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Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 11. (Read 227554 times)

copper member
Activity: 2898
Merit: 1465
Clueless!
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) Smiley

Brad
legendary
Activity: 1027
Merit: 1005
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!
copper member
Activity: 2898
Merit: 1465
Clueless!
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. Smiley

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.
hero member
Activity: 842
Merit: 507
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.
legendary
Activity: 1027
Merit: 1005
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.
newbie
Activity: 2
Merit: 0
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
hero member
Activity: 842
Merit: 507
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.
newbie
Activity: 2
Merit: 0
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
hero member
Activity: 842
Merit: 507
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? Smiley

No, there is no extra reward for finding a block. See also this FAQ entry.
sr. member
Activity: 1667
Merit: 271
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? Smiley
hero member
Activity: 842
Merit: 507
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.
sr. member
Activity: 1667
Merit: 271
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

 
newbie
Activity: 2
Merit: 0
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?
copper member
Activity: 2898
Merit: 1465
Clueless!
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
newbie
Activity: 3
Merit: 0
Just a few short weeks ago, my 5 gigahash was earning me $25 a day.   Today I made less than $7
newbie
Activity: 5
Merit: 0
One word "solar" Im solar powered off grid time to learn to mine!
@wlbryce
copper member
Activity: 2898
Merit: 1465
Clueless!
We need more than 102% PPS after halving, please =(

At current prices, a buddy figured that you need to be mining LTC at less than 4c kWh or at this difficulty and price points the boat don't float.

Also, you can buy Innsolicon 30TH 2,200 watt miners at $900 with $50 shipping to the USA. They would arrive after September 1st, 2019. Thus

they would be under the new Trump administration tariffs. So on top of the 25% Tariff, this would be an additional 10% tariff along with import fees

that comes out to 37.6% import fees. Thus the above (I think legit) offer above of an Innsolicon 30TH 2,200 watt BTC miner for $950 with shipping

after the above tariffs, this comes out to $1,307.20 (Note: the $50 shipping was also included in import fees and tariff because though not right/fair

on all miners FedEx or DHL this always seems to be the case, so just going with that view)

That boat doesn't float at 10c kWh very well here in the USA anyway for LTC mining.

On top of that, everyone that is in a NON-VAT (Europe has a VAT tax) or Tariff on China (like the USA with its 37.6% with import fees added).

Well, hard to compete, if say you can meet the above 4c kWh or below electric costs and/or get equipment above all day long at $950 compared to the

EU or USA all day long.

ugly, ugly, ugly!

Something better break price-wise or difficulty wise with Litecoin or we won't be sweating the www.litecoinpool.org percentage difference from 101%

to 102% or whatever. We will be playing Submarine, price wise, which I assume everyone and myself is doing now.

If you do have under 4c kWh electric, let me know, I may fly there and check it out for hosting! (alas! scammers will now flock to pm me)

What I really need is an 'honest' buddy in Mexico, buy ASIC equipment of any flavor and ship to Mexico and have him frigging LEGALLY just drive the 'used' stuff

across the border to another buddy in Texas!

Alas! No balls!

Brad
full member
Activity: 263
Merit: 101
Authorized Gunbot reseller > gunbot.vip
We need more than 102% PPS after halving, please =(
full member
Activity: 263
Merit: 101
Authorized Gunbot reseller > gunbot.vip
Hello. Two of the four l3+ stopped connecting to the pool. Setting up my account on the pool?
All good for me, watch u settings in admin panel.
newbie
Activity: 71
Merit: 0
Hello. Two of the four l3+ stopped connecting to the pool. Setting up my account on the pool?
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