Best LTC pool? | Bitcointalksearch.org

coinfoundry

full member

Activity: 292

Merit: 100

Miningcore

Coinfoundry's Litecoin Pool would be another good alternative.

Summary

Global presence with Servers in Europe, US-Eastcoast, US-Westcoast and Asia, ensuring optimal latency regardless of your location
Run by experienced staff with years of experience managing complex systems
Pool Fee: 0.75%
Payout System: PPLNS
Payouts: Hourly
Newbie friendly support on UserEcho and Twitter

If you have questions or suggestions, feel free to drop me a line here or on Twitter or join the pool's Support-Channel.

DisFish

member

Activity: 79

Merit: 10

impossible takes just a bit longer

http://77.55.192.230/

loshia

legendary

Activity: 1610

Merit: 1000

I can recommend my MM SOLO pool.

https://bitcointalksearch.org/topic/segwit-ltctbdiceorg-05-fee-solo-mm-ltcdge-pool-3k-ltc7k-dge-blks-solved-1290219
http://ltc.tbdice.org

It is best and unique. You get 99.5% of LTC or/and 95.0% of DOGE block reward if you find one. If not you get nothing. You do not worry for your coins they get generated directly at your address. No databases, no fancy reward calculations, no hacks and such bullshit. For the recurred according to my stats the strongest pool suporter mining in my pool since beginning with 12G constant hash rate is earning about 3-7% more than he could earn in ANY pool i repeat ANY pool out there

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

i am using ghash.io from 3 months ago until now and it works fine for me. before i use ghash.io, i use f2pool and i don't have luck than i use ghash, so i move my pointer into ghash.io. i think the luck factor for every people in mining is different. someone said that he get luck in pool A, but the other person said he get luck in pool B. so in my opinion, better you make a list on notepad and try one by one. for pool A, you can try in 2 days, if finish in 2 days, then you can move into pool B and so on. don't forget to write how much you get from every pool and then you can compare, how much you can get from every pool you mining. i hope you understand what i mean.

d0zx

newbie

Activity: 3

Merit: 0

I mine @ pool-x.eu ... good uptime and never evil experiences like "all coins are lost" or something... it's a simple pool and a great start for newbies Wink

Vexual

full member

Activity: 196

Merit: 100

https://lc.ozcoin.net/
However, I'm Australian, so I am biased.

Kinetic915

full member

Activity: 168

Merit: 100

I'm still mining with notroll Sad

no other pool seems to make me more....

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Coinotron here, no complaints so far.

Jothand

newbie

Activity: 16

Merit: 0

Quote from: eleight on April 13, 2013, 03:30:20 AM

Use cgminer, it has pool failover

I appreciate the tip. I switched one of my workers to BMAT and I use cgminer. It was a little difficult to get it up and running since BAMT was designed for mining BTC but I worked out the kinks. I have a backup pool set in cgminer. My primary pool hasn't gone down yet, at least not that I'm aware of, but if it does go down cgminer should fail over to my secondary pool.

kingramo

newbie

Activity: 10

Merit: 0

I've been using wemineltc.com, seems good so far. Curious if people have tried it, how it compares to other pools.

geewiz

newbie

Activity: 7

Merit: 0

Thanks for clearing that up!

Quote from: nightminer on April 11, 2013, 10:52:32 AM

The way I understand it.

The network gives the whole pool 1 block to mine. Imagine that like being a piece of land. The pool then divides that land and tell everyone in the pool "You, mine that piece of land", "You, mine that other piece of land"

As we all frantically dig, one of us finds the piece of gold (the answer to the very difficult cryptographic puzzle). The pool then tries to tell everyone as fast as possible "Guys, we found it, stop mining!".

Problem is if pools get a bit slow or there are connection problems you never get the "Stop Mining" message. Your PC happily keeps mining the piece of land that the whole pool by now know does not contain gold. You PC then runs back to the pool, the good little puppy it is, and then says "I dug here and I found nothing. We can skip that land and you can give me a new piece to mine". The pool then says "Dude... we found gold ages ago, the rest of us are already mining on a new piece of land, WhereTF have you been!?".

And that... is a reject.

