Litecoin Mining Pool Software Quietest Cryptocurrency Mining Setup

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Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

Find support across a growing number of Litecoin communities:. Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki.

Up-to-date network statistics can be found at Litecoin Litecoin pool software designers Explorer Charts. Source code for Litecoin Core and related projects are available on GitHub. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.

As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items. Wallet encryption allows you to secure your wallet, so that you can view transactions litecoin pool software designers your account balance, but are required to enter your password before spending litecoins.

This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments. Miners are currently awarded with 25 new litecoins per block, an amount which litecoin pool software designers halved roughly every 4 years everyblocks. The Litecoin pool software designers network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

Community Find support across a growing number of Litecoin communities: Resources Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki. Blockchain The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Wallet Encryption Wallet encryption allows you litecoin pool software designers secure your wallet, litecoin pool software designers that you can view transactions and your account balance, but are required to enter your password before spending litecoins.

Mining Reward Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years everyblocks. Download Release Notes Upgrade Notes. GPG Signatures 32bit 64bit.

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Mining litecoins since October 21, 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. Due to centralization concerns, it was decided to temporarily close new registrations; later in , registrations were reopened, but have since been subject to approval.

In August the back-end software was completely redesigned and rewritten from scratch to implement advanced efficiency and scalability optimizations that Pooler devised after implementing support for the Stratum protocol in cpuminer. This new implementation makes LitecoinPool. In September LitecoinPool. We wish to thank all the people who have, directly or indirectly, contributed to the development of this pool.

In particular, many thanks go to in alphabetical order: Welcome to the first true pay-per-share PPS Litecoin pool. Some of our key features: A Bit of History LitecoinPool.

Acknowledgements We wish to thank all the people who have, directly or indirectly, contributed to the development of this pool.