TOP 6 pools for mining cryptocurrency Litecoin Litecoin (LTC)

Since its inception in 2011, Litecoin (LTC) has always been one of the most sought-after cryptocurrencies. ThisDigital currency attracts with its stability, because it confidently holds the top ten cryptocurrencies, not to mention the fact that the network is almost four times faster than the Bitcoin network.

Even though Litecoin was created asAn improved version of Bitcoin with block verification every 2.5 minutes (instead of 10), the cryptocurrency still uses the PoW (proof of work) algorithm. Like Bitcoin, the coin also needs to be mined, which is made more efficient by joining a mining pool.

There are many good mining pools for mining the Litecoin cryptocurrency, but before you make your choice, learn a few tips and tricks.

First, what needs to be done is to evaluate the geographic proximity of the pool, because it affects mining performance.
Secondly, you need to carefully study the systempayment, because the lower the commission, the more earnings you will earn. Another important aspect — minimum payout level, and the shorter the payout intervals, the better.

viaBTC

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As the name suggests, viaBTC — this is a poolfor mining with several cryptocurrencies, which began its activities as a Bitcoin pool back in June 2016. It currently includes mining pools for Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Dash, Zcash and Litecoin, making it one of the most versatile mining pools in the world.

Like LitecoinPool, viaBTC offers itsusers share payment method (PPS). One of the main advantages of this pool is the fact that it offers cloud mining, making the process accessible even for those users who cannot afford the once expensive mining equipment.

Miners are required to pay a small commission for4% service for payments per share and 2% for PPLNS payments. Despite the fact that viaBTC is not “completely free”, it is still a good option for mining Litecoin, as the service pays 800 DOGE for every LTC mined.

LitecoinPool.org

LitecoinPool — this is one of the most famousand the oldest Litecoin mining pools, which was launched in 2011 by one of the Litecoin developers. It has eight servers scattered around the world.

Other benefits include pay pershare and combined mining pool. This combination of features guarantees a payout even if a network block becomes orphaned. It's also worth noting that this is one of the first pools to offer secure mining over Stratum connections with TLS encryption.

Prohashing

Launched around August 2014,ProHashing is one of the largest mining pools of Litecoin and, of course, the most advanced. It allows users to mine Litecoin and other SHA-256, Equihash and x11 coins. It should be noted that ProHashing allows you to mine automatically, which increases the profitability of mining.

The pool stands out among its competitors uniquea payment system similar to the PPS model. The system guarantees that you can get various coins and receive payment in other, including fiat, currencies. The service does not charge a transaction fee, but users pay a fixed 4.99%.

P2Pool

P2Pool — another type of mining pool, thispublic p2p pool for mining. Anyone can join without registration, making it extremely accessible. It is completely decentralized and provides increased security. The reward is paid upon completion of each piece of work.

In other words, as soon as the pool finds a block, miners are paid directly in accordance with their share.

Coinotron

Coinotron — one of the most popularmulti-currency mining pools that include support for ETH, LTC, DASH, ETC, FTC, PPC, VTC and VIA. The platform includes reward methods such as PPS, RBPPS and PPLNS, making it a good option for users looking to diversify their mining activities.

On average, the platform charges a mining commission of 0.4%, the minimum payout is 0.1 ETH. The pool allows its users, for example, to mine Litecoin, and withdraw Dogecoin.

F2pool

Last on the list — popular mining pooland possibly the world’s largest F2Pool. They provide support for three different languages, federated mining availability, multi-currency mining, real-time speed monitoring, DDoS protection, and full Stratum support.

Chinese mining pool created in 2013supports multiple cryptocurrencies — BTC, ZEC, LTC, SC, ETC, ETH, DASH, DCR, XMR and XZC. F2Pool has servers in the USA and Asia, registration is required to access them. The average commission is between 0.04 and 4%, and the minimum payout is 0.1 ETH, 0.001 BTC, 0.01 LTC and 0.1 ZEC.

We hope this list helps you become a successful Litecoin miner. However, before choosing a specific pool, study the options and calculate the profitability of each pool.

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