LXubGFfTZRGfvQRdoTwKizLDuNz2f8bpAS

peewee

newbie

Activity: 41

Merit: 0

Quote from: weareken on April 14, 2013, 06:33:46 AM

I hope their North America server comes online soon. That may reduce stales even further for me. Wink

Gotta know my friend.... your hashpower is insane for a gpu net. Let us in on the basics? 156,000 k is....obscene.

Kinetic915

full member

Activity: 168

Merit: 100

whats your favorite ppc? is ppc recommended over PPLNS?

PeeJWeeJ

newbie

Activity: 49

Merit: 0

I like give-me-ltc. Low fees and high share acceptance rate.

compota334

newbie

Activity: 16

Merit: 0

coinotron.com i think is the best

BBN

member

Activity: 77

Merit: 10

This thread is turning into an advertisement campaign Angry

Only "newbie" users recommending Undecided

mantler

member

Activity: 68

Merit: 10

I like Coinotron because of it's ease of use, and the ability to mine 3 other altcoins as well. Currently, it is more profitable to mine PPC and exchange on BTC-E for bitcoin, but that changes all the time. Coinotron helps you keep track of everything and quickly switch where your miner is pointed to mine LTC, TRC, PPC, FRC, and BTC.

weareken

newbie

Activity: 27

Merit: 0

Quote from: headygains on April 15, 2013, 12:48:17 PM

can btc and ltc be mined simultaneously?

You can mine BTC and Namecoins simultaneously, but Litecoins are very different in that it uses the Scrypt algorithm instead of SHA256. So, no you can't mine both at the same time. You could, however, switch your software from one to the other when one is more profitable for your mining equipment.

pekv2

hero member

Activity: 770

Merit: 502

litecoinpool then ~~notroll~~, imo.

Edit:
I scratched out notroll, I guess they are ripping people off.

berryzat

member

Activity: 63

Merit: 10

give-me-ltc.com

hamiltino

hero member

Activity: 644

Merit: 500

P2P The Planet!

p2pool, DOES NOT GET AFFECTED BY DDOS END OF STORY.

K5Doom

newbie

Activity: 5

Merit: 0

I've switched to give-me-ltc since notroll incident. Works fine until now

markj113

legendary

Activity: 2254

Merit: 1043

not an expert by a long shot but been trying out coinotron and p2pool

VARGA

newbie

Activity: 6

Merit: 0

Coinotron

headygains

newbie

Activity: 32

Merit: 0

can btc and ltc be mined simultaneously?

Citrik

newbie

Activity: 3

Merit: 0

I'm using my own node of P2Pool. It took a while to setup, but no required fee is nice. It takes a few days to start getting a decent payout due to the Pay Per Share format but it's working out pretty well now. I like the peer to peer aspect of it so it's a bit more resilient to DDOS. Seems like almost every centralized pool has had an issue with DDOS attacks lately. The trick with getting it working well with LTC is to triple check your port configs both for your miner and your litecoind/wallet. Most instructions list the BTC ports which are different than the LTC ports.

layerz

member

Activity: 112

Merit: 10

Just to add I am finding coinotron good.

headygains

newbie

Activity: 32

Merit: 0

Quote from: nightminer on April 11, 2013, 10:52:32 AM

The way I understand it.

The network gives the whole pool 1 block to mine. Imagine that like being a piece of land. The pool then divides that land and tell everyone in the pool "You, mine that piece of land", "You, mine that other piece of land"

As we all frantically dig, one of us finds the piece of gold (the answer to the very difficult cryptographic puzzle). The pool then tries to tell everyone as fast as possible "Guys, we found it, stop mining!".

Problem is if pools get a bit slow or there are connection problems you never get the "Stop Mining" message. Your PC happily keeps mining the piece of land that the whole pool by now know does not contain gold. You PC then runs back to the pool, the good little puppy it is, and then says "I dug here and I found nothing. We can skip that land and you can give me a new piece to mine". The pool then says "Dude... we found gold ages ago, the rest of us are already mining on a new piece of land, WhereTF have you been!?".

And that... is a reject.

