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The pool automatically serves work of optimal difficulty by estimating the speed of your miners and applying gradual adjustments to the share target.

It may take a couple minutes for the difficulty to stabilize. Share difficulty changes do not influence your expected earnings. Do not insert any whitespace or thousands separators. Keep in mind that difficulty can only be set on a per-connection basis, so if you connect multiple workers via a proxy they will all share the same difficulty this is a limitation of the standard Stratum protocol.

Moreover, the server may round or cap the difficulty you asked for in order to prevent denial-of-service attacks. Keep in mind that some ASIC devices particularly older ones may malfunction if you don't set an appropriate difficulty merged mining litecoin hardware.

Additionally, the pool also supports BFGminer's --request-diff option to manually set an initial share difficulty.

This makes it impossible for a man-in-the-middle attacker to send malicious spoofed requests to your miner. Merged mining litecoin hardware our servers support this feature, including the Tor hidden service. If you have many miners merged mining litecoin hardware within a local network, it is best to use the Stratum proxy for Litecoin mining.

Merged mining litecoin hardware proxy allows you to significantly reduce your bandwidth usage. The Python source is available hereand a binary for Windows here note that this is not the same as Slush's proxy, as it is optimized for Litecoin.

You start the proxy on one of your machines as follows:. Then you connect your miners to that machine on port with the usual pool worker username and password. For example, if the proxy is running on FAQ Would Litecoin mining be profitable for me? In practice, nowadays you can only make a profit by using ASIC application-specific hardware. Check out our mining profitability merged mining litecoin hardware. Litecoin and Bitcoin use two very different hashing algorithms scrypt and SHAd, respectively.

Is there a pool fee? No, even the nominal PPS fee was removed when merged mining was introduced. What is the PPS ratio? In practice, a Litecoin solo miner will always achieve a slightly lower ratio in the long run. For this reason, merged mining does not cause sudden difficulty spikes and does not harm any of the merged mining litecoin hardware networks. How and when does the PPS ratio change? The PPS ratio merged mining litecoin hardware on factors such as the current network difficulty and market price of merged-mined cryptocurrencies.

Since these elements can be highly volatile, the ratio can change at any time. Where merged mining litecoin hardware my Dogecoin balance? The pool does not merged mining litecoin hardware balances for Dogecoin or any of the other cryptocurrencies that it merge-mines. All accounting is done in litecoins based on the merged mining litecoin hardware PPS ratio, which takes everything into consideration.

Simply put, this means that instead of receiving separate payments in several cryptocurrencies, you receive more litecoins. Can I use the same worker name and password for more than one physical miner?

Yes, but if you use different workers it is easier to track your miners' performance. Your expected rewards will be the same either way. What happens if I reset a worker?

A reset resets all of a worker's counters and statistics: It does not affect an account's rewards or global statistics. What is share difficulty? Share difficulty is a number that gives an indication of how difficult it is to find a share.

The lower this number, the more shares a miner will find at a given speed, and the lower their value. For this reason, share difficulty does merged mining litecoin hardware affect miners' expected earnings. Why does the pool report more shares than my miner? This pool serves variable-difficulty work units, so when you solve a share the pool counts it with multiplicity, according to its difficulty. For example, if you solve a share that is four times as difficult as the baseline share, it gets counted as four shares.

The technique of adapting the difficulty to merged mining litecoin hardware miner's hash rate allows the pool to measure workers' speed more precisely while keeping bandwidth usage optimal. How does share difficulty influence my earnings? A higher share difficulty can only increase the variance, but not in a significant way. How is the value of a share a.

The standard PPS formula is used: Do block finders get extra reward? That would go against one of the main goals of the PPS systemwhich is to minimize variance. It would also make miners who don't find blocks earn less, as the PPS rate merged mining litecoin hardware need to be adjusted downwards.

We do list recently found blocks and their finders, but only for the sake of transparency. How do idle worker notifications work? You have the option to let the pool monitor your workers and notify you with an email when they go idle. Monitoring can be enabled separately for each of your workersso if you wish you can have the pool monitor only a subset of your miners. Merged mining litecoin hardware multiple workers go idle simultaneously within one minuteyou will only receive one email listing all of them.

You will not receive further notifications for any given worker until it starts submitting shares again, and in any case not before 15 minutes have elapsed since the last notification. Can I use an exchange address for payouts? While technically possible, we strongly advise against using addresses provided by exchanges or other third-party services. One of merged mining litecoin hardware main problems is that you do not fully control these addresses, and in particular if a problem arises you usually have no way to prove that you merged mining litecoin hardware the legitimate owner.

On the other hand, if you create an address on your computer using any wallet software, you can easily produce a digital signature.

If you decide to use a third-party address anyway, we strongly recommend that you do not lock the address. This is because at any point an exchange may stop accepting funds to an address and require you to use a new one yes, this has happened.

Why am I not receiving payouts? The exact conditions for payout are listed on your Payments page. Please note that for your own security, whenever you change your payout address all payouts are suspended for 24 hours. It is perfectly normal to get this message a few times per minute. It simply means that your miner is switching to a new work unit, because the previous one is no longer valid.

Because of the stochastical nature of mining, frequent work updates merged mining litecoin hardware are necessary for efficient merged mining do not mean that your work goes wasted. That is also normal for some mining software. I've just started mining and all my shares merged mining litecoin hardware being rejected, what's wrong? Make sure that your hardware and software support scrypt mining, and that they are configured correctly.

Configuring a GPU for Litecoin mining strongly discouraged at this point can be particularly challenging. My miner shows up as online, but with 0 speed. No, something is probably wrong with your configuration. See the previous question. Why doesn't the hash rate reported by the pool match that reported by my miner? Because of how pooled mining works, the pool has no way of knowing your exact hash rate, so it can only estimate it based on how frequently you submit shares.

After you start mining, it takes about 10 minutes for the estimates to become accurate. They will never be very precisethough; even if your miner's hash rate is steady, the pool estimate will keep fluctuating around the actual speed. The pool keeps reporting a much lower hash rate than my miner.

If the estimate displayed on the site remains merged mining litecoin hardware too low even after a few hours, then chances are that you are experiencing hardware errors. Mining software usually checks every solution generated by your hardware devices, and if one turns out to be incorrect because of hardware errors it rightfully doesn't even submit it. Since pools can only estimate your hash rate based on how many solutions you submit in a given amount of time, their estimate will be lower than your real raw hashrate.

This raw hashrate, which mining software usually displays, is, however, not meaningful if the solutions your card generates are wrong. If using cgminer or one of its derivatives, such as BGFminer, you need to make sure that all not just the top one of the HW figures are zero or next-to-zero; if that's not the case, you need to review your settings.

There are many things that can cause hardware errors, but the most common ones are: It is worth noting that modern ASIC circuitry tends to deteriorate with time and use, and that when one of the many hashing modules inside an ASIC goes bad there is usually no way to fix it. What are stale shares? Servers provide each miner with some unique merged mining litecoin hardware that the miner must merged mining litecoin hardware to find a share. This data needs to be updated every time a new block appears on the Litecoin network, and that's why merged mining litecoin hardware must promptly notify miners when they detect a new block.

Every second you keep on mining for the old block is wasted, because that block has already been found. Stale shares are caused by latency, which merged mining litecoin hardware happen at various levels. Merged mining litecoin hardware most obvious cause is a high ping time to the server, which however shouldn't affect the stale rate by more than 0. Should I set the --no-submit-stale option in cgminer?

No, you should not set that option. If you set it, your rewards may be lower.

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IO is a bitcoin mining pool having operated from and allowed bitcoins to mine using personal hardware or cloud-based mining power. In October, , GHash. IO pool has been closed.

At the moment, the team behind former GHash. IO pool offer enterprise mining solutions upon request. IO worked in conjunction with CEX. Apart from mining bitcoin, GHash.

IO hosted a Multipool for mining altcoins , as well as separate pools for mining Litecoin , Dogecoin , Auroracoin and Darkcoin. Altcoin mining options were available for independent miners, while bitcoin mining could also be done in the cloud by purchasing cloud-based mining power on CEX.

IO could buy shares of Ghash. IO mining hardware to operate on the Ghash. This is an innovative form of cloud mining which allows miners to enter and leave the bitcoin mining market quickly, without needing to purchase mining hardware. Although most traders take advantage of these cloud mining features of Ghash. IO, actual mining hardware could also be redeemed through CEX. IO closed in , CEX.

IO continued operating as a bitcoin exchange. Shares are hashes, smaller than the target with a difficulty of 1 usually pools use the same difficulty as the target for shares, but technically any difficulty could be used.

Every hash created has a 1 in possibility of being a valid share. In order to mine bitcoin in a more evenly-distributed and predictable way, miners often use pools; if this is the case, miners are awarded bitcoins according to the shares they submit. On April 8, , GHash. IO presented a new script-mining feature, GHash. IO Multipool, which enabled users to mine the most financially rewarding coins at any given moment and benefit from additional settings, such as the conversion and the switch settings.

This new feature allowed users to mine new cryptocurrencies and convert them into bitcoins or Litecoins, as well as to set the miner to withdraw from the current job when switching coins. The Multipool-Pro functions on the basis of the proportional reward system — when a given block is mined, the reward is divided up among all workers proportionally according to the size of their share.

Due to the popularity of Ghash. This kind of attack occurs when a single miner or mining pool is able to mine multiple bitcoin block rewards in a row.

This would be a problem for the bitcoin network, because it hypothetically allows the mining pool to double-spend bitcoins. In July , the GHash. Since it is currently difficult to develop a long-term solution to this problem, the participants agreed to implement some temporary measures. IO released a voluntary statement, promising that it will not exceed IO representatives asked other mining pools to follow their example for the sake of the entire bitcoin community.

From Wikipedia, the free encyclopedia. The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. Please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention. If notability cannot be established, the article is likely to be merged , redirected , or deleted.

Retrieved 13 August Retrieved 17 January History Economics Legal status. List of bitcoin companies List of bitcoin organizations List of people in blockchain technology. Retrieved from " https: Alternative currencies Bitcoin exchanges Cryptocurrencies Companies established in Bitcoin companies. Articles with topics of unclear notability from October All articles with topics of unclear notability. Views Read Edit View history. This page was last edited on 18 January , at By using this site, you agree to the Terms of Use and Privacy Policy.