![]() Three engineers started this mining pool, and two of them are brothers. It was founded in 2014 and had been operating since then. ProHashing is also a large mining pool for Litecoin. Here’s a screenshot of some of the Litecoin pools in P2Pool: Once there are blocks already, investors are paid directly to their wallets, depending on their share. If blocks are assembled into the blockchain in the case of Bitcoin, P2Pool’s shares are combined into a sharechain. It has low difficulty work, and when a part of the work is completed, miners receive their pool share. The good thing with P2Pool is that its decentralized network allows for a good distribution of nodes, and its security is to the next level. If you have a Litecoin wallet address, you can easily connect it to P2Pool, and by default, your address can be your username, and you can set up anything as your password. It’s a decentralized platform that’s great for any cryptocurrency. It’s a public mining network that anyone can join without going through the KYC process. P2Pool is an established mining pool with a large user base. Here are the top Litecoin mining pools in no particular order. The reason for this is simple-the closer the server to you, the lesser hash power is used by the network. ![]() If you are from Europe, it’s best to choose a mining pool with a server in Europe. There are those in Asia, Europe, and America. Lower payouts can also mean stable and regular payments.įinally, look for a mining pool that is near to you. This is so you can easily withdraw your investments and rewards without waiting for a specific threshold. How much are the minimum coins you can withdraw? The lower the minimum payout is, the better. The second consideration is the minimum payout. ![]() Start comparing the fees when you have a good list of mining pools. You can find places where mining fees are only at 0.03%-0.05%. There are mining pools that charge expensively. The first thing you have to look for if you want to earn more coins is the mining fee. Things to remember when looking for a mining poolīefore we delve into the best Litecoin mining pool, let’s do a quick rundown of the top mining pool categories. This implies that Litecoin’s network is four times faster than Bitcoin. If Bitcoin can find blocks every 10 minutes, Litecoin can do it as fast as 2.5 minutes. Some of the other popular altcoins are DOGE, XRP, ADA, and BNB. Litecoin is an alternative coin (altcoin) to Bitcoin. Let’s start with having a brief introduction to Litecoin. In this blog, we will share with you the best mining pools we know where you can save fees and earn more coins without advanced technical skills. We know you’ve heard about Litecoin-the 13th cryptocurrency with the highest market capitalization. The market is also more stable, considering billions of investors believing in the future of digital assets. Now, you have thousands of cryptos to choose from, unlike before when there was only Bitcoin and other unpopular coins.
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