LXubGFfTZRGfvQRdoTwKizLDuNz2f8bpAS

Just blew my mind with the simplicity.

kibu

newbie

Activity: 55

Merit: 0

Burnside's pool all the way for me, just really simple and informative.

daburone

full member

Activity: 183

Merit: 111

My friend tells me anything other than Deepbit is a waste of time but my computer is too slow to bother anyway..

JimmyFL

member

Activity: 84

Merit: 10

notroll.in or coinotron.com, im juste mining on these two Wink

WeTradeCoins

full member

Activity: 168

Merit: 100

Quote from: weareken on April 14, 2013, 06:33:46 AM

I hope their North America server comes online soon. That may reduce stales even further for me. Wink

The USA server is UP AND WORKING!!

Come check it out

weareken

newbie

Activity: 27

Merit: 0

I hope their North America server comes online soon. That may reduce stales even further for me. Wink

Launebaer

newbie

Activity: 12

Merit: 0

wemineltc really seems to take off through the roof, Im very happy with them 2

weareken

newbie

Activity: 27

Merit: 0

I was using Coinotron but getting anywhere from 4% to 6% stales. I switched to WeMineLTC.com and now I'm seeing about 3%. Plus, the fees are lower! Hopefully this pool can keep up with growth

factorfftt

member

Activity: 61

Merit: 10

OzCoin

megablue

member

Activity: 112

Merit: 10

Quote from: ?? on ??

I'm using Slush's, I'm incredibly new to the bitcoin scene. Should I stick to it? I've been running my rig for the lesser half of 24 hours, and I've only gotten about 0.01362729 BTC. This doesn't seem to be too cost efficient, considering I'm running my HD 7950 at full blast.

son, you're in the wrong thread, this is about LTC mining pool. not BTC.

megablue

member

Activity: 112

Merit: 10

Quote from: serioussam on April 12, 2013, 09:52:10 AM

burnside´s

burnside's pool has very high stales % for me, at worst it goes to 90%. even with 1,200 Khash/s, barely able to mine 0.2 litecoin in 12hours.
I tried a few famous pools in the past few days, as much as i dont like notroll.in, it is still by far the most profitable mining pool (put aside the withdrawal issues, taking your litecoin without your consent )

killerbread

newbie

Activity: 20

Merit: 0

OzCoin. It's going all right I guess.

RenegadeMind

copper member

Activity: 1380

Merit: 504

THINK IT, BUILD IT, PLAY IT! --- XAYA

FWIW, I've been using Pool-x.eu, and it seems ok so far.

WeTradeCoins

full member

Activity: 168

Merit: 100

Quote from: maxx1223 on April 12, 2013, 10:55:19 PM

been using wemineltc also recently. it reports hash rates that are ~20% higher than my client, but im earning basically what i earned mining at coinotron. Not alot of hash power yet, but site looks nice . hope they put some graphs up soon.

More graph stats are on the way!! Today also we will bring alive the USA server! Thank you all for your kind words

We wait you at www.WeMineLTC.com

P.S. read about our feedback here as well

https://bitcointalksearch.org/topic/annltcpoolpplns-wemineltccom-0-fees-stratum-ddos-protection-169249

eleight

newbie

Activity: 38

Merit: 0

Quote from: Jothand on April 12, 2013, 11:27:30 PM

I'm still pretty new to mining only been mining for a month or so and I've tried quite a few pools. I finally settled on coinotron and burnsides pool. I distribute my workers/hashing equally among the two. Seems to me that distributing your hashing between at least two pools is a smart move since every pool I've tried so far has had issues of one sort or another. Its sucks waking up in the morning finding out your workers have been sitting idle for the past 7 hours because the pool is down. I'm sure there are ways to set your workers to switch to a backup pool if the primary pool goes down but I haven't figured out how yet.

Use cgminer, it has pool failover

Kinetic915

full member

Activity: 168

Merit: 100

Quote from: Jothand on April 12, 2013, 11:27:30 PM

I'm still pretty new to mining only been mining for a month or so and I've tried quite a few pools. I finally settled on coinotron and burnsides pool. I distribute my workers/hashing equally among the two. Seems to me that distributing your hashing between at least two pools is a smart move since every pool I've tried so far has had issues of one sort or another. Its sucks waking up in the morning finding out your workers have been sitting idle for the past 7 hours because the pool is down. I'm sure there are ways to set your workers to switch to a backup pool if the primary pool goes down but I haven't figured out how yet.

