Since it equates out to roughly the same amount as if I was merged mining on other sites. To avoid my having to pay exchange rates, I just get it straight up in LTC. The gift card exchange does not support Doge yet. Litecoinpool works well for my setup, as an example, I'm getting the PPS% bonus based off the LTC price and Doge price, so sitting upwards of 390% and making almost $400 per day, depositing into my Coinomi wallet, allows me to convert crypto into gift cards, such as Walmart, Home Depot, or straight up Visa gift card. I'll look into ViaBTC and let you know what this all equates out to. Please help me understand what is missing here, as on the surface, ViaBTC makes it appears that I'd LOSE money if I switched. where is the calculator that shows the Doge equivalent, or is there not one? I'm concerned when I see $388 to $96, and wondering where the other $292 comes from that would make me try ViaBTC. With that being said, Litecoinpool does have that advantage for those that know what they are doing and want to save up to find an opportune time and get Doge - or other coins. Or, rack up a ton of LTC and hold for a dip, like I did the other night. If I want to take the Doge allowance out each day, I then control how much I can get and when. That allows me to purchase additional coins inside my wallet, and not just locked into Doge. The advantages to Litecoinpool, for me personally, is that extra bump that takes Doge into consideration from the merged mining. Now, currently on Litecoinpool, I am at $388 daily, however, according to ViaBTC, it says $96 and change. Seems no matter what their calc says with my setup, it never gets anywhere close. Their calculator "says" I should be at almost $400 per day, however, it's $80-90 off. Prohash is absolutely a ripoff for