious.
If you are serious about Litecoin mining then you need to get an ASIC miner which can be bought at Bitmain or BitcoinWare. Checking out EBay for used miners might also be worth a attempt.
Once you are te possession of your Antminer and ended its physical setup, its time to open the miner’s web-interface ter your browser. If you have trouble doing this, wij recommend watching this movie which outlines the entire L3 setup process from commence to finish.
- Navigate to the “Miner Configuration Tab” inwards the Antminer’s web-interface and come in stratum+tcp://ltc.poolmining.org:3042 spil the Url for Pool 1.
- Now come in your Litecoin address te the “Worker” field of the very first pool. If you don’t know your Litecoin wallet address, read this section very first
- If you are mining on numerous machines/equipments, you can append an identifier of your choice to your wallet address seperated by a dot to make it lighter to distinguish inbetween your equipments when evaluating your results. Example: <,WALLET ADDRESS>, . <,OPTIONAL WORKERNAME>,
- Click “Save”
- You are now good to go to commence mining
Getting a Wallet
Before you can begin to mine you need to create a wallet. Albeit Litecoin is a digital asset, you still need a place to store them. This is done ter a digital wallet. There are numerous methods to obtain a wallet which vary by ease of use and the security they provide.
Leegloop is the a desktop multi-asset wallet with built ter ShapeShift support for converting inbetween crypto-currencies. The application is convenient to use available for Windows, macOS and Linux. One of the best features of this multi-currency wallet the client-side encryption of your private keys which means you stay ter total control of your keys which never leave your machine ter unencrypted form.
A hardware wallet is a special type of wallet which stores the user’s private keys ter a secure hardware device. Hardware wallets suggest sturdy safety features for storing cryptographic assets and securing digital payments. Popular hardware wallets are the Ledger Nano S and the Trezor.
Another possibility is to create a wallet at LiteVault. Please make sure to instantaneously backup your wallet keys after creating a wallet. Wij recommend using a password store such spil KeePass or 1Password for that.
For long-term storage of Litecoin you should create a cold storage wallet. A cold-storage wallet is enormously secure if you guard your monero private key by storing it te a password vault such spil KeePass or LastPass or printing it out and depositing the sheet ter a real canap vault.
Registering with an exchange
There are numerous digital currency exchanges you can register with. Registering with an exchange permits you to create a wallet on the exchange for every currency the exchange supports. Registering with an exchange is most likely the most convenient way to obtain a wallet. Unluckily it is also the least secure one. Exchanges have bot hacked te the past!
Popular exchanges supporting Litecoin are: Bittrex, Poloniex, Openleggen, Bitfinex and HitBTC.
Anonymous solo Litecoin &, Dogecoin mm mining pool based on ckpool form Technobit
TBDice automatically takes your litecoin address and gives you a unique stratum connection mining to your own address.
LTC: If you find a block, 99.5% of the 25 LTC + transaction fees get generated directly at your litecoin address!
DOGE: If you find a block, 95.0% of the Ten 000 DOGE+ transaction fees get generated directly at your doge address!
All you need to confirm you are mining to your own address is to examine the coinbase and template sent to you overheen stratum.
When you find a block, just go after the verbinding ter blocks pagina to dual check where the coins went.
Mining URL: stratum+tcp://tbdice.org:13333 or stratum+tcp://tbdice.org:13334
s(bf)gminer -o stratum+tcp://tbdice.org:13333 -u LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud.0 (your LTC address.worker number -p x:DFeviTwbDbJXgjPRS6zxe74Z4hodvRrTKP (your password:DOGE address). This configuration is recommended.
MutliSig addresses kicking off with Three are decently supported.
Set your username to your LTC address with any or even no worker extension, and any password.
If you come in an invalid address it will be overlooked and earnings will be generated to the following address: LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud and be considered a pool donation.
If you do not waterput a DOGE address te the password the DOGE earnings will be generated to: DFeviTwbDbJXgjPRS6zxe74Z4hodvRrTKP and be considered a pool donation.
All invalid user names for LTC will turn Crimson on Users pagina, if you have no address for DOGE te the password the MM address on the Users pagina will say Pool. If you have it juist it will say Self.
s(bf)gminer -o stratum+tcp://tbdice.org:13333 -u LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud.0 (your LTC address.worker number -p x:DFeviTwbDbJXgjPRS6zxe74Z4hodvRrTKP:[email protected]:type=Y (your password:DOGE address:Your mail address:type=postive rechtschapen number).
The type=Y can be one (or sum) of flowing: 1 receive notification for all DOGE blocks found by your worker, Two receive notification for all LTC blocks found by your worker, 16 receive notification for worker disconnect events and 32 receive notification for worker authorize events.
For example: type=1 you will be notified for fresh DOGE blocks only, type=Three (1+Two) you will be notified for both DOGE + LTC blocks or type=51 (1+Two+16+32) will activate all four notification events and so on. It is up to you to chose any combination of the above. Utter example: s(bf)gminer -o stratum+tcp://tbdice.org:13333 -u LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud.0 -p x:DFeviTwbDbJXgjPRS6zxe74Z4hodvRrTKP:[email protected]:type=51
Please Note: On numerous worker disconnect events within 60 sec time framework only the last event will be mailed. Same applies for authorize event also.
Pool, Miners and Workers Stats:
All pages are showcasing LTC difficulty. Te order to match the numbers to your s(bf)gminer stats you will need to multiply corresponding diff values by 65536. Please be noted that there might be some errors +-1% due to rounding.
The pool is configured to begin you mining at 128 difficulty.
The pool supports difficulty setting inwards your password. The format is: diff_xxxxxxx:(DOGE address), where xxxxxxx can be any positive oprecht value. For example s(bf)gminer -o stratum+tcp://tbdice.org:13333 -u LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud.0 -p diff_2048:(your DOGE address) will begin you mining at 2048.
The fresh diff can be used when you are renting equipment which requires higher difficulty setting, or you need your diff to be exactly power of two or whatever other reason you might have.
You can use this ordinary formula to find out your kicking off difficulty: Example speed te MH / 1.Four / 1000 * 65536. Example for 300MH it would be 300 / 1000 / 1.Four * 65536 = 14043.42 which equals to -p diff_14043. To be on a safe side you can use next power of two oprecht value, which is: loom base Two(14043.42) = 13.77 = pow(Two,14) = 16384. Unless there is no particular reason please do not set your diff inwards password string. The pool wagen adjusts vanaf example difficulty to maintain a share rate of approximately Three shares vanaf Ten seconds.
The fresh diff feature sets your worker minteken difficulty limit also. Poll will not adjust your worker diff below it. The current worker difficulty is available on workers pagina.
All miners <, 0.4Mh – 400 Kh, voorwaarde use diff_16 to avoid pool idle disconnects.
Please Note: DOGE difficulty retargets every block, so it is presently ranging inbetween 13,000 and 33,000 ter very brief intervals of time. This means it is possible to get a best share of 28,243 when DOGE difficulty is 32,000, and a few minutes zometeen someone finds a block with only a 21,542 share when DOGE difficulty is Nineteen,482.
The pool toverfee is divided spil goes after:
0.5% LTC block prize goes to pool LTC address LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud to operate the pool.
Five.0% of DOGE block prize goes to pool DOGE address DFeviTwbDbJXgjPRS6zxe74Z4hodvRrTKP to operate the pool.
Pool: LTC address LUNyycVonDH9aQMZn1fxyUeu8N3yS8w7ud
Pool: DOGE address DFeviTwbDbJXgjPRS6zxe74Z4hodvRrTKP
Con Kolivas: BTC address 14BMjogz69qe8hk9thyzbmR5pg34mVKB1e
Wij’d like to give special thanks to:
Con Kolivas – Core project lead, maintainer, author of ckpool and libckpool.
Mark – Strong pool supporter who helped us with webpagina language and style.
Andrew Smith – Maintainer and author of ckdb. TBDice.org is not using ckdb yet.
Luke Dash Jr and his team. The “live pool stats idea + some js” were adopted form eligius.st.
What is the Best Litecoin Mining Pool ?
Bitcoin are often viewed spil the digital gold and Litecoin being its omschrijving te Silver. With the surge ter price recently, the digital currencies are coming te strong. Since Litecoins are generated by mining, big amount of computational power is required to solve the algorithm. The days of solo mining is near to unlikely now. The crypto-currency miners group together their processing power and commenced pool mining, with the objective of generating a block, and the prize is then split according to processing contributions. There are a number of mining pools. I will list out some of the famous and trustworthy pools for Litecoin mining with their prize types, connection url and port.
P2Pool knots require no registration. Anyone can connect to it by using your LTC address spil username and anything spil the password. Due to the nature of P2Pool, the knots are also interchangeable, which is why it is a good practice to set few ter your miner spil a backup for failover backup.