I use a python script that closes and opens reaper after a certain time. That prevents crash as well. You can probably edit the script to ping the server and if it gets no response go to the next one.

Jothand

newbie

Activity: 16

Merit: 0

I'm still pretty new to mining only been mining for a month or so and I've tried quite a few pools. I finally settled on coinotron and burnsides pool. I distribute my workers/hashing equally among the two. Seems to me that distributing your hashing between at least two pools is a smart move since every pool I've tried so far has had issues of one sort or another. Its sucks waking up in the morning finding out your workers have been sitting idle for the past 7 hours because the pool is down. I'm sure there are ways to set your workers to switch to a backup pool if the primary pool goes down but I haven't figured out how yet.

maxx1223

newbie

Activity: 9

Merit: 0

been using wemineltc also recently. it reports hash rates that are ~20% higher than my client, but im earning basically what i earned mining at coinotron. Not alot of hash power yet, but site looks nice . hope they put some graphs up soon.

eleight

newbie

Activity: 38

Merit: 0

Someone already mentioned http://wemineltc.com, at the moment I find this one most stable and with lowest number of rejects.

rhouek

newbie

Activity: 9

Merit: 0

I've been a happy user of coinpool.net

eleight

newbie

Activity: 38

Merit: 0

downsite of litecoinpool is that 2nd time in few days, just when I need it the most Grin

instant payouts are temporarily disabled for maintenance.

Kinetic915

full member

Activity: 168

Merit: 100

Quote from: rawdr on April 12, 2013, 12:59:03 PM

Very few mentions of p2pool in here. It's what I've started with, so I've never joined a traditional pool.

Any apparent downsides to p2pool besides setting it up yourself?

that would be my question as well

rawdr

newbie

Activity: 4

Merit: 0

Very few mentions of p2pool in here. It's what I've started with, so I've never joined a traditional pool.

Any apparent downsides to p2pool besides setting it up yourself?

fendlestick

hero member

Activity: 546

Merit: 500

Quote from: ihavenousername on April 11, 2013, 12:48:33 PM

Litecoinpool.org

No real reason as to why its my favourite, was the first pool I signed up to and I just prefer it over coinotron/notroll

I vote for litecoinpool.org aswell, they have great connection for me and payout regular. No manual payment system tho.

Torrerre

newbie

Activity: 10

Merit: 0

wemineltc.com is the best LTC pool. You cannot go wrong if you want to support operators who give backend support the number one priority. They have a slick front-end website as well and the rules for reward are perfect for the loyal miner. I'm very impressed with this new, but deserving, pool. I've test mined on it for 24 hours now (after notroll.in decided to steal customer's coin) and it's great because I get very very few rejects. They've earned a loyal miner for my 2x7950,2x7970.

JKaechler

newbie

Activity: 6

Merit: 0

Quote from: txmasut on April 12, 2013, 10:03:37 AM

Quote from: JKaechler on April 12, 2013, 09:46:42 AM

I have been using burnsides pool with decent results. However, when i use the stratum proxy and connect to wemineltc.com i get radically higher hashrtes, yet radically lower ltc coming in. Whats up with that?

My total hashrate for all my workers is only 300 to 400 right now. Cnnected to burnside i get 2/3 or so ltc per day. Sometimes a whole ltc if i or my wife dont use the computers for anything else. Connected to wemineltc i have never seen the production go more than 0.0003 of an ltc. Two orders of magnitude seems a bit much to just be an error?

If you haven't tried since yesterday morning, try again. I was getting the same results and tried again and now it's going awesome. Plus I reconfigured my client after realizing that while my has rate was awesome, 600ish, I was only getting around .2 shares a minute and that is what they pay off of. Now I'm getting 10 shares a minute and 2.5 ltc a day.

What did you change on your miner? I have been using poolers cpu miner and cudaminer. When i get my 7850 i will be running that with cgminer.

