Comparison of Litecoin Mining Pools

COMPARISON OF LTC MINING POOLS

Pools are sorted by reward system, then by launch date (for Litecoin).

Name

kHash/s 

Reward Type

Fee 

PPS Fee 

Launched

Forum 

Website 

Location 

Difficulty 

OzCoin

15000

Proportional

0%

-

2011-10-17

Link

Link

AU

2-12

Coinotron

15000

Proportional/PPS

2%

3%

2011-10-20

Link

Link

PL

2-13

SimpleCoin.us

(down)

Proportional

0%

-

2011-10-26

Link

Link

US

?

Litecoincash.com

10000

Proportional

1%

-

2012-07-10

Link

Link

NL

2-12

Pool-X.eu

12000

PPLNS

0%

-

2011-10-17

Link

Link

FR

2-15

P2Pool

10000

PPLNS

0%

-

2011-11-07

Link

GitHub

P2P

Adaptive

Ecki Co LTD

2000

PPLNS

1%

-

2011-11-21

Link

Link

TH, DE

2-14

NuKingsMiningCo

1000

PPLNS

0%

-

2012-07-10

Link

Link

US

2-14

burnside's Pool

16000

PPLNS

0%

-

2012-07-15

Link

Link

US

2-12

litecoinpool.org

50000

PPS

-

5%

2011-11-05

Link

Link

UK

Adaptive

notroll.in

5000

PPS

-

4.8%

2012-07-11

Link

Link

US

2-12

Xurious's Pool

14000

PPS

-

3%

2012-07-25

Link

Link

US

2-12

LTCMine.ru

(down)

RSMPPS

0%

-

2012-07-07

Link

Link

RU

2-8

REWARD TYPES

  • Proportional - When a block is found, the reward is distributed among all workers proportionally to how many shares each of them has found.
  • PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
  • PPS - Pay Per Share. Each submitted share is worth a certain amount of litecoins. It is risky for pool operators, hence the fee is highest.
  • SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns.
  • RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but aims to prioritize the most recent miners.

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 slower), pools need to use a share difficulty lower than 1.

In the first months after the launch of Litecoin, most pools used a share difficulty of 2-16 or 2-15. 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 2-12. 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.

SQUIDNET

The Squidnet meta-pool provides a proxy service that distributes hash power across pools to prevent a monopoly on hashing.

 FROM COMPARISON OF MINING POOLS · COBLEE/LITECOIN WIKI · GITHUB

https://github.com/.../litecoin/wiki/Comparison-of-mining-poo..