In this post, we will talk about “Litecoin Mining Pools”. In the previous post, we talked about “Will Litecoin be the next Bitcoin“.
Table of Contents
Litecoin Mining Pools
Before dwelling on Litecoin Mining pools; it is important to understand the concept of Litecoin Mining first. Please see our complete guide about Litecoin Mining here:
- A complete guide of Litecoin Mining for Beginners
There are 21 Million Bitcoins, Litecoin rise up to 84 Million. While Bitcoins keep running on the SHA-256 Algorithm, Litecoin makes use of the Script calculation for evidence of-work hashing. Litecoin has been around since 2011 and is one of the most established and most presumed cryptographic forms of money in the business sectors.
Introduction to Litecoin Mining Pools
List of Best Litecoin Mining Pools
1) Give Me Coins
Give Me Coin is one of the small Litecoin mining pool but it is currently donating 16 GH/s to the network of mining pools.[bctt tweet=”Give Me Coin is one of the small Litecoin mining pool but it is currently donating 16 GH/s to the network of mining pools.” username=”P_world16″]
The average mining fee at Give Me Coins is 1% which is low as compared to other mining pools.
Its servers are available in Europe and America. It also offers Auto Threshold payouts. So, Give me Coins mining pool is a reliable and secure mining pool. Also, see our complete guides about Give Me Coins Pool.
Coinotron is one of the world largest mining pool of Litecoin and first mining pool that offer to mine in multi-coins.[bctt tweet=”Coinotron is one of the world largest mining pool of Litecoin and first mining pool that offer to mine in multi-coins.” username=”P_world16″]
Solo mining is very difficult, nearly impossible. Only big miners with tons of ASIC/GPU cards have a chance of creating stand-alone blocks in a single day.
Whereas average miners wait for months to find a block, the only possible alternative is to work with other miners. So, Coinotron supports that combined effort and invite all miners to join Coinotron.
For each new block generated in Coinotron Pool, they get a certain amount of coins for it. Next, the pool split the coins between miners equivalently to the amount of the work delivered using several methods of reward systems. Also, see our complete guides about Coinotron:
The LE6ORIAMKX pool is one of the interesting Litecoin mining pool. There is not much information available about this particular pool, but some Reddit users said that this pool allows a single miner for lots of hardware.
LE6ORIAMKX pool represents 146 GH/s of hashing power.
Litecoinpool created in 2011 and its one of the LTC mining pool with no fees. It allows miners to mine Litecoin.
It also allows to mine in seven other cryptocurrencies that converted into Litecoins. Its servers are available in Europe and the USA.
F2pool is a world’s famous pool. Its user interface is available in three different languages. Recently, F2pool changed the user-interface of their mining pool, and now it is simple to use and understand. F2pool is known as a Discus Fish because of its symbol. It is a Chinese platform that allows mining in several cryptocurrencies.[bctt tweet=” F2pool is known as a Discus Fish because of its symbol. It is a Chinese platform that allows mining in several cryptocurrencies.” username=”P_world16″]
The average mining fee at F2pool is quite high. Also, see our complete guides about F2Pool:
LTCMiner is one of the leading Litecoin mining pool. LTCMiner provides its services in the Cloud. Physical miners power all the mining power at LTCMiner. Mining with latest algorithms allows the users to make much more LTC. LTC miner aims to offer the users easiest possible way to make money without doing any heavy stuff.[bctt tweet=”LTC miner aims to offer the users easiest possible way to make money without doing any heavy stuff.” username=”P_world16″]
HashFaster is a mining pool that offers anonymous mining. Registration is not necessary. A miner can use its wallet address as the username. A user can get automatic payouts after every 2 hours.
The other 3 pools are removed from the list, as they stopped mining.