AlgoSwan

sr. member

Activity: 308

Merit: 250

ancap

I'm seeking a LTC mining pool who also has a java client (software) to mine litecoins. A software would be similar to bitminter's client. Is there any pool with this?

droog

newbie

Activity: 7

Merit: 0

Quote from: nightminer on April 11, 2013, 10:52:32 AM

The way I understand it.

The network gives the whole pool 1 block to mine. Imagine that like being a piece of land. The pool then divides that land and tell everyone in the pool "You, mine that piece of land", "You, mine that other piece of land"

As we all frantically dig, one of us finds the piece of gold (the answer to the very difficult cryptographic puzzle). The pool then tries to tell everyone as fast as possible "Guys, we found it, stop mining!".

Problem is if pools get a bit slow or there are connection problems you never get the "Stop Mining" message. Your PC happily keeps mining the piece of land that the whole pool by now know does not contain gold. You PC then runs back to the pool, the good little puppy it is, and then says "I dug here and I found nothing. We can skip that land and you can give me a new piece to mine". The pool then says "Dude... we found gold ages ago, the rest of us are already mining on a new piece of land, WhereTF have you been!?".

And that... is a reject.

LXubGFfTZRGfvQRdoTwKizLDuNz2f8bpAS

+1

There need to be more examples like this around cryptocurrency in general. The concept is esoteric enough as it is, but the way terminology and raw numbers are thrown around casually by those in the know makes it become even more abstract to outsiders. Breaking things down to real-world analogies helps laypeople understand what Bitcoin, et al are in a way that is meaningful to them and makes them more likely to 1) make that first plunge to experiment with the concept and 2) feel confident enough to participate in the long term. This is vital to the sustainability and stability of the economy and ultimately benefits everyone.

markymark

newbie

Activity: 19

Merit: 0

Quote from: andrewattheu on April 12, 2013, 09:45:53 AM

coinotron is best even has a profitability calculator between the current crytpocurrencies

This is what I have read, but am new to mining and have yet to experiment with anyone except coinotron.

Does anyone actually still solo line LTC?

eleight

newbie

Activity: 38

Merit: 0

I use litecoinpool primary and coinotron as a backup. As you can see, reject ratio is much less in my case for litecoinpool, maybe because overall pool hash rate is lower so I get less stale submissions.

coinotron

Queued work requests: 4064
Share submissions: 7152
Accepted shares: 6927
Rejected shares: 225
Accepted difficulty shares: 886656
Rejected difficulty shares: 28800
Reject ratio: 3.1%
Efficiency (accepted / queued): 170%
Discarded work due to new blocks: 9612
Stale submissions discarded due to new blocks: 60
Unable to get work from server occasions: 31
Submitting work remotely delay occasions: 0

litecoinpool

Queued work requests: 4901
Share submissions: 6334
Accepted shares: 6294
Rejected shares: 40
Accepted difficulty shares: 298802
Rejected difficulty shares: 1792
Reject ratio: 0.6%
Efficiency (accepted / queued): 128%
Discarded work due to new blocks: 2456
Stale submissions discarded due to new blocks: 0
Unable to get work from server occasions: 4
Submitting work remotely delay occasions: 0

to3m

newbie

Activity: 28

Merit: 0

Quote from: JKaechler on April 12, 2013, 09:46:42 AM

I have been using burnsides pool with decent results. However, when i use the stratum proxy and connect to wemineltc.com i get radically higher hashrtes, yet radically lower ltc coming in. Whats up with that?

My total hashrate for all my workers is only 300 to 400 right now. Cnnected to burnside i get 2/3 or so ltc per day. Sometimes a whole ltc if i or my wife dont use the computers for anything else. Connected to wemineltc i have never seen the production go more than 0.0003 of an ltc. Two orders of magnitude seems a bit much to just be an error?

Regarding the changing hash rates, are you going by the values from their website, or values your PC is printing? The wemineltc hashrate calculator appears to be just wrong, for whatever reason. For me, the website reports anything from 1x-3x the actual rate that my PC reports from the miner program.

(I don't know what the reason for your reduced income might be. I'm getting income from wemineltcl that's basically in line with the hash rate my PC reports.)

