Litecoin pool fees
Each pool may have different payment methods--select the method which works best for you. A frequently updated list of each pool's hashrates , as well as a hashrate api are available.
If possible, please help the network by mining with a pool that doesn't have a large part of the network hashrate. The following is a list of P2Pool nodes that can be used by the public. All nodes require no registration and can be connected to by simply passing your LTC address as the username and anything as the password. The nodes are also interchangeable due to the nature of P2Pool and, as such, it is recommended to setup more than one in your miner configuration as a fallback.
A more comprehensive list of P2Pool nodes is available from geeks. The list is sorted by the date the pool was announced Launched --clicking a column header will change the sort method. There is no "normal" or "standard" or "base" difficulty for Litecoin pools. Difficulty is measured in the same way as Bitcoin difficulty, but since the hashing algorithm used by Litecoin is much more complex and therefore slower , pools need to use a share difficulty lower than 1.
In the first months after the launch of Litecoin, most pools used a share difficulty of 2 or 2 They could have used even lower values, but there was no point in doing that.
After GPU mining became widespread, most pools moved to higher difficulties, such as 2 The reason behind this was to decrease bandwidth usage, as a higher share difficulty results in fewer shares being submitted.
New to Litecoin mining? Read our Beginner's Guide! Every valid share you submit to this pool is instantly credited to your account at the current pay-per-share PPS rate. This rate, expressed in litecoins, also takes into account merged-mined coins such as Dogecoin, resulting in higher payouts than a regular Litecoin pool. Thanks to merged mining, you have to pay no fee; in fact, your earnings may even be higher than with a 0-fee PPS system. On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from the Litecoin network, and therefore yield no reward.
A PPS pool, on the other hand, takes on the risk of bad luck so you don't have to deal with variance and orphaned blocks. Since the very start, the pool used ad-hoc software: Pooler wrote the front end entirely from scratch, with security and efficiency in mind, while the mining back end was originally a heavily-modified version of Jeff Garzik's pushpool.
After two weeks of intensive testing, on November 5, the pool opened its doors to the public, becoming the first PPS pool for Litecoin. In April LitecoinPool.