Topic: [ANN] The First Litecoin PPS Pool (litecoinpool.org) - page 49. (Read 227010 times)
Litecoin prices continue to slip. Does mining make sense any longer? Can the fixed cost of a rig be recovered? Can the variable cost of power be recovered?
+1 gsupp, If we want to mine , we will mine. I personal do at it this poll because I like it. Screw the price. I want litecoin. And this pool is killer. Thanks again for such great pool, Pooler.
BretRensselaer, Litecoin and Bitcoin will recover from all of this crashing sooner or later. And all of the adopters will reap great earning, There is to much great tech. knowledge within those 2 coins to let it go to waste. The governments are the problem. But If you have done any real reasearch , you would know that governments are interest in it and it is all not in a bad way. Encryptional uses are great things for goverment use. Maybe just the signing of a message and a payment look at the greaty use that it could have if used for good . We could even pay rent if Bitcoin was real currency.
BretRensselaer, Litecoin and Bitcoin will recover from all of this crashing sooner or later. And all of the adopters will reap great earning, There is to much great tech. knowledge within those 2 coins to let it go to waste. The governments are the problem. But If you have done any real reasearch , you would know that governments are interest in it and it is all not in a bad way. Encryptional uses are great things for goverment use. Maybe just the signing of a message and a payment look at the greaty use that it could have if used for good . We could even pay rent if Bitcoin was real currency.
A superficial search with Google finds Bit-, Lite-, Tag-, Doge-, Vert-, Peer-, Master-, Name-, Aurora-, and Prime-coin. Cyptocurrenicies are commoditized, that is, there is little differentiation among them, e.g., rice, beans, pork bellys.
Is there enough interest or room in the cryptocurrency marketspace for all of these -coin variants? Most likely, not. Most of them will be poorly subscribed and conversion to other currencies will be problematic. Their growth and profit potential is already circumscribed.
How many cryptocurrencies will survive the consolidation of the marketspace? One? Two? Bitcoin and Litecoin? Most likely nothing else will survive. The bubble euphoria has passed. There are not enough new customers (suckers) to fuel the bubble.
Bitcoin and Litecoin's strength has been the lack of a central administration or control point. But that is also their weakness. Consider the Tesla brand of electric cars. Tesla promotes and vigorously protects the brand and its image. It immediately counters every criticism and threat. Bitcoin and Litecoin have been overwhelmed by events and attacks. It will take years or forever for the brands to come back.
I realize that cryptocurrencies are speculative, but they have become high risk and very low reward -- very unattractive. A passively managed index fund, e.g., Vanguard S&P 500, easily out performs Bitcoin or Litecoin over a five year horizon.
Now, I know that many of us are disappointed at the outlook. Do I wish the outlook was growth and profit? Of course. I wish a lot of things. I wish we had outdoor air-conditioning. I wish camel poop tasted like spicy hummus. But guess what? It doesn't.
Is there enough interest or room in the cryptocurrency marketspace for all of these -coin variants? Most likely, not. Most of them will be poorly subscribed and conversion to other currencies will be problematic. Their growth and profit potential is already circumscribed.
How many cryptocurrencies will survive the consolidation of the marketspace? One? Two? Bitcoin and Litecoin? Most likely nothing else will survive. The bubble euphoria has passed. There are not enough new customers (suckers) to fuel the bubble.
Bitcoin and Litecoin's strength has been the lack of a central administration or control point. But that is also their weakness. Consider the Tesla brand of electric cars. Tesla promotes and vigorously protects the brand and its image. It immediately counters every criticism and threat. Bitcoin and Litecoin have been overwhelmed by events and attacks. It will take years or forever for the brands to come back.
I realize that cryptocurrencies are speculative, but they have become high risk and very low reward -- very unattractive. A passively managed index fund, e.g., Vanguard S&P 500, easily out performs Bitcoin or Litecoin over a five year horizon.
Now, I know that many of us are disappointed at the outlook. Do I wish the outlook was growth and profit? Of course. I wish a lot of things. I wish we had outdoor air-conditioning. I wish camel poop tasted like spicy hummus. But guess what? It doesn't.
I don't see how any of that has to do with litecoinpool.org's Litecoin PPS Pool, which is what this thread is about.