--Tom

lixoaqui

newbie

Activity: 10

Merit: 0

I'm trying to mine with coinotron.com but I dont' understand one thing: I still have 0 shares so it seems I haven't done anything. If I mine, then stop, then start again after a few hours do I still get work done or I just lose everything if I don't run 24/7?

mightyb

newbie

Activity: 26

Merit: 0

Are there any pools that allow browser mining?

nodesupply

newbie

Activity: 42

Merit: 0

I've had success with ltcmine.ru along with notroll just like you.

I find the recent situation with the hot wallet drying up is odd but at least I'm able to withdraw my coins regularly.

txmasut

sr. member

Activity: 280

Merit: 250

Vantacor

Quote from: JKaechler on April 12, 2013, 09:46:42 AM

I have been using burnsides pool with decent results. However, when i use the stratum proxy and connect to wemineltc.com i get radically higher hashrtes, yet radically lower ltc coming in. Whats up with that?

My total hashrate for all my workers is only 300 to 400 right now. Cnnected to burnside i get 2/3 or so ltc per day. Sometimes a whole ltc if i or my wife dont use the computers for anything else. Connected to wemineltc i have never seen the production go more than 0.0003 of an ltc. Two orders of magnitude seems a bit much to just be an error?

If you haven't tried since yesterday morning, try again. I was getting the same results and tried again and now it's going awesome. Plus I reconfigured my client after realizing that while my has rate was awesome, 600ish, I was only getting around .2 shares a minute and that is what they pay off of. Now I'm getting 10 shares a minute and 2.5 ltc a day.

Dehumanizer

member

Activity: 77

Merit: 10

I'm using ltcmine.ru , the website is down right now, but should be fixed this evening.
What I like there is that I can see stats of how much did I mine each hour.

ElBurro

member

Activity: 101

Merit: 10

Quote from: serioussam on April 12, 2013, 09:52:10 AM

burnside´s

Iv'e always had connection problems with burnside

serioussam

newbie

Activity: 6

Merit: 0

burnside´s

JKaechler

newbie

Activity: 6

Merit: 0

I have been using burnsides pool with decent results. However, when i use the stratum proxy and connect to wemineltc.com i get radically higher hashrtes, yet radically lower ltc coming in. Whats up with that?

My total hashrate for all my workers is only 300 to 400 right now. Cnnected to burnside i get 2/3 or so ltc per day. Sometimes a whole ltc if i or my wife dont use the computers for anything else. Connected to wemineltc i have never seen the production go more than 0.0003 of an ltc. Two orders of magnitude seems a bit much to just be an error?

andrewattheu

newbie

Activity: 7

Merit: 0

coinotron is best even has a profitability calculator between the current crytpocurrencies

Undercover

newbie

Activity: 14

Merit: 0

Quote from: nightminer on April 11, 2013, 10:52:32 AM

The way I understand it.

As we all frantically dig, one of us finds the piece of gold (the answer to the very difficult cryptographic puzzle). The pool then tries to tell everyone as fast as possible "Guys, we found it, stop mining!".

That happens about every ten minutes, correct? Every ten minutes there is a new cryptographic puzzle and solving the old one is no longer of any value.

ElBurro

member

Activity: 101

Merit: 10

Notroll was my favorite until the pool op went nuts and started pilfering funds from miners. My alternate pool has always been litecoinpool.org. Lots of good stats, trustworthy staff, and the only other PPS pool that I am aware of. P2pool is your best bet if you have some time to get it set up correctly.

txmasut

sr. member

Activity: 280

Merit: 250

Vantacor

I'm really enjoying the new wemineltc.com

After the bugs were ironed out, I'm getting awesome numbers and less than 1% rejects after 24 hours straight.

Kinetic915

full member

Activity: 168

Merit: 100

I am having difficulty connecting to any pool other then notroll with reaper. Any suggestions? keep getting incorrect server

arctos

newbie

Activity: 57

Merit: 0

i use give-me-ltc.com

Kinetic915

full member

Activity: 168

Merit: 100

Ive heard alot about mining P2P can anyone explain that and its advantages?

