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Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 49. (Read 228559 times)

sr. member
Activity: 270
Merit: 250
Hi been mining last few days seem to be getting a lot less hashes at the pool than the miners themselves are displaying any ideas please kind of like this pool don't want to move  Huh

Found a block though  Tongue
legendary
Activity: 1288
Merit: 1004
Congrratulations! 
Excellent pool.
 Grin
full member
Activity: 225
Merit: 100
Congrats pooler! Keep up the good work!
hero member
Activity: 849
Merit: 507
Happy 3rd Birthday, LitecoinPool.org! Smiley

https://www.litecoinpool.org/news?id=61
hero member
Activity: 849
Merit: 507
What is the current fee on litecoinpool.org?

There is no fee.
The nominal PPS fee was superseded by the PPS ratio when merged mining was introduced. You can easily convert between the two, but it makes little sense to talk about a fee when the ratio is greater than 100%, as the corresponding fee is negative. For instance, a PPS ratio of 110% corresponds to a -10% fee.

By the way, I've adjusted the PPS ratio down to 110% because of the recent correction in the ULTC market. Yes, we are still paying more than all other pools I've checked, including profit-switching pools. Smiley
sr. member
Activity: 397
Merit: 250
What is the current fee on litecoinpool.org?
hero member
Activity: 849
Merit: 507
Just met neilt in the IRC channel, and it turned out the difference was indeed due to hardware errors.

A couple thoughts:

  • The A (accepted) and R (rejected) counters in cgminer are expressed in difficulty-1 shares, while the HW count is in hashes, so they are not directly comparable, and not comparable at all if the share difficulty is not fixed.
  • If the work utility displayed by cgminer matches the hash rate estimate displayed on the pool, then the problem is on the client side. Since WU is expressed in difficulty-1 shares per minute, you have to multiply by 65536/60 to get the corresponding speed in hashes per second.

(In the above, when I say "difficulty 1" I'm of course referring to the Stratum/scrypt definition of difficulty, not to the traditional one.)
newbie
Activity: 3
Merit: 0
I'm using a Zeus Thunder X3. cgminer reports about 6% errors, which is right where I want to be for my hw, and only about half of the % I am missing.
hero member
Activity: 849
Merit: 507
Why does your pool always report my MH/s as being 2-3MH lower than what is reported by my miner (cgminer)?

First, make sure you have read this FAQ entry.
What kind of hardware are you using? Does cgminer report hardware errors (HW)? How long has it been running? A screenshot of cgminer running may be useful (you can send it to support via email if you wish).
newbie
Activity: 3
Merit: 0
Why does your pool always report my MH/s as being 2-3MH lower than what is reported by my miner (cgminer)?
newbie
Activity: 3
Merit: 0
Just want to say thank you Pooler!!! For someone just starting in mining (rather late in the game...) you have made me very happy! I'm just GPU mining at the moment...around 150kH/s....but will be purchasing some ASIC hardware tomorrow and joining the MH/s league!

Plus I just saw that you raised the PPS to 118%! Awesome!!  Shocked
sr. member
Activity: 472
Merit: 250
Pooler, thanks for the wonderfully detailed description. I've been mining since Nov, 2011 with difficulty 1 pools and never really kept myself informed with how variable difficulty has been implemented and evolved. I managed to get that worker operating at the difficulty I want earlier this morning.
hero member
Activity: 849
Merit: 507
One of my miners is relatively low powered and becomes disabled by the time the difficulty reaches an acceptable number. I've read the site about setting difficulty and using the workers password. I'm using BFGminer 4.4.0 and it doesn't display the difficulty as the standard 64, 128, 256, etc... Rather, 15m, 3m, 976u, etc... I'm guessing I'm just going to have to play with numbers, but does anyone know how these numbers correlate?

What BFGminer displays conforms to the correct definition of difficulty (which is the one that has always been used for the network hash rate). A difficulty of 1 corresponds to what scrypt miners usually call 65536.
Since share difficulties can be much smaller than 1, BFGminer uses SI prefixes to display them. So, m=10-3 and u=µ=10-6.

Le me make an example.
976u = 976 x 10-6 = 0.000976
That's a difficulty by the good old definition. To get the share difficulty that scrypt miners are used to, you multiply that by 65536, and get 63.96. Keeping in mind that the difficulty displayed by BFGminer is truncated, that probably means 64.

Another example:
15m = 15 x 10-3 = 0.015
Multiplying by 65536 gives 983.04. Due to the aforementioned truncation, that is of course just an approximation; since powers of two are normally used, the actual difficulty when you see 15m is probably 1024.

If you have issues setting up your miner, I suggest that you write an email to support including your exact configuration.
sr. member
Activity: 472
Merit: 250
One of my miners is relatively low powered and becomes disabled by the time the difficulty reaches an acceptable number. I've read the site about setting difficulty and using the workers password. I'm using BFGminer 4.4.0 and it doesn't display the difficulty as the standard 64, 128, 256, etc... Rather, 15m, 3m, 976u, etc... I'm guessing I'm just going to have to play with numbers, but does anyone know how these numbers correlate?
newbie
Activity: 5
Merit: 0
I just wanted to say I've been using this pool for a few weeks and its quite good.  I had a silly problem and the mod was quick to help me out.  Thats #1 in my books. 

newbie
Activity: 8
Merit: 0
hero member
Activity: 849
Merit: 507
are all merged proceeds converted to LTC for payout?  

No conversion is needed, because this is a purely PPS pool. The PPS ratio is is computed taking into account the expected rewards from merged mining. This is effectively the same as having a negative PPS "fee".

The profitability of Dogecoin is currently floating around 25% that of Litecoin. This is why the current PPS ratio is 125%, which means that you get 25% more than with a 0-fee PPS pool that doesn't do merged mining.
legendary
Activity: 2044
Merit: 1000
are all merged proceeds converted to LTC for payout? 
newbie
Activity: 2
Merit: 0
Correct me if I am wrong, But as far as I know litecoinpool.org is merged mining with Dogecoin? Dogecoin is not profitable right now anyway. You are better off mining Litecoin then exchange them for Dogecoins. You will get more Doge that way.
newbie
Activity: 27
Merit: 0
As I know a lot of miners want to dig dogecoin. But can't find a pool that pay with dogecoin. It is a big market.
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