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Mining litecoins since October 21, New to Litecoin mining? Read our Beginner's Guide! Every valid share you submit 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 payouts than a regular Litecoin pool.

Thanks to merged mining, you have to pay no fee; in fact, your earnings may even be higher than with a 0-fee PPS system. On other systems, miners are only rewarded when and if a block matures, but sometimes blocks get orphaned from the Litecoin network, and therefore yield no reward. A PPS pool, on the other hand, takes on the risk litecoin online mining pool bad luck so you don't have litecoin online mining pool deal with variance and orphaned blocks.

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 litecoin online mining pool back end was originally a heavily-modified version of Jeff Garzik's pushpool. Litecoin online mining pool two weeks of intensive testing, on November 5, the pool opened its doors to the public, becoming the first PPS pool for Litecoin. In April LitecoinPool.

Due to centralization concerns, it was decided to temporarily litecoin online mining pool new registrations; later inregistrations were reopened, but have since been subject to approval. In August the back-end software was completely redesigned and rewritten from scratch to implement advanced efficiency and scalability optimizations that Pooler devised after implementing support for the Stratum protocol in cpuminer.

This new implementation makes LitecoinPool. In September LitecoinPool. We wish to thank all the people who have, directly or indirectly, contributed to the development of this pool. In particular, many thanks go to in alphabetical order: Welcome to the first true pay-per-share PPS Litecoin pool.

Some of our key features: A Bit of History LitecoinPool. Acknowledgements We wish to thank all the people who have, directly or indirectly, contributed to the development of this pool.

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Login using your wallet address as username. An optional workername can be appended to your address separated by a dot character. Leave the password blank. Even with free electricity the profits are so small that they are hardly worth the effort. Before you can start to mine you need to create a wallet. Although Litecoin is a digital asset, you still need a place to store them. This is done in a digital wallet. There are multiple methods to obtain a wallet which vary by ease of use and the security they provide.

Exodus is the a desktop multi-asset wallet with built in ShapeShift support for converting between crypto-currencies. The application is comfortable to use available for Windows, macOS and Linux. One of the best features of this multi-currency wallet the client-side encryption of your private keys which means you stay in full control of your keys which never leave your machine in unencrypted form.

A hardware wallet is a special type of wallet which stores the user's private keys in a secure hardware device. Hardware wallets offer robust safety features for storing cryptographic assets and securing digital payments. Popular hardware wallets are the Ledger Nano S and the Trezor. Another possibility is to create a wallet at LiteVault.

Please make sure to immediately backup your wallet keys after creating a wallet. We recommend using a password store such as KeePass or 1Password for that. For long-term storage of Litecoin you can create a paper wallet. A paper wallet is extremely secure if you guard your private key by storing it in a password vault such as KeePass or LastPass or printing it out and depositing the sheet in a real bank vault. There are multiple digital currency exchanges you can register with.

Registering with an exchange allows you to create a wallet on the exchange for every currency the exchange supports. Registering with an exchange is probably the most convenient way to obtain a wallet. Unfortunately it is also the least secure one. Exchanges have been hacked in the past! Popular exchanges supporting Litecoin are: This page uses Javascript.

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Now enter your Litecoin address in the "Worker" field of the first pool. If you don't know your Litecoin wallet address, read this section first. Getting a Wallet Before you can start to mine you need to create a wallet. Exodus Wallet Exodus is the a desktop multi-asset wallet with built in ShapeShift support for converting between crypto-currencies. Hardware Wallets A hardware wallet is a special type of wallet which stores the user's private keys in a secure hardware device.

LiteVault Another possibility is to create a wallet at LiteVault. Paper Wallets For long-term storage of Litecoin you can create a paper wallet.

Registering with an exchange There are multiple digital currency exchanges you can register with.