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How to calculate distance between two UTM coordinate? Shared and paid to miners. Is nushor a good guide value choosing a mining pool? Litecoin the correct version for either 32 value or 64 bit from here:.

And you win if Lucky Number is less than the number you chose. Also, unless a higher clock speed was specified at startup, it will not raise the clockspeed. Speaking of litecoin developers- I've also noticed some posts from certain litecoin devs that attack feathercoin and other projects related to litecoin. List of Largest Trading Partner. Click here to view our very own wiki!

Introduce Value Apps platform to you. I dislike mining on smaller pools. Litecoin a P2Pool Node. Drupal Affiliate more to read. Enter the percent here to have the result decreased accordingly. Nushor Mikrotik setup tips. I've been using https:. Where is Litecoin going? Please explain the motive behind a double spending attack. And how would they do it anyways? Steal the members coins and dump them into btce??

The only potential "problem" would be a server outage causing hashrate to fall significantly Every transaction you send via litecoin goes to an auditor miner to be audited then once the transaction checks out it is included in the ledger blockchain.

The whole idea that a mining pool would do this is sort of stupid. What motivation would they have to do this? It would compromise the value of LTC so dramatically that it could easily crash into Weimar banknote valuation. As of now, they are maybe half way there and there's 0 evidence that there's any motivation to collude with 2 other large pool operators.

So you are worried that wemineltc and at least two other pools will all group together to essentially destroy ltc because they might make some money for doing so? Thanks for the shoutout Neo. I support your efforts here, as I have too made similar reddit posts on hashrate awareness. Apologizes, the frontend had trouble with new users after litecoin boomed to 40 USD. We've since resolved the speed issues and website downtime. Mining however was unaffected. Yea man been running about 24 hours now with no hiccups thanks for all the effort in getting all fixed back up!

I also had HUGE issues with mine-litecoin. Not only was the website down frequently over a week, When I attempted to withdraw any ltc, It failed, and never processed the withdrawl. Any time i attempted a withdrawl after that, The service gave me a CloudFare forbidden.

Sorry you had those issues, you should be able to withdraw with no issues now. Please visit back and withdraw- if you have any issues let me know. I'm going to mine with ltcrabbit for a bit, see how they are. Depending on if I like it or not, I might come back to mine-litecoin.

I dislike mining on smaller pools.. I like steady consistent payouts. The last thing I need to do is mine for a new pool that goes belly up or decides to run off with bitcoins that are not confirmed. Especially when they have fees You would have very high chances. I've never tried solo mining with any real power, so I'm not sure how serious the ddos risk is.

However if you look at the top miners on many pools, you will so ridiculous numbers. I don't think it's a botnet. Any respectable site will disallow botnets WemineLTC is an example of a non respectable site, in many cases they've allowed botnets in their pool for personal gain.

Also the growth rates of botnets is usually exponential, and this user's had a pretty linear growth. Most likely a guy with a large warehouse, and a big grin on his face. They can occur naturally when two miners produce blocks at similar times or they can be caused by an attacker with enough hashing power attempting to reverse transactions. You do not get the 50 LTC reward for the block but during PPS it's pay per share instantly so you can't claw back paid out shares.

With PPS you also have long streaks of bad luck where the pool operator has to payout from his own wallet until the pool finds a block. I first started mining with Mine-Litecoin. It had great instructions on how to get everything up and running, but I eventually had to stop and cash out.

Your website is almost always down. It was nearly impossible to check my balance or adjust any settings though there. I wish you the best of luck, but you need to stay on top of that site. I would like to see a healthy network for litecoin. Spreading hash to different pools, nothing but beneficial towards litecoin. Mine-Litecoin has had its issues, I will not deny. But that doesn't mean the other pools aren't any good.

Is there a good guide on choosing a mining pool? As someone who's been using WeMineLTC since March, I refute not only your tone here but the fact that you took it upon yourself to get all holier than thou. You are massively misinformed about one of the most active pools in the community, who look after their users, who work along-side devs and who have helped the LTC network through some tough times. Neo, just signed up to your pool.

I will be transitioning off my old pools once my payout is available. You site is well organized and easy to use.

I've been using https: It is invite only so send me a PM if you want to join. Liteguardian is still one of the top pools with a high hashrate, try a lower one Good on LG for switching on invites though. Also to add to the list a new one, http: Sorry, my mistake looks like the original link to hashfaster. I still appreciate the initiative though, and I'd love to see more people using both P2Pool and smaller pools.

Hey I see your point here and you would be right in worst case scenario, but I have tried many different pools, some for couple days and few for about 4 hours yours included but I have noticed that I didn't get as much payouts for the time that I've mined on your pool as I do right now on wemine. I guess I could give a try for your pool once again, but I don't know, wemine is pretty stable for me.

I wouldn't touch Nushor's pool now. It went down soon after several blocks were found, not recovered since. No way to get money out. Saw some chat on BitcoinTalk forums about the pool owner borrowing money and not returning.

Maybe try our pool? Trust us with your workers for a week why not. I've been using wemineltc for about 8 months, never had any issues with them, in fact their IRC wemineltc is really helpful for new folks trying to get into mining, as well as tweaking setups to get better hashrates. I'm not sure if you're joking, but that is literally the issue.

Walmart is big enough that they can aggressively advertise and price themselves such to run mom and pops out of business and destroy the local economy. One of the major selling points to these non-fiat currencies is the decentralization.

Smashing any competitive litecoin pools out of the market, which are really there for your benefit. Competition is always good. If they don't I'll continually raise the fee like a maniac and laugh at my proceeds. Exit Strategy for Scrypt Mining. My favourite set of desktop-internet tools. Favorite Bursa Stock in Radar. Favorite DNS utility tools. Finance Promo of the Month. Another reliable source of statistic. Miner compilation memory error. General links of mining. Get Google Voice from Outside the U.

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