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Best Litecoin mining pools | Top 5 LTC Mining

Best mining pool for LTC

I can’t justify crypto for miners anymore 3 months later…and with bitmain it is dubious if you got them on a price pump…supposed firmware update in july kept all L3+'s for 6 weeks mined my units…drove difficulty up 1/3 then when arrived my firmware said Jan 2017! Thus if they did it because of the up to 50 buck pump they will do it again…

So if you think crypto is gonna pop …scrypt-pow or LTC you are better off mining what you have and HODL Best scrypt mining pools risk paying 3x for the equip Best scrypt mining pools coin when/if they arrive

If you think crypto and LTC of the like is gonna dump…you also don’t want to buy dubious equipment

And if it goes sideways…you don’t want to waste your coin…now for when it pumps later!

You got some cash laying about and want one for a toy …sure…write it off at tax time

But my days Best scrypt mining pools crypto for big miner purchases and data halls are now gone…

If self employed at this as a pt biz you can write off ALL of self paid for biz health insurance (except HSA) so acts like equip 100% off gross…you can fund 35k or so I think it is at 100k rate…so if you make 50k it Best scrypt mining pools likely 17k into such…also taken off like equip off gross

2-3 months for crypto value now…to maybe get equip that maye will ROI…hell I just don’t see it

I’m waiting till around July 2018…I may get some (really, really, iffy and dubious) obelisk miners for SC coin and deca coin…but that is only because I have 1/2 price coupons from last dubious purchases

Likely they are door stops the day they arrive but beyond that silliness as a 1/2 price bet…I’m holding off

Days of filling data hall may be gone back to basement winter heating mode end of 2018 at Best scrypt mining pools me thinks

Hope I am wrong…but not looking likely imho

It was so bad I spent 5k on a loaded alienware laptop with expanson chassis and gaming card…50% was gonna go to IRS anyway …I get 25% back on equip depreciation (biz computer use don’t ya know ) the 25% IS applied to taxes I know I’m gonna have to pay anyway…so the cost for this beast out of pocket was 25%

Wish I could have done this for Best scrypt mining pools company car…(CPA said this stunt works if I use it for work …car nope)

I suppose I should have gotten a xerox machine and a fancy ass printer too…but did not think of it in time

This is what happens when you buy equip and announce april 1st on bitcointalk with LTC at $4.15 or so usd oer whatever and you call it a 6 buck floor…

There are tax consequences on 4.15 to 250 buck LTC let me tell you…

But 90% of what I made last year I paid with crypto off (no debt) so mining better work some in 2018 or I am gonna be very, very sad…(as I eyeball the local microwave tower)

So nope…after July 2017 it made no sense to buy equip with crypto…that boat may have sailed I expect

hobby mode once the evil titans and the bitmain units go doorstop

But will wait till July 2018 to make any real choice I have other stuff to use crypto for till then (pos coins probably that stake…like mining)

Later

brad

What is a Pool?

Welcome to litecoinpool. org

Mining litecoins since October 21, 2011

New to Litecoin mining? Read our Beginner's Guide!

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

Exclusive ultra-low-latency Stratum server implementation, written in CSupport for Stratum over TLS, to prevent MITM bet mining (AuxPoW) of several altcoins, paying out in litecoinsSupport for the resume extension to StratumAdaptive share difficulty (“vardiff”), with support for manual tuningNetwork of 8 geographically-distributed, redundant serversDetailed stats poops every few secondsEmail notification of idle minersFee-free poosl and manual beest payoutsTwo-factor authentication supportWebsite and mining interface also accessible as Tor hidden servicesExtensive JSON API

The Reward System

Every valid share you Best scrypt mining pools 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 scfypt than a Best scrypt mining pools Litecoin pool. Thanks to merged mining, you Best scrypt mining pools to pay no fee; in svrypt your earnings may even be higher than with a 0-fee PPS system.

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 poolls earnings generated. On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from Best scrypt mining pools 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.

