Litecoin Mining Calculator - My Crypto Buddy
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. This is 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. Litecoin was started shortly after the birth of Litecoin by Pooler, who is well known in the community as a member of the Litecoin core development team and for being the maintainer of the cpuminer software package. 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, 2011 the pool opened its doors to the public, becoming the first PPS pool for Litecoin. In April 2012 Litecoin also became the first pool to support variable-difficulty shares, a technique later dubbed “vardiff” by Bitcoin pools, allowing miners to drastically reduce their network bandwidth usage. Thanks to its advanced features and its reliability, the pool quickly attracted a very high number of miners, to the point that during the first half of 2012 it often constituted over 40% of the entire Litecoin network. Due to centralization concerns, it was decided to temporarily close new registrations; later in 2012, registrations were reopened, but have since been subject to approval. In August 2013 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.
Litecoin Difficulty Calculators are misleading. The proper approach.
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Litecoin Price Analysis - Bull trend losing steam Brave
From Coindesk by Nermin Hajdarbegovic | Bitcoin mining on a standard GPU is a thing of the past. Put simply: it’s no longer economically viable, given the power consumption of discrete graphics cards and their relatively high price. ASICs are a no-brainer when it comes to bitcoin, however litecoin is a different story. Unlike its counterpart, Litecoin can still be mined using off-the-shelf hardware, namely via AMD Radeon graphics cards. There are still no ASIC products for Scrypt, litecoin’s algorithm, and this will not change for the next few months at least. It is rumoured that litecoin ASIC systems are being developed by Alpha Technologies, but it will be a few months before they hit the market. Furthermore, Scrypt is a very different beast, as it requires a lot more memory and different ASIC designs. This means that Scrypt ASICs could become significantly more expensive than the existing ASIC-based bitcoin mining solutions. In any case, Radeons are currently the weapon choice for litecoin miners and earlier this week several tech sites reported that litecoin miners are causing a shortage of Radeon graphics cards. While it is true that some cards in some markets are in short supply, it is very difficult to attribute this to litecoin miners without any concrete data from AMD, its add-in-board (AIB) partners and distributors. Therefore, it is probably convenient to make such claims, as they cannot be easily disproven.
Litecoin Difficulty chart - BitInfoCharts
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