BTCPedia

Bitcoin News Journal

List of Litecoin Mining Pool

Advertisements

Bitcoins are so often viewed as an electronic gold with Litecoins be seen as silver. It was now time to be seen. Fact is, the electronic currencies in recent years are coming in strong. The Litecoin market is growing, rising exchange rates. The digital currency Litecoin has experienced a meteoric rise in recent months.

Litecoin Mining Pool

As you know Litecoins are generated by CPU / GPU mining (check our guide here). In order to solve Litecoin algorithm, a huge amount of computational power is required. Since a block is awarded to single person, it is nearly impossible for a single person to achieve a block. Pooled mining allows a lot of different people contribute to generating a block, and the reward is then split among them according to their processing contribution. Litecoin mining pool works same as bitcoin mining pool. Following is the list of some of most famous and trustworthy pools with their reward type.

Name Reward Type * Website
NetcodePool.org PPLNS  Link
WeMineLTC.com RBPPS Link
PooledBits PPLNS Link
LitecoinRain.org PPLNS  Link
CrypDough.com PPLNS Link
LiteBonk.com PPLNS Link
give-me-ltc.com PPLNS Link
OzCoin DGM Link
suprnova.cc Proportional Link
Litepool.eu PPLNS Link
Pool-X.eu PPLNS Link
P2Pool PPLNS Link
Ecki Co LTD PPLNS Link
NuKingsMiningCo PPLNS Link
burnside’s Pool PPLNS Link
Mining Foreman PPLNS Link
CoinPool PPLNS Link
yalp.no-ip.org PPLNS Link
litecoinpool.org PPS Link
LTCMine.ru PPS Link
Coinotron RBPPS Link

Reward Type *

  • Proportional – When a block is found, the reward is distributed among all workers proportionally to how many shares each of them has found.
  • PPLNS – Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
  • PPS – Pay Per Share. Each submitted share is worth a certain amount of litecoins. It is risky for pool operators, hence the fee is highest.
  • RBPPS – Round-Based Pay Per Share. Like PPS, but payouts are delayed till a block is found and confirmed by the network. If a found block gets orphaned, earnings relative to it are not paid.
  • SMPPS – Shared Maximum Pay Per Share. Like PPS, but never pays more than the pool earns.
  • RSMPPS – Recent Shared Maximum Pay Per Share. Like SMPPS, but aims to prioritize the most recent miners.

/ Source /

Advertisements


Comments ( 7 )

Have Something To Say ?

  1. Litecoin-Deutsch May 5, 2013 Reply

    Hi,

    you have great blog Post about would be nice if you write some think about the pool fees a lot of user don´t know where to look after before joining a pool.

    Greats

  2. Adam May 15, 2013 Reply

    Hey would you mind adding my pool? http://www.multipool.in, pplns, 0% fee.

    Thanks!

  3. fcmatt May 31, 2013 Reply

    I also have a LTC mining pool running: http://lite.coin-pool.com PPLNS 0% fee.

  4. guugll July 29, 2013 Reply

    Hi, i have p2pool in Prague – Czech Republic – Europe : http://www.guugll.eu:18327

  5. LTCRabbit August 1, 2013 Reply

    https://www.ltcrabbit.com is a great new, stable PPS litecoin pool. Maybe you want to add it to your list.

  6. Jedi December 18, 2013 Reply

    Hi there

    You have invalid record about pool LitecoinRain.org.
    It uses PPLNS for reward calculation.
    You can check it by yourself
    Please correct.

    • Vinay Prashar December 22, 2013 Reply

      Just edited

Leave your comment here