A superficial search with Google finds Bit-, Lite-, Tag-, Doge-, Vert-, Peer-, Master-, Name-, Aurora-, and Prime-coin. Cyptocurrenicies are commoditized, that is, there is little differentiation among them, e.g., rice, beans, pork bellys.
Is there enough interest or room in the cryptocurrency marketspace for all of these -coin variants? Most likely, not. Most of them will be poorly subscribed and conversion to other currencies will be problematic. Their growth and profit potential is already circumscribed.
How many cryptocurrencies will survive the consolidation of the marketspace? One? Two? Bitcoin and Litecoin? Most likely nothing else will survive. The bubble euphoria has passed. There are not enough new customers (suckers) to fuel the bubble.
Bitcoin and Litecoin's strength has been the lack of a central administration or control point. But that is also their weakness. Consider the Tesla brand of electric cars. Tesla promotes and vigorously protects the brand and its image. It immediately counters every criticism and threat. Bitcoin and Litecoin have been overwhelmed by events and attacks. It will take years or forever for the brands to come back.
I realize that cryptocurrencies are speculative, but they have become high risk and very low reward -- very unattractive. A passively managed index fund, e.g., Vanguard S&P 500, easily out performs Bitcoin or Litecoin over a five year horizon.
Now, I know that many of us are disappointed at the outlook. Do I wish the outlook was growth and profit? Of course. I wish a lot of things. I wish we had outdoor air-conditioning. I wish camel poop tasted like spicy hummus. But guess what? It doesn't.
Is there enough interest or room in the cryptocurrency marketspace for all of these -coin variants? Most likely, not. Most of them will be poorly subscribed and conversion to other currencies will be problematic. Their growth and profit potential is already circumscribed.
How many cryptocurrencies will survive the consolidation of the marketspace? One? Two? Bitcoin and Litecoin? Most likely nothing else will survive. The bubble euphoria has passed. There are not enough new customers (suckers) to fuel the bubble.
Bitcoin and Litecoin's strength has been the lack of a central administration or control point. But that is also their weakness. Consider the Tesla brand of electric cars. Tesla promotes and vigorously protects the brand and its image. It immediately counters every criticism and threat. Bitcoin and Litecoin have been overwhelmed by events and attacks. It will take years or forever for the brands to come back.
I realize that cryptocurrencies are speculative, but they have become high risk and very low reward -- very unattractive. A passively managed index fund, e.g., Vanguard S&P 500, easily out performs Bitcoin or Litecoin over a five year horizon.
Now, I know that many of us are disappointed at the outlook. Do I wish the outlook was growth and profit? Of course. I wish a lot of things. I wish we had outdoor air-conditioning. I wish camel poop tasted like spicy hummus. But guess what? It doesn't.
Litecoinpool is a well designed and managed operation.
However, the Litecoin notion seems to be a Ponzi scheme. The rewards accrue only to the early investor, miners or buyers.
Litecoin prices have slipped from the mid $20s to ~$11. Litecoin convertibility is clumsy. Litecoin conversion to Bitcoin is merely from one Ponzi scheme to another.
The euphoria of the cryptocurrency bubble is gone. Analysis, skepticism and exposure are pervasive.
To use a well worn cliche, it's time to make money the old fashioned way... to earn it. Mining doesn't make anything... it doesn't earn anything.
I'm disappointed that Bitcoin, Litecoin and other cyptocurrencies have succumbed to common sense. I, for one, hoped for more, but hope is neither a plan nor a strategy.
The potential rewards are exceeded by cost of the equipment and power used. The value of Litecoin is trending toward worthlessness. The equipment and power might be better spent searching for cancer cures, SETI, clean water, etc.
However, the Litecoin notion seems to be a Ponzi scheme. The rewards accrue only to the early investor, miners or buyers.
Litecoin prices have slipped from the mid $20s to ~$11. Litecoin convertibility is clumsy. Litecoin conversion to Bitcoin is merely from one Ponzi scheme to another.
The euphoria of the cryptocurrency bubble is gone. Analysis, skepticism and exposure are pervasive.
To use a well worn cliche, it's time to make money the old fashioned way... to earn it. Mining doesn't make anything... it doesn't earn anything.