A Bit of History

LitecoinPool. org was started shortly after the birth of Litecoin by Pooler, who is well known in the community as a Best scrypt mining pools of the Litecoin core development team and for being bbest maintainer of the cpuminer software package. Since the very start, the pool used ad-hoc software: Pooler wrote the front end entirely from poolx, 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 LitecoinPool. org 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 Best scrypt mining pools 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 Best scrypt mining pools 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 bewt optimizations that Pooler devised after implementing support for the Stratum protocol in cpuminer. This new implementation makes LitecoinPool. org the first Litecoin pool based entirely on software written from scratch, piols the first pool to implement extensions to the Stratum protocol such as “resume”, “suggest_difficulty” and “suggest_target”.

In September 2014 LitecoinPool. org also became the first Litecoin pool to offer secure mining over TLS-encrypted Stratum connections, protecting miners from potential man-in-the-middle attacks.

Acknowledgements

We wish to thank all the people minlng have, directly or indirectly, contributed to the development of this pool. In particular, many thanks go Best scrypt mining pools (in alphabetical order): coblee, DeLorean731, Derringer, diki, g2x3k, Graet, guruvan, inlikeflynn, jgarzik, LittleDuke, piperitapatty, pontius, rTech, shawnp0wers, ssvb, terrytibbs, WKnight, Xurious.

Best Litecoin Mining Pools | Top 5 LTC Mining » CoinFunda

Best scrypt mining pools Verge Mining Pools: Where to Mine Your XVG

Verge is another of the privacy-centric cryptocurrencies, focused on privacy and anonymity for its users.

Verge makes its anonymity possible by building its blockchain on top of Tor and I2P services which serve Best scrypt mining pools hide users personal data, such as their IP address and geolocation.

Something else that is interesting and unique about Verge is its proof-of-work consensus algorithm. Unlike many other cryptocurrencies, it uses a combination of different algorithms. All of these consensus algorithms still allow users to mine Verge on their home computer’s GPU. This is a huge bonus and this type of home mining works very well if you combine your hash power in a Verge mining pool.

But which pools are the best to join?

In this post, we will take a look at some of the most profitable Verge mining pools as well as Best scrypt mining pools you everything that you need to know about choosing the best pools.

Verge Best scrypt mining pools Overview

Verge mining allows the miners to make rewards for securing the Verge Best scrypt mining pools and Best scrypt mining pools blocks and transactions. It’s also how new Verge tokens are created. While Verge uses 5 different algorithms for mining, they are all Proof-of-Work algorithms. Verge chose to use PoW because it is considered the most secure consensus protocol.

The process of mining uses the processing power of a computer to solve a difficult cryptographic problem. When the problem is solved a new block is discovered, and all the transaction data in that block is validated.

The creation of blocks also rewards the miners with new Verge tokens. Because several of the algorithms are ASIC resistant, Verge can still be mined with a basic GPU. In addition to a graphics card miners also need a Verge wallet and specialized mining software.

Verge Consensus Algorithms

Most cryptocurrencies use just one consensus protocol, so Verge is somewhat unique since it allows for mining with five different algorithms. The algorithms supported by Verge are Scrypt, X17, Lyra2rev2, Myr-groestl and Blake2s.

Note that the Scrypt algorithm Best scrypt mining pools dominated by ASIC rigs Best scrypt mining pools isn’t really suitable for home mining. Most of the other algorithms will work best with Nvidia cards, with the exception of myr-groestl that performs best with AMD cards. One other possibility is to dual mine Ethereum and Verge, since the Claymore Miner supports dual mining of Blake2s Best scrypt mining pools tokens.

Pool Mining Verge

Because I’m guessing most of you aren’t running ASIC rigs from your home you’ll want to pool mine rather than solo mine. Pool mining allows you to pool your computing resources with other miners around the globe, making it easier and faster to find blocks, and make rewards. Pool mining is very popular for coins that don’t depend on ASIC rigs.

