Welcome to litecoinpool.org🔒 SSL Verified

Table of Contents

• ↓ The Reward System
• ↓ A Bit of History
• ↓ Acknowledgements
• ↓ Top Alternatives to litecoinpool.org

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Content Snippets from litecoinpool.org

"Welcome to the first true pay-per-share (PPS) Litecoin pool. Some of our key features:"

"Every valid share you submit to this pool is instantly credited to your account at the current pay-per-share (PPS) rate. We take on the risk of bad luck so you don't have to deal with variance and orphaned blocks; this is why the service requires a 2% nominal fee."

"Note that PPS fees are only nominal, and cannot be compared to proportional/PPLNS fees. On those systems, miners are only rewarded when and if a block matures, but a significant fraction of all blocks found get orphaned from the network, and therefore yield no reward. For this reason, a 2% PPS fee does not mean that we keep 2% of what is mined, not even in the long run."

"LitecoinPool.org was started shortly after the birth of Litecoin by Pooler, who was 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."

Key Topics & Focus Areas for litecoinpool.org:

The Reward System

A Bit of History

Acknowledgements