I'm disappointed that Bitcoin, Litecoin and other cyptocurrencies have succumbed to common sense. I, for one, hoped for more, but hope is neither a plan nor a strategy.
The potential rewards are exceeded by cost of the equipment and power used. The value of Litecoin is trending toward worthlessness. The equipment and power might be better spent searching for cancer cures, SETI, clean water, etc.
Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.
Haha, wow. LTCRabbit hasn't even been around for six months.
Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.
LOL...
second funniest after the guy who said ckolivas knew nothing about bitcoin.
was not trying to be funny
Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.
LOL...
second funniest after the guy who said ckolivas knew nothing about bitcoin.
Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.
You should take a look at the date on the first post in the thread this pool has been around a long long time.
November 2011.... Idk how long ltcrabbit has been out
Previous statement retracted.
Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.
You should take a look at the date on the first post in the thread this pool has been around a long long time.
Ltcabbit is pay per share altcoin pool that pays out hourly... Sorry to rain on your parade, but u are not the first.
I was mining Litecoin back in the day of cheap coins and choose to mine bitcoin instead boy I am sorry for this I would be rich could have bougt at .05 of 1. US dollar too And didn't with 4 bitcoin. Your pool is the best Pooler. I wish I would have stayed mining here from the begging. What till $100 Litecoin. It is coming. Bitcoin under attack. You doors will be open to serve them in rescue. I have to admit You know how to run a good pool " High WU". Thanks again.
bwstacker1.1
bwstacker1.1
Hi Pooler,
Can I ask you for account for my girlfriend please (2x270x (960khash) ?
I have account on your pool for very long time, and its the best 
thanks very much
Please follow the official procedure to apply for an account.Can I ask you for account for my girlfriend please (2x270x (960khash) ?
I have account on your pool for very long time, and its the best thanks very much
http://www.litecoinpool.org/register
Hi Pooler,
Can I ask you for account for my girlfriend please (2x270x (960khash) ? I have account on your pool for very long time, and its the best
thanks very much
Can I ask you for account for my girlfriend please (2x270x (960khash) ?
I have account on your pool for very long time, and its the best thanks very much
maybe you know webminer [work] [algo - scrypt] ?
https://www.litecoinpool.org/embed
Quick Start Guide
Add the following code to the body of your webpage, replacing user.name:password with the username and password of one of your pool workers.
1.Add the following code to the body of your webpage - done
2.replacing user.name:password with the username and password of one of your pool workers. - done
No work
Java applet run but no minining..
--
Need help pls.
Quick Start Guide
Add the following code to the body of your webpage, replacing user.name:password with the username and password of one of your pool workers.
1.Add the following code to the body of your webpage - done
2.replacing user.name:password with the username and password of one of your pool workers. - done
No work
Java applet run but no minining..
--
Need help pls.
The page clearly states that the web miner is deprecated and no longer supported. That red warning message has been there for over 6 months now.
https://www.litecoinpool.org/embed
Quick Start Guide
Add the following code to the body of your webpage, replacing user.name:password with the username and password of one of your pool workers.
1.Add the following code to the body of your webpage - done
2.replacing user.name:password with the username and password of one of your pool workers. - done
No work
Java applet run but no minining..
--
Need help pls.
Quick Start Guide
Add the following code to the body of your webpage, replacing user.name:password with the username and password of one of your pool workers.
1.Add the following code to the body of your webpage - done
2.replacing user.name:password with the username and password of one of your pool workers. - done
No work
Java applet run but no minining..
--
Need help pls.
There are scrypt miners out there:
http://hashra.com/gridseed-3000-kh-s-asic-scrypt-sha-miner/
http://hashra.com/gridseed-3000-kh-s-asic-scrypt-sha-miner/
I though there is no ASIC hardware for litecoin but today i saw this :
https://www.youtube.com/watch?v=-4sUvp0hmIE
Is this real or fake? Can be done ASIC machine for litecoins?
https://www.youtube.com/watch?v=-4sUvp0hmIE
Is this real or fake? Can be done ASIC machine for litecoins?
any reason why the total pool hash rate dropped suddenly?
The same reason the total network hash rate dropped suddenly, I guess. Probably just chain hoppers. Jump to: