Solo Mining Pools – Gambling for the 21st Century

4 stars based on 62 reviews

TBDice automatically takes your litecoin address and gives you a unique stratum connection mining to your own solo litecoin mining pool. If you find a solo litecoin mining pool, All you need to confirm you are mining to your own address is to examine the coinbase and template sent to you over stratum. When you find a block, just follow the link in blocks page to double check where the coins went. This configuration is recommended. MutliSig addresses solo litecoin mining pool with 3 are properly supported.

Set your username to your LTC address with any or even no worker extension, and any password. If you enter an invalid address it will be ignored and earnings will be generated to the following address: If you have it correct it will say Self. It is up to you to chose any combination of the above. On multiple worker disconnect events within 60 sec time frame only the last event will be mailed.

Same applies for authorize event also. All pages are showing LTC difficulty. In order solo litecoin mining pool match the numbers to your s bf gminer stats you will need to multiply corresponding diff values by The pool solo litecoin mining pool configured to start you mining at difficulty. The pool supports difficulty setting inside your password. DOGE addresswhere xxxxxxx can be any positive integer value. The new diff can be used when you are renting equipment which requires higher difficulty setting, or you need your diff to be exactly power of two or whatever other reason you might have.

You can use this simple formula to find out your starting difficulty: To be on a safe side you can use next power of two integer value, which is: Unless there is no particular reason please do not set your diff inside password string. The pool auto adjusts per instance difficulty to maintain a share rate of approximately 3 shares per 10 seconds. The new diff feature sets your worker min difficulty limit also.

Poll will not adjust your worker diff below it. The current worker difficulty is available on workers page. DOGE difficulty retargets every block, so it is currently ranging between 13, and 33, in very short intervals of time. This means it is possible to get a best share of 28, when DOGE difficulty is 32, and a few minutes later someone finds a block with only a 21, share when DOGE difficulty is 19, Con Kolivas - Core project solo litecoin mining pool, maintainer, author of ckpool and libckpool.

Mark - Strong pool supporter who helped us with site language and style. Andrew Smith - Maintainer and author of ckdb.

Luke Dash Jr and his crew. Pool, Miners and Workers Stats: The pool fee is divided as follows: LTC Net Live stats.

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My question is, should I be mining solo? Thats how it works, you can be very lucky, go solo and keep finding blocks, but it can be the other way around. I think you need a full node to solo mine. I suspect I need to set up a server, run litecoind, and do some other things then configure the A4s to connect to that server? I ended up working on this today, after thinking more about how I want to participate in Litecoin, I realized beyond wanting the full reward, I just want contribute by maintaining my own node.

I put together a tutorial on how I setup my own node and mining pool for my machines here: Definitely going to post here when I find my first block. Hopefully, that happens in the next 30 days…. So far things seem to be working out. Though when mining at litecoinpool.

Those stats above are over the course of 3 months. First 15 days my hash rate was in the 10s of MHs though. Still no blocks found. I have an alert set up for that too. Currently set to my workers hash at Mhs, Mhs, and Mhs.

The difficulty is set at the pool so each workers is getting the same difficulty. Anyone besides me think that this will be worth it? First, I looked into merge mining Dogecoin. Could not figure that out for the life of me. Spent many nights up late trying to research how to do it.

Second, my more powerful machine seems to stop sharing and does not fail over to another pool. I have Stackdriver logging setup to watch share activity and I get an email when this happens. Screen Shot at A simple reboot of the miner solves the issue.

Thanks, everyone who has contacted me about my tutorial on Github , please star my repo if you found it helpful or informative. Agreed, the 25LTC reward will make it all worth it.

When I was mining as part of a pool, it took me like 45 days to find a block which is lucky. I also have two Gridseeds which were my mining training wheels. The prospect of a full 25 LTC reward still seems worth it.

Still having issues with where my machine stops submitting shares. What I also find crazy is just how fast the difficulty has jumped. I have a question, where do you buy your mining rigs… all the places I have seen around they all look like a scam…. Good to know someone else is out there hoping for the I get lucky.

I was just wondering is it possible to set up the stratum server on an old computer and connect it to your home network? I am still eagerly waiting to find a block. I am still eagerly awaiting a block. I get tempted to stop trying to mine solo and just go back to pool mining all the time. For anyone reading this, I recommend sticking to pool mining at the moment. I spent the last week digging into the concept of share difficulty and eventually settled on bumping the share difficulty I was using up significantly.

I opted to go with a difficulty of which gave me between 4 and 10 shares per minute. I hear that the share difficulty has no impact on the earnings however, I also hear that setting a higher share difficulty puts more of the work on your miner.

So the worker spends more time hashing in order to find a hash that meets or exceeds the share difficulty. The other configuration I looked into was maxconnections on the Litecoin Daemon.

This is just a number to limit the peers that my Litecoin Node will connect to. I left this out at first and noticed my instance was sucking up a lot of bandwidth and I had about 90 connections or so. Seems like that project is more maintained and comes with a front-end which might be interesting. I did a ton of research back in into open source stratum mining software and the database for registering users and setting up wallets, unfortunately a lot of what I learned at the time has already been improved upon and updated….

But now you got me thinking about it for sure. I used to point my older equipment to a solo pool op that nicehash ran something like solo. Now I just point them to my own pool. If you need your own pool and want to run your own node, I can help you out though.

Node Open Mining Pool. I plan on switching my underlying software this weekend to use that codebase instead of the version I used from UNOMP. In the long run, I think going solo will be a better option because of the transaction fees. Solo Mining vs Pool Mining Mining. Thats how it works, you can be very lucky, go solo and keep finding blocks, but it can be the other way around I think you need a full node to solo mine.

Solo Mining Litecoin I hope some people find this useful. Let me know what you think about the tutorial. Hopefully, that happens in the next 30 days… So far things seem to be working out.

There were some bumps. What miners do you have? Straight from the manufacturer or eBay. Yes I find it easier to work with. Right now I just use CloudWatch as my view into the performance of the system. I did a ton of research back in into open source stratum mining software and the database for registering users and setting up wallets, unfortunately a lot of what I learned at the time has already been improved upon and updated… anyway keep up the updates!!