Marv21

newbie

Activity: 59

Merit: 0

I like the wemineltc pool.
But donate at least 1%, please.
Dont kill that pool

Mogwai

newbie

Activity: 7

Merit: 0

@nightminer

That is a really nice explanation. Is that similar to a pool working on a block that is already mined into the blockchain, due to lag? And when the nonce is found by said pool, the block is considered stale?

ihavenousername

newbie

Activity: 23

Merit: 0

Litecoinpool.org

No real reason as to why its my favourite, was the first pool I signed up to and I just prefer it over coinotron/notroll

CodyCot

newbie

Activity: 50

Merit: 0

Quote from: nightminer on April 11, 2013, 10:52:32 AM

The way I understand it.

The network gives the whole pool 1 block to mine. Imagine that like being a piece of land. The pool then divides that land and tell everyone in the pool "You, mine that piece of land", "You, mine that other piece of land"

As we all frantically dig, one of us finds the piece of gold (the answer to the very difficult cryptographic puzzle). The pool then tries to tell everyone as fast as possible "Guys, we found it, stop mining!".

Problem is if pools get a bit slow or there are connection problems you never get the "Stop Mining" message. Your PC happily keeps mining the piece of land that the whole pool by now know does not contain gold. You PC then runs back to the pool, the good little puppy it is, and then says "I dug here and I found nothing. We can skip that land and you can give me a new piece to mine". The pool then says "Dude... we found gold ages ago, the rest of us are already mining on a new piece of land, WhereTF have you been!?".

And that... is a reject.

LXubGFfTZRGfvQRdoTwKizLDuNz2f8bpAS

Wow, nice analogy! I understand that perfectly now!

Thank you!

zulzedd

sr. member

Activity: 406

Merit: 250

Quote from: Kinetic915 on April 11, 2013, 09:45:02 AM

I am currently using notroll, can anyone recommend their favorite pool and why?

Thanks!

I'm using fresh WeMineLTC pool. Zero fees. https://bitcointalk.org/index.php?topic=169249.0;topicseen

nightminer

newbie

Activity: 42

Merit: 0

The way I understand it.

The network gives the whole pool 1 block to mine. Imagine that like being a piece of land. The pool then divides that land and tell everyone in the pool "You, mine that piece of land", "You, mine that other piece of land"

As we all frantically dig, one of us finds the piece of gold (the answer to the very difficult cryptographic puzzle). The pool then tries to tell everyone as fast as possible "Guys, we found it, stop mining!".

Problem is if pools get a bit slow or there are connection problems you never get the "Stop Mining" message. Your PC happily keeps mining the piece of land that the whole pool by now know does not contain gold. You PC then runs back to the pool, the good little puppy it is, and then says "I dug here and I found nothing. We can skip that land and you can give me a new piece to mine". The pool then says "Dude... we found gold ages ago, the rest of us are already mining on a new piece of land, WhereTF have you been!?".

And that... is a reject.

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lixoaqui

newbie

Activity: 10

Merit: 0

Also, you can check out this:
https://github.com/litecoin-project/litecoin/wiki/Comparison-of-mining-pools

lixoaqui

newbie

Activity: 10

Merit: 0

I'm using coinotron.com with no complaints so far.

CodyCot

newbie

Activity: 50

Merit: 0

Quote from: nightminer on April 11, 2013, 10:13:34 AM

https://coinotron.com/

Used to be over at http://ltc.kattare.com/ but the got a lot of rejects all of a sudden. Their stats page also showed pool efficiency of about 70%. Could be better now but I moved to https://coinotron.com/ because their servers support statum. It seems to help and I now only get about 3% rejects.

I don't suppose you would be so kind as to explain the Reject Shares?

I'm using http://ltc.kattare.com/ and it seems as though I got 2 out of 10 Rejected Shares.

What do they mean?

nightminer

newbie

Activity: 42

Merit: 0

https://coinotron.com/

Used to be over at http://ltc.kattare.com/ but the got a lot of rejects all of a sudden. Their stats page also showed pool efficiency of about 70%. Could be better now but I moved to https://coinotron.com/ because their servers support statum. It seems to help and I now only get about 3% rejects.

Kinetic915

full member

Activity: 168

Merit: 100

I am currently using notroll, can anyone recommend their favorite pool and why?

Thanks!

Topic: Best LTC pool? (Read 19635 times)