Image via Fotolia

Solo mining, as you might guess from the name, is done on your own, and this makes it unlikely that you’ll have enough hash power to find a block very quickly. The upside of solo mining is that you don’t have to share the reward, but the downside Best scrypt mining pools that it could take months to get any reward.

Sticking with a mining pool will allow you to collect some small reward every day.

Before choosing a pool you’ll need a Verge wallet, because the mining pools will need a wallet address to send your Verge to. You can download Best scrypt mining pools Wraith Wallets for Windows, Linux and OSX or store your Verge privately Best scrypt mining pools your mobile with the Verge Tor wallet.

Now you can get down to the business of choosing a Verge mining pool. As I mentioned above, most of the algorithms are best for Nvidia cards, but AMD cards can use the myr-groestl algorithm. And the Scrypt algorithm is best avoided since it is dominated by ASIC rigs.

Here are some choices of verge mining pools for each algorithm:

Scrypt

If you’re just stubborn or have some other reason to go with Best scrypt mining pools Scrypt algorithm one very good mining pool is CoinFoundry. It’s not the biggest mining pool, but it’s big enough to find blocks regularly and fairly quickly.

Coinfoundry XVG Scrypt Pool Stats

It also has a low 0.75% fee, which is better than most. There are servers located globally, and uptime is 100%. Other Scrypt mining pools for Verge include:

X17

You can also use CoinFoundry to pool mine Verge with the X17 algorithm. If you want a more popular option however, you could choose Suprnova. cc instead. This is a popular pool for many different coins, and is well trusted in the Best scrypt mining pools community.

Suprnova XVG X17 Mining pool Stats

They have a slightly higher fee of 1%, but also have global servers and 100% uptime. You can also use Suprnova to mine on Best scrypt mining pools Myr-Groestl algorithm. Other popular X17 mining pools for Verge include:

Myr-Groestl

This is for those out there with AMD cards in their computers. One of the top mining pools for this algorithm is IDCray, which is based in China, but has servers around the world.

IDCray Myr-Groestl Verge Mining pool stats

They also have the standard 1% fee and one of the largest myr-groestl mining pools for Verge. IDCray also supports other Verge hashing algorithms on its pools such as Lyra2rev2. There are some other options if you’d like to mine with a pool not based in China:

Lyra2rev2

When using the Lyra2rev2 algorithm you have a number of alternatives, some of which are the same pools that are listed above. One different pool is the Block Masters pool, which is interesting because it has a super low fee of just 0.25%.

Block Masters Lyra2rev2 Pool Stats over past 30 days

It also has a fairly large number of miners and hash rate, and global servers. I wasn’t able to find uptime information, but it is a favored site among Verge miners so you can bet that it is at or near 100%. Some other options for mining Verge with Lyra2rev2 Best scrypt mining pools, but not least, we come to the blake2s algorithm. One of the most popular mining pools for this algorithm is the Verge Blake2s CryptoCartel mining pool.

CryptoCartel Blake2S Verge Mining Pool Stats

It has a low 0.5% mining fee, and thousands of miners so you know there will be plenty of blocks found. There’s no registration required at the site, which maintains your privacy. If you want to mine somewhere else these sites Best scrypt mining pools support blake2s Verge mining:

Conclusion

Privacy-centric coins have become increasingly popular over the past year, and Verge has been rising Best scrypt mining pools along with other popular privacy coins. With the RSK technology coming at the end of 2018, Verge will be the only privacy-centric cryptocurrency that can also do smart contracts. That should give the coin a boost.

From the home mining perspective it’s a great coin because it lets you choose between five different algorithms to mine. While Scrypt isn’t really suited, the other four are, so even if one were to find itself overtaken by ASIC miners there would still be plenty of room for the home miner.

With privacy, anonymity and fast transaction speeds, Verge has quite a lot going for it, and could be one of the coins that ends up as a top contender for regular daily transactions. It’s too early to tell, but mining some at home when you aren’t using your computer anyway certainly won’t hurt.

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