How to mine dogecoin 2017 cpu
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Read more Large mining pools It is recommended not to use mining pools which have a large part of the total network hash rate.
Think of it this way, what made you decide to join one of these big pools? Was it because bigger is better? For mining, bigger doesn't mean it's better.
Joining a bigger pool does not mean bigger or faster payouts, especially when free ltc mining pool payment system is probably the same one used by nearly every other pool PPLNS. Maybe because the big pools are established and trusted? Many of the large pools were created during the Litecoin rush of April There are free ltc mining pool smaller pools that were created at the same time or earlier.
You can take a look at The Litecoin hash rate distribution chart and avoid joining the biggest pools. Or if you are currently mining them, please Spread the Hashes and consider switching to a pool with a smaller percentage of the total network. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. High variance reward system to those that like a gamble.
You get more for shares of higher difficulty, meaning you get a big reward if you're the block finder. Similar to proportional, but instead of looking at the number of shares in the round, it looks at the last N shares, regardless of round boundaries.
Each submitted share is worth a certain amount of Litecoin. It is risky for pool operators, hence the fee is highest. When a block is found, the reward is distributed among all workers proportionally to how many shares each of them has found.
Like PPS, but payouts are delayed until a block is found and confirmed by the network. If a found block gets orphaned, earnings relative to it are not paid. Difficulty There is no "normal" or "standard" or "base" difficulty for Litecoin pools. Difficulty is measured in the same way as Bitcoin difficulty, but since the hashing algorithm used by Litecoin is much more complex and therefore slowerpools need to use a share difficulty lower than 1.
In the first months after the launch of Litecoin, most dree used a share difficulty of or They could have used even lower values, but there was no point in doing that. After GPU mining became widespread, most pools moved to higher difficulties, such as The reason behind this was to decrease bandwidth usage, as a higher share difficulty results in fewer shares being submitted.
While this change doesn't affect mining rewards, there is a minor downside, and that's that the precision of speed estimates gets drastically reduced. For this reason, slower miners may prefer pools with a lower share difficulty, so that they can get more precise statistics on their workers.
To overcome this problem, some pools implement adaptive solutions that serve work units with variable difficulty depending on the speed of each miner. This technique is commonly referred to as vardiff. Even if officially difficulty is defined the same way as for Bitcoin, for historical reasons the value is sometimes multiplied by This is free ltc mining pool part due to the fact that early versions of cgminer did not support non-integer difficulties, free ltc mining pool was the lowest share difficulty used by Litecoin pools.
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