Best mining pool for litecoin
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. While this change doesn't affect mining rewards, there is a minor downside, and that's that the precision of speed estimates gets drastically reduced.
For this reason, slower miners may prefer pools with a lower share difficulty, so that they can get more precise statistics on their workers. To overcome this problem, some pools implement adaptive solutions that serve work units with variable difficulty depending on the speed of each miner.
This technique is commonly referred to as vardiff. Even if officially difficulty is defined the same way as for Bitcoin, for historical reasons the value is sometimes multiplied by 2 But for such loyalty, pool establishes the fee, so some miners may have smaller reward, than usual for the unit.
With this type of payment, the pool allocates the consideration between earners proportionately, according to the share of each miner per round.
The most common form of payment. Pool, works with this type of payments, pay miners for the past added share, despite of the round. So, the choice is yours. If you are using the ASIC, be sure to set the variable complexity of your pool, otherwise you run the risk of not achieving your goals and spend your time on the meager share of production.
Forgot password Sign up Sign in. If you have already got own farm and are ready to start mine cryptocurrency, there is a one question: Now look at the most popular forms of payment in pools: The best TOP for miners for litecoin mining: What is the cryptocurrency faucet and is it beneficial?
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