I sold my 8,000mh of Bitmain L3's and L3+ scrypt-pow miners, so I'm off the pool. Thanks for the run. Back in the day I think I got as high as 25 on all time list and was 2 on the
daily list for a while....I made 12,700 some LTC on your pool and should have kept them ALL.....(sigh) like 99.99998% or so of LTC holders, before April 2017 when LTC was $4.15 usd
and below...I swap'd for BTC or spent it....alas...
anyway, with Bitmain controlling about 51% of the pools for BTC and 90% of scrypt-pow miners that are still mining.. and soon will be at 51% for a lot of scrypt-pow coins like LTC, I doubt I
will be back to scrypt-pow and LTC.
Bitmain has a method where they will mine the summer, IMHO, with NEW EQUIPMENT, supposedly, at 3x the speed now and the same power, more or less and as a 4 month or so pre-order
thus the game is they will further run the difficulty up 30% or more over the summer before you could even get their units..if this is the case (again IMHO)
Thus with 90% of LTC miners and scrypt-pow now being Bitmain L3 and L3+ units...IF they all have to shut off...I really, really doubt I'm gonna play Bitmain's game
and start from scratch with new units as a pre-order in the fall.
Thus a lot of folk on your pool may move on unless some competitor comes in and stifles Bitmain...but alas it is looking a lot like 2014 when small fry BTC miners went the
way of the dodo
anyway, what I see coming down the pike this summer..so I took the $$$ and ran like heck!
anyway, hopefully, I'm wrong..but my logic on what I see as MORE than a bit of 'centralization' on Bitmain's part of scrypt-pow and LTC at least for the next 6 months
anyway, thanks for the pool...if it ever makes sense to come back ..I will simply fire up my account and start it up again
brad
I started mining with some moonlanders (totally not profitable with a high initial cost, but they were fun), but recently moved up to a Innosilicon A4+ and am pretty happy so far. Do you know for sure that there is a new machine coming out from Bitmain? Innosilicon seems to have the edge with hashrate efficiency for the time being, so its odd to see that Bitmain still is so dominant in the LTC space with their L3+. The difficulty seems to be pretty even lately, so what makes you think that Bitmain is up to their old tricks (and boy do they have a terrible reputation at that...). With the prices where they are, I assumed that the market is just saturated with machines and there isn't a huge incentive to come out with new hardware unless the price goes up a bit. Would love to hear more about your thoughts on it whole thing.
Pooler, how is the state of litecoinpool in terms of financial stability? I am hoping that it is making a nice profit to help keep the lights on and you interested in continuing its development!