Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 21. (Read 228559 times)

 
Thx a lot it's solved

There's no issue with the pool as far as I can tell. There are many miners currently hashing at well over 50 GH/s. And I can connect to all servers just fine. I'd suggest that you check your network connectivity and miner configuration.

Is your issue resolved yet? i can't connect to the pool from about 3 hours!

Thanks for the explanation, and glad it wasn't interpreted as abuse.

Looking forward to your final rules, once you refine your formula.

PS: Once again, thank you for your service. Didn't mean to rattle things here. I am definitely planning on sticking around, and ordering more and more miners.

anyone else having problems with using over 50,000 MH/s on the pool? I seem to hit a road block in the 40K-50K MH/s and the pool starts to throttle the ramping up of my speed?

Rabble rabble, rouse rouse. You are grasping at anything that could be possibly be interpreted as offensive for something so minor.

Not sure what all the angst is here. I have my minimum payout set at .03 LTC and typically get two payments per day, depending on how long my bigger machines are connected (I break them away for altcoin work throughout the day).

I did not accuse anybody of abuse, and I'm sorry that you interpreted it that way. As I wrote, the general minimum interval was raised in order to prevent the possibility of abuse. In no way did I imply that everybody who had set a short payout interval was abusing the system. The problem is that the number of payouts was steadily increasing, and in some cases it was starting to resemble transaction spam. I'm sorry that you found the new rules confusing, and I agree that we could have posted a note in the news about it (we're certainly going to when the new rules are finalized), but nothing was "obscured". The change was documented in the Account Settings right where the minimum payout interval is set, and I've been answering all questions about it openly and honestly.

I think most of the confusion comes from a misunderstanding. The interval that users can set in their accounts is the minimum interval between automatic payouts (that's why it says "hours minimum"); it's been that way since the setting was introduced, and has been documented both in the Account Settings and on the Payments page ever since. The setting was introduced so that users could avoid receiving payouts more frequently than desired. There was never any guarantee that payouts would be issued at exactly that interval, even though when the payout threshold is met that is almost always the case in practice. Therefore, the recent change did not breach the previous "contract" in the least: if you opted not to receive payments more frequently than once every 2 hours, that is still the case even if your minimum auto-payout interval has been changed to 6 hours. This is the reason why we did not deem it necessary to make a post about the change.

Some final remarks:

• The minimum payout threshold was not changed, and we have no intention of raising it.
• The minimum payout interval was actually lowered from 2 hours to 30 minutes.
• As far as I know, we are still paying out way more frequently than all other major Litecoin pools.

I'm very saddened to see LiteCoinPool.org (LCP) go in this protectionist direction. I have been running my L3+ on the site since I got it a month ago. I appreciated the low threshold/payout that THEY set up and offered. It's not fair, or mature, to accuse miners of "abuse" when YOU, LCP, set the standards for payout! So, without notice, tweet, blog post to your over 12,000+ dedicated miners, you change the rules, obscure those new rules, and act petulant to the very miners which support your site. NOT professional.

Hey, it's your pool, do what you wish. But don't expect the very people you've just insulted and accused of abuse to stick around. And on that note, even with your "102%," your frequently changing difficulty, and arbitrary (read: secret) payout policy change, miners will just head back over to Nicehash or Prohashing. After all, at the time of this post, they are both paying MORE than you!.

I've liked being a part of the LCP community and felt like it was a good place to mine, but now, with whatever is going on internally, I know that I and my L3+ are expendable and being treated badly for following THEIR RULES!

So, goodbye for now LCP. I hope you get your act together and become a positive force in the mining community once again. Until then, I will be mining at a pool that does not call their thousands of miners "abusers."

There were no reprimands though, and no form of penalization was applied. Payout intervals were simply adjusted where needed to conform to the new limits.

It's not currently planned, but it may happen. We are in the process of optimizing the payout process, and it could take some time.

We are still refining the exact formula, but the principle is straightforward. You can simply set your desired threshold, and put the shortest interval that would be acceptable to you. When you save the settings, the interval will be automatically adjusted upwards as needed.

Ok, but we were using what you had stated there.
You allowed those payout thresholds. The intent wasn't to abuse but to consume what you allowed.

I understand why, but it seems like what we did was reprimanded, when we followed what was on the page.

In any case, I have follow up questions:

1. Do you intend on increasing the hours more?
2. You don't mention how you can decrease the hours, if payout is enough. What is enough?

It would help if you published a clarification table.

Thank you for providing an awesome service.

Not by direct connection. The only ports supported by the pool are 3333, 8080, and 3443 (TLS only). You could of course set up a TCP proxy somewhere outside the network and connect to it.

Hopefully somebody reads this from the site.

I have 4 L3+'s and I was running at home but because I can get free power from work I have moved 2 of them over for the moment and will move the other 2 soon but the issue I have is all ports are blocked on the network except 80 and 443 and I can't ask the IT guys to unblock. I have started to hash on prohashing and antpool but don't really like it, is there anyway to use a 443 or 80 port to get to litecoinpool?

I am trying to setup my own ssh tunnel or vpn but its being difficult.

Thanks,

D

Popping in to say thank you. Been using this pool since September and very impressed and thankful. Super reliable, extremely flexible, and trustworthy.

I have an array of things going, from a pair of L3+ units, a hive full of R1-LTC units, a chunk of Moonlander 2’s and even a CPU program... all easily attached to my account, and all chugging away quite nicely.

Many thanks to pooler and team.

It was only increased for those accounts that set a low auto-payout threshold, to prevent abuse.
The minimum allowed payout interval was actually decreased, but intervals below 6 hours can now only be set if you set your payout threshold high enough.

Why has the payout time changed from 2 hours to 4 hours and now 6 hours?

Some one can help me to configurate my cuda miner on Nvidia GeForce 840M, I configurated already but I have so many scrypt blocks and diff

I have 4 miners working with LitecoinPool (I'm @gooeydesigner) and love the service. I'm building a supporting product (ASIC container box) for small, decentralized miners who are trying to cope with heat, noise, risk of fire, and all of the other pains I'm sure some of us share!

I am nearing the end of the design phase and am beginning physical prototyping tomorrow. I'm working with some of my friends in manufacturing to create moulds so that I can scale up operations. I know this sort of thing has been attempted on DIY blogs and I've seen plenty of modified coolers on YouTube trying to do the same thing. I'm hoping to create something more professional and design-y (to please the wife/family!) and more cost effective for the small scale miner. I want to reduce the pain and clutter a home miner faces and to support decentralization of mining, something I am very passionate about.

I have a few questions:

:-: Does anyone have any recommendations or ideas about where to market/sell this product? I've looked at Kickstarter but it seems pretty weak on products related to cryptocurrency, and I've looked at OpenBazaar but don't think they have many users. I'm not sure if I am terrible at market research (likely) or if the market is so young that there aren't any good options (less likely).

:-: Does anyone know of any pools/pool owners (would love to work alongside LitecoinPool since I am already a dedicated user) who might be willing to help me reach potential users for feedback? I think this is sort of a big ask since most pools seem pretty avoidant of contacting users, but figured it couldn't hurt to seek opinions.

:-: Last, is there a better place to pose this question? Bitcointalk is a bit overwhelming if you're not sure what you're looking for--any guidance is appreciated!

Feel free to send me a DM if you'd like, or if there's a preferred means of communication (Freenode?) I am happy to move the conversation there.

Thanks!

Payout conditions are explained in detail on the "Payments" page, which is easily reachable via the top menu when you are logged in.

Anyone please tell me how to payout from litecoinpool.org? And what is the minimum payout amount?