Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 42. (Read 227661 times)

Maybe i shoudn't...

Anyone care to help?

Even with a very good CPU, you'll be lucky to make $0.05 worth of Litecoin a month. You would make more by picking up spare change in a mall parking lot.

Also, you shouldnt be mining with your employers hardware/resources without their permission if thats what you are doing.

Hey!
I'm trying to grab some extra cents with CPU mining on my job. But i'm having some connection problems. It looks I'm behind a firewall/proxy situation.

I've tried the proxy connection but it can't connect.

Any expert on network/communication?

Thanks!

hmmmm...well that 19% difficulty in LTC drop a few clicks back has to go someplace (ducks...hey don't throw stuff in the thread!)

Could be the A4's supposedly if you had enough $$$ you could order them in bulk..so best I can figure if they stick to JULY production

by the time that stuff clears out will be like Sept for us little tadpoles...

But now with BTC and LTC shooting up...the difficulty by then....my guess of 4k per unit will likely be 6k per unit..(again guess) so I may just watch this parade

By the way Gen Tarkin if I find/do a group order of these puppies (A4 Domintors) YOU SHALL GET ONE (quite frankly safety blanket wise I need you mucking with such

firmware...)

We will see I guess in the next month if nothing else IF the A4's hit the market or not

(pooler must be rubbing his hands with glee...new scrypt equipment to use his litecoinpool.............fun fun fun)

Um who is this 24GH miner at the pool?!?!?!?
New A4's?! WTF?!

3 days in and i found my first block, mined 8 coins so far but have hit 1 block in this pool so far, best share of 60k, thats  good luck

http://explorer.litecoin.net/block/49bee877ab2975373f97d33236c353dc196b7f47be01b8ff38dc0b4441be68e7

EDIT: Found a second block today at 144k diff. Thats two blocks in a day at 380 MH/S, currently earned about 9 coins on this pool.  I guess though thats the nature of a pool, remove the variance : ) heres to block #3, if that happens id wish i soloed (although i would have got different work and may never have hit, i think given the size of my investment its safer to stay in a pool until ROI) I hope my two solves today helped with the pools overall luck

EDIT: Tried another pool, went back to this one. Have mined a total of 24 LTC from this pool but hit FIVE blocks in that time I have been mining here. :O

Jacob

I pay 9 pence per kWh in the day and 4 pence pew kWh in the night as part of a moneysupermarket sainsburys energy switch offer. But before I was on 16p/kWh day, 6p / kWh night. A KNC titan can profit with its power usage at both of these rates in the UK. Most scrypt miners if your electricity isn't free will take a LONG LONG time to ROI. Period. Some you will even mine at a loss.

The KNC Titan is the most expensive miner available on the market for  consumers which is scrypt, uses roughly 1200 - 1800w of power depending on the rig, but average selling price is around £2000 with PSUs.  But even at 16p/kWh, profit IS possible, roughly 1 year to ROI at that electricity price according to my math if you take the 6p/kWh economy 7 offer.

Be warned though without gens firmware KNC titan can be tricky little blighters to keep running, once you have set up the dies and clock rates and voltages to a good setting (this firmware mod will help greatly) then it will mine uninterrupted, and once ROIed can provide nice free heat in the winter.

The KNC titan does NOT work well on multipools in my experience as the way they change blocks and work so often to mine profitable coins.
The KNC titan works well on litecoinpool.org and this is where I am mining atm with a solo failover as my backup pool. Merged mining and multipools are different.

The £3000 you will find on ebay for a titan will fall as  they don't get a sale.

The next gen 14nm scrypt mining chips have been taped out and are looking at about a year probably based on my research before they are fully released to the public these will smoke the titan although its good for quite a few difficulty jumps. If you get a titan, be ready to sell and unload it before these chips come on sale. Don't run all dies at 325MHz at their default voltage, I run most at 325MHz with optimized lower voltages. You want something that 1. Lasts and 2. Can be resold after you've ROIed.

Currently LTC difficulty is low, I wouldn't delay in starting to mine, but unless your power is free or really cheap, no other rig apart from the titan will do you justice, I have spent hours and weeks researching them all. No other miner will profit unless electricity is cheap or low.

KNC titan uses 1400w on average. 320 MH/s (mine gives me 360 after setting most dies to 325 and voltage tweaks for the same wattage which is done in software these tweaks).

Imnosilicon A2. 1000w on average. 110 MH/s. Want the same hashrate as the titan roughly? Have 3 at 3000w. Double the power usage. If your power is free, the A2 will be the  cheaper option slightly. The A2 can still profit, but the margins are much  lower than the titan. I would hazard a guess, but do not take this at face value that the titan will be profitable for 1 more scrypt hardware generation for a while. At 16p per kWh it would take the difficulty to double before mining at a loss. at 10p /kWh at double the current difficulty, it will still mine at an £80 a month profit a my hashrate of 360. So the titan has some life left in it. Don't pay some of the crazy ebay prices for an A2.

BUT then there is the factor of litecoin price. £2.67 currently/ coin, they are very stable in price but with the bitcoin halving, we do not know what will happen to it yet.

The titan is much more profitable than the best bitcoin rig currently on the market for the consumers, which is the Antminer S7. Getting one of those you might as well flush the money down the loo.

CPU and GPU mining are now of course no longer profitable, and ASICs are the only viable option. This is illustrated in our Beginner's Guide. Regarding your last question, different hardware may require different software.

I see that my processor doesn't put out much compared to what is needed anymore to make a decent profit. Am I allowed to use outside hardware to contribute? Does any hardware work with the easyminer?

The main reason is that Syscoin recently switched its hashing algorithm from scrypt to SHA-256d.

Reward   103% PPS   what happened?

It is well run and works great I dig the pool as well.

I love this pool!!!

Reward   104% PPS   Good news?)

i meant 2gh/s...i have used bitcoinwisdom simple calc. now i tried few others and shows correct number..
i was wondering, why no one rent hash on MMR where price is 9999 sat per MH/day... now i know , cant mine more than pay for rental.
thanks

You must mean 2 GH/s, not MH/s. 2MH/s would yield about 0.019 LTC/day right now.
You didn't say which other calculators you used, but the difference is almost certainly due to the fact that some calculators still haven't updated to the current Litecoin block reward of 25 LTC, and are still using the old value of 50 LTC, which doesn't apply anymore. By the way, the halving took place over 5 months ago, so you should really tell them to update.

newbie question
why online calculators say 37 ltc with 2mhs, and on your website , current top hashers says , with 2mhs 19 ltc a day?
why such a huge difference?

First of all, if you haven't already, please make sure you read this section of our guide carefully.

Since dedicated mining hardware is generally a rather risky investment, this pool has a policy of not recommending any particular brand or model. We wholeheartedly recommend that potential buyers do their own careful research. The following thread can be a good starting point:
https://litecointalk.org/index.php?topic=6506.0

Good evening.
I ve just joined your mining pool.After few tries iam very happy to see some 0.00000000001 ltc have been mined by my pc.But can you give me advice about some miners?I see that numbers are really low and i wont make any profit(maybe 3 cents in a year).So im looking for something like ant miner or some type of usb miner.Maybe something in size of itx pc but not so loud.I give it a try for 100 bucks so...Thanks for every helpfull response.

PS:Sorry for bat english im from Slovakia.