by joining a pool rather than going it alone. You can also go to other forums and articles to read up on what others think of the various Litecoin mining pools, but I dont think youre going to hear much different than what youll learn here. New to Litecoin mining? This is not a pplns, smpps or rbpps pool: we always pay for your work, even if the pool has not yet solved enough blocks to cover the earnings generated. A Bit of History.
It was started by three engineers, two of whom are brothers. Zcash pools available at viaBTC. 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. Org Statistics, because of that registrations were closed for several months, and since then it has required approval to get accepted to the LitecoinPool. In addition, ProHashing will merge mine coins whenever possible, increasing profitability even more. Two-factor authentication support, website and mining interface also accessible as Tor hidden services. 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. 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. That coin is determined by the ProHashing custom algorithm, with profitability recalculated by the algorithm multiple times per second. Thats ok, you soon wont.
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