[ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 13.

pooler

hero member

Activity: 848

Merit: 507

Quote from: ?? on ??

Hello, and why PPS decreased from 102% to 101%

Same reason as always: the relative profitability of merge-mined chains changed.

Quote from: https://www.litecoinpool.org/help#faq

How and when does the PPS ratio change?
The PPS ratio depends on factors such as the current network difficulty and market price of merged-mined cryptocurrencies. Since these elements can be highly volatile, the ratio can change at any time.

pooler

hero member

Activity: 848

Merit: 507

Quote from: fchin77 on June 17, 2019, 03:35:40 PM

Quote from: pooler on June 17, 2019, 12:52:00 AM

Quote from: fchin77 on June 16, 2019, 07:24:06 PM

Can I use my Litecoin wallet address that I created through CoinBase to get paid while mining?

You can, but it's not recommended. See this FAQ entry.

Thank you so much for the info. I just downloaded the core wallet from Litecoin.org and generated an address for my pool account. Would this be good enough? Thank you again.

Absolutely, there is nothing wrong with the official core wallet.

fchin77

newbie

Activity: 3

Merit: 0

Quote from: pooler on June 17, 2019, 12:52:00 AM

Quote from: fchin77 on June 16, 2019, 07:24:06 PM

Can I use my Litecoin wallet address that I created through CoinBase to get paid while mining?

You can, but it's not recommended. See this FAQ entry.

Thank you so much for the info. I just downloaded the core wallet from Litecoin.org and generated an address for my pool account. Would this be good enough? Thank you again.

pooler

hero member

Activity: 848

Merit: 507

Quote from: fchin77 on June 16, 2019, 07:24:06 PM

Can I use my Litecoin wallet address that I created through CoinBase to get paid while mining?

You can, but it's not recommended. See this FAQ entry.

fchin77

newbie

Activity: 3

Merit: 0

Can I use my Litecoin wallet address that I created through CoinBase to get paid while mining?

Thank you

pooler

hero member

Activity: 848

Merit: 507

Quote from: iaintkd on June 15, 2019, 01:02:49 PM

I still have my username and password but my phone was factory reset by my work after an issue with the partion on it, so I've lost my 2fa, if there any way to get

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: simply follow the same procedure to add an account to the authenticator, but instead of scanning a QR code enter the key manually.
If you have lost the secret key, the issue becomes more serious, and you will have to contact support via email.

iaintkd

newbie

Activity: 16

Merit: 0

I still have my username and password but my phone was factory reset by my work after an issue with the partion on it, so I've lost my 2fa, if there any way to get

pooler

hero member

Activity: 848

Merit: 507

Quote from: dahchael on May 31, 2019, 08:50:34 PM

Why is the share value half & the difficulty doubled now?
Cost more to mine than buy LTC with your pool now. Is there an error in the share price listed?

Difficulty periodically adjusts based on the average frequency at which blocks have been solved in the last few days. If more hashing power joins the network, difficulty rises. The value of a share is inversely proportional to network difficulty, so if difficulty rises share value goes down.
Mining is definitely not something for everybody these days. It is only profitable for those who have access to the most efficient mining hardware and, most importantly, cheap electricity.

dahchael

newbie

Activity: 4

Merit: 0

Why is the share value half & the difficulty doubled now?
Cost more to mine than buy LTC with your pool now. Is there an error in the share price listed?

Thanks

Quote from: pooler on November 05, 2011, 09:00:32 AM

Since nobody has done it yet, I'm launching a pure pay-per-share Litecoin pool. As you probably know, this system has several advantages:

No penalty for orphaned blocks.
Predictable income: you are no more subject to bad luck.
Rewards are instantly credited to your account (you don't have to wait for a block to be solved or confirmed).
You can be sure that the pool operator is not cheating (because you know how many shares you submit).
Immunity to pool hopping.

This method results in the least possible variance for miners.

Other features include: (updated)

Exclusive ultra-low-latency Stratum implementation, written in C for maximum performance
Support for Stratum over SSL/TLS, to prevent MITM attacks
Support for extensions to the Stratum protocol, including resume, suggest_difficulty and suggest_target
Adaptive share difficulty (“vardiff”)
Geographically-distributed, redundant servers
Detailed stats updated every minute
Detailed history of earnings and payouts
Per-worker performance graphs
Automatic and manual payouts
Email notification of idle miners
Two-factor authentication support
Extensive JSON API and mobile interfaces
Website and mining interface also accessible as Tor hidden services
Lightweight interface

Since September 11, 2014, the pool supports merged mining of Dogecoin and other cryptocurrencies, resulting in higher payouts than with a regular Litecoin pool.
As of January 2018 we are merged-mining Argentum, Canada eCoin, Dogecoin, Huntercoin, Myriad, Pesetacoin, Viacoin.

https://www.litecoinpool.org/

Feedback and feature requests are very welcome!

cryptoguru786

newbie

Activity: 4

Merit: 0

Can someone explain why the network hash stays within a constant of 330 to 380. Yet the difficulty continues to rise. I have analysed the data and it shows that the difficulty is only rising based in PRICE FLUCTTUATIONS and not on the NETWORK SPEED. This goes against the basis of crypto. The FIST value is is not Important.

Everyone watch the network speed. And wonder to yourselves why the diff keeps going up when the network speed is always in the same range. If not going down even. Answer. MANIPULATION

pooler

hero member

Activity: 848

Merit: 507

Quote from: Bigger By The Day on May 21, 2019, 07:42:51 AM

can you add new york coin NYC to the pool ?

We have been in contact with NewYorkCoin representatives, but this is not currently a priority. Given the current market situation, merge-mining NYC would not increase overall profitability.

Bigger By The Day

newbie

Activity: 641

Merit: 0

can you add new york coin NYC to the pool ?

qosmio1

newbie

Activity: 6

Merit: 0

yes thank you, my bad, this was the 1st time it got hacked, my password was too easy, and I had not 2fa enabled but the attacker did, all ok now thank you again

pooler

hero member

Activity: 848

Merit: 507

Quote from: qosmio1 on May 15, 2019, 07:16:23 PM

my account qosmio was hacked again, and my payout address was changed, I received email from you alerting me that ip 217.182.199.126 based in germany had done this on 14may2019. I am not in europe, please lock all payouts, also I cannot access my account anymore, I also had 2fa enabled. please let me know status, thank you.

According to our logs, 2FA was enabled by the attacker right before changing your payout address, probably to lock you out. The account has now been locked. Please check your email.

qosmio1

newbie

Activity: 6

Merit: 0

my account qosmio was hacked again, and my payout address was changed, I received email from you alerting me that ip 217.182.199.126 based in germany had done this on 14may2019. I am not in europe, please lock all payouts, also I cannot access my account anymore, I also had 2fa enabled. please let me know status, thank you.

maalvarez

newbie

Activity: 1

Merit: 0

I have a problem with my antminer, it reboots me approximately every 20h and the hashboard stays in xxxxx until I restart it manually, and after I restart it takes a long time to connect to the pool, it says wrong link

pooler

hero member

Activity: 848

Merit: 507

Quote from: adamvp on April 09, 2019, 04:30:08 AM

Quote from: casy007 on December 07, 2017, 07:22:20 AM

if my vorker found the block, will I be rewarded for this?

no it is a pool paying for share - share is a "part of a computation used to find a block" - you don't find a block exactly - only your share help mining pool to find it - so it is only matter of luck. Sometimes there are bonuses but IIRC not in this pool

Uops seems to I answered quite old post :F Anyway, I am curious if I am correct

Yes, that is basically correct. There is also a FAQ entry about this, by the way.

adamvp

hero member

Activity: 1246

Merit: 708

Quote from: casy007 on December 07, 2017, 07:22:20 AM

if my vorker found the block, will I be rewarded for this?

no it is a pool paying for share - share is a "part of a computation used to find a block" - you don't find a block exactly - only your share help mining pool to find it - so it is only matter of luck. Sometimes there are bonuses but IIRC not in this pool

Uops seems to I answered quite old post :F Anyway, I am curious if I am correct - will get some L3 soon - I know that it was the best litecoin pool, is it so good still ? ;-)

pooler

hero member

Activity: 848

Merit: 507

Quote from: dk_hosting on March 26, 2019, 02:53:30 AM

Hi,

We've recently started testing some mining equipment and have 1 x AntMiner L3+ and 3 x BW L21 setup.

Initially they performed as specified but around March 21st we noticed a drop in hashrate as reported by the pool. The L3+ dropped to around 350mh/s and the L21's to somewhere between 450mh/s and 210mh/s.

Temperature is fine and the units themselves are reporting running at full speed - so around 500mh/s for the L3+ and 550mh/s for L21's (give and take a little).

Does anybody have any hints or clues as to what could cause this ?

If the speed reported by the pool is consistently lower than what it should be, it means that the miners are submitting fewer shares than they should be. Since the speed reported locally is as expected, my guess would be that the miners are running into HW errors, i.e., some hashes are computed incorrectly and result in invalid shares. You may not see them reported by the pool because most ASIC controllers check for bad hashes before submitting to the server, and discard them. The most common causes of HW errors are an insufficient power supply, overclocking, firmware bugs triggered by special network conditions, and of course actual hardware defects in the hashing circuitry. Did the 4 hash rates drop all at the same time? Does resetting the miners help? Maybe write an email to support including your username, so that we can have a look at the account.

dk_hosting

newbie

Activity: 1

Merit: 0

Hi,

We've recently started testing some mining equipment and have 1 x AntMiner L3+ and 3 x BW L21 setup.

Initially they performed as specified but around March 21st we noticed a drop in hashrate as reported by the pool. The L3+ dropped to around 350mh/s and the L21's to somewhere between 450mh/s and 210mh/s.

Temperature is fine and the units themselves are reporting running at full speed - so around 500mh/s for the L3+ and 550mh/s for L21's (give and take a little).

Does anybody have any hints or clues as to what could cause this ?

Thx

/K

Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 13. (Read 228113 times)