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Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) (Read 226790 times)

legendary
Activity: 1946
Merit: 1035
SO! For anyone else who has a DG1, if you're having issues connecting it to this pool - give this a shot!

Thanks for this info, I can confirm that I have been using this pool for 10+ years now and it has always been solid!
jr. member
Activity: 43
Merit: 12
hey there!

Long time fan of your pool! Always used it for literally all of my scrypt miners lol. Just wanted to point something out - my new Elphapex DG1's - for whatever reason..... will NOT connect to the pool on port 3333. After updating the FW and finding the same results - i figured I'd try other ports and on port 8080, it connects with no issue.

There was one time when I didn't put any failover pools in, the miner DID send shares to the pool which reflected on my account dashboard  -  but after about a minute it dropped the stratum connection stating:

This is a pretty solid miner compared to the rest of what is currently available (latest and greatest atm!) and I'm sure I'm not the only person who has encountered this (same thing happened to a buddy of mine down in Florida). And just to clarify - other scrypt miners at my farm all connect via 3333 without any issues at all, and this miner connects to other scrypt pools on port 3333. I gave it a shot on my home network with the same findings. Pretty bizarre.


SO! For anyone else who has a DG1, if you're having issues connecting it to this pool - give this a shot!



Cheers!
hero member
Activity: 838
Merit: 507
Add full support TLS and other i gain error connection timed out in port 3333

Not sure I understand what you're trying to say, but 3333 is the port for regular Stratum. Stratum over TLS is available on on port 3443, if your setup supports it.
newbie
Activity: 4
Merit: 0
Add full support TLS and other i gain error connection timed out in port 3333
newbie
Activity: 2
Merit: 0
jr. member
Activity: 35
Merit: 2
Hi Pooler ,

Request to please add dingocoin to merged mining pool. Pretty sure it deserves attention.

https://miningpoolstats.stream/dingocoin
newbie
Activity: 5
Merit: 0
Growing with good exchanges and has auxpow. Please add to merge mine:  https://miningpoolstats.stream/dingocoin
newbie
Activity: 18
Merit: 11
Just wanted to give your site a compliment.

Just started Litecoin mining recently. I've been testing on a variety litecoin/merged site, but I really like your layout. It's simple, but it's artfully beautiful. Everything on the page is relevant, no flashy bs. I really love it.

Thanks for your service!
legendary
Activity: 2814
Merit: 1091
--- ChainWorks Industries ---
Where may We find the Coins being Merged at any time? ...

More out of curiosity than necessity Wink

Right now we are mining Canada eCoin, Dogecoin, Earthcoin, Myriad, Pesetacoin, Viacoin.

Thanks pooler ...

I remember You from a LONG Time ago (Yes - Old is My new Name Wink hehehe).

Lots has changed from the early days, and so has the Pool (I used to Mine in the early stages with GPU's at the time). So glad to see that it HAS changed and improved by volumes.

Thanks for the Reply and info - I hope to join up again one day Wink

#crysx #cwi
hero member
Activity: 838
Merit: 507
Where may We find the Coins being Merged at any time? ...

More out of curiosity than necessity Wink

Right now we are mining Canada eCoin, Dogecoin, Earthcoin, Myriad, Pesetacoin, Viacoin.
legendary
Activity: 2814
Merit: 1091
--- ChainWorks Industries ---
Hi Team.

With Dogecoin being bias to PoS, is there any alternative to increase profitability, once LTC becomes a lone reward?

LTC+DGB for example?

Where may We find the Coins being Merged at any time? ...

More out of curiosity than necessity Wink

#crysx #cwi
hero member
Activity: 838
Merit: 507
Prior to netting that out, isn't network difficulty a part of that equation? How do I take that into account?

Network difficulty is part of the formula to compute the PPS rate, which you can find in the FAQ on the website.
newbie
Activity: 2
Merit: 0
I've been merge mining with litecoinpool for a year now and have quite a bit of data that I pull together in a Grafana dashboard. Recently, I've been trying to estimate my bottom line based on historical payouts, difficulty, market price, etc. I've been searching for the algorithm behind the litecoinpool calculator in an attempt to measure potential outputs over time. The values fluctuate fairly dramatically and thought it would be helpful for me to estimate payouts so that I can adapt to market changes. It'll help me manage the bottom line better.

My questions are:
- is that dumb (because of how drastic the values fluctuate)?
- if not, can anyone help me learn the backend math to calculate the profitability analysis?

I'd like to smooth that over time in Grafana. The API returns all the information (minus the input variables like estimated hash, power utilization, and power cost).

Any help with the algorithm?

It's pretty simple. The expected number of hashes over a period of time is average hashrate multiplied by time. You divide that by 65536 and you have the expected number of baseline shares. You then multiply by the price of a share (i.e., the PPS rate) and you get expected rewards in LTC. The formula for the PPS rate is in the FAQ on the website.

As for energy costs, it's even simpler, as energy is power (in kW) multiplied by time (in hours).

Thank you, pooler. One clarification..

The straight line estimate for expected rewards is: ("avg hashrate" * "time interval (in seconds)" / 65536) * "PPS rate"
The straight line estimate for power is: "kW used" * "time (in hours)" * "cost of power (in seconds)"

Prior to netting that out, isn't network difficulty a part of that equation? How do I take that into account?
hero member
Activity: 838
Merit: 507
I've been merge mining with litecoinpool for a year now and have quite a bit of data that I pull together in a Grafana dashboard. Recently, I've been trying to estimate my bottom line based on historical payouts, difficulty, market price, etc. I've been searching for the algorithm behind the litecoinpool calculator in an attempt to measure potential outputs over time. The values fluctuate fairly dramatically and thought it would be helpful for me to estimate payouts so that I can adapt to market changes. It'll help me manage the bottom line better.

My questions are:
- is that dumb (because of how drastic the values fluctuate)?
- if not, can anyone help me learn the backend math to calculate the profitability analysis?

I'd like to smooth that over time in Grafana. The API returns all the information (minus the input variables like estimated hash, power utilization, and power cost).

Any help with the algorithm?

It's pretty simple. The expected number of hashes over a period of time is average hashrate multiplied by time. You divide that by 65536 and you have the expected number of baseline shares. You then multiply by the price of a share (i.e., the PPS rate) and you get expected rewards in LTC. The formula for the PPS rate is in the FAQ on the website.

As for energy costs, it's even simpler, as energy is power (in kW) multiplied by time (in hours).
newbie
Activity: 2
Merit: 0
I've been merge mining with litecoinpool for a year now and have quite a bit of data that I pull together in a Grafana dashboard. Recently, I've been trying to estimate my bottom line based on historical payouts, difficulty, market price, etc. I've been searching for the algorithm behind the litecoinpool calculator in an attempt to measure potential outputs over time. The values fluctuate fairly dramatically and thought it would be helpful for me to estimate payouts so that I can adapt to market changes. It'll help me manage the bottom line better.

My questions are:
- is that dumb (because of how drastic the values fluctuate)?
- if not, can anyone help me learn the backend math to calculate the profitability analysis?

I'd like to smooth that over time in Grafana. The API returns all the information (minus the input variables like estimated hash, power utilization, and power cost).

Any help with the algorithm?

Thanks.
hero member
Activity: 838
Merit: 507
With Dogecoin being bias to PoS, is there any alternative to increase profitability, once LTC becomes a lone reward?
The pool is already merge-mining multiple chains, not just Dogecoin. The number of chains one can merge is practically unlimited, so Dogecoin dropping AuxPoW wouldn't really open up a spot for another chain.

LTC+DGB for example?
That cannot be done, since neither coin supports being mined as an auxiliary chain.
newbie
Activity: 2
Merit: 0
Hi Team.

With Dogecoin being bias to PoS, is there any alternative to increase profitability, once LTC becomes a lone reward?

LTC+DGB for example?
hero member
Activity: 838
Merit: 507
i lost my phone, who can i contact about my 2 factor authentication, cant log in without 2 factor

When you enabled 2FA, the website gave you a secret key and instructed you to write it down on paper and store it in a safe place. You can use this key to restore token generation on any device that can run Google Authenticator. You simply need to follow the same procedure to add an account to the authenticator, but instead of scanning a QR code you enter the key manually.

If you need further assistance, please contact support via email (the address is at the bottom of the Help page on the website).
newbie
Activity: 43
Merit: 0
i lost my phone, who can i contact about my 2 factor authentication, cant log in without 2 factor
hero member
Activity: 838
Merit: 507
when would it be possible to withdraw ltc to mweb addresses?

We plan to allow payouts to MWEB addresses as soon as Litecoin Core implements support for them in the creation of multiple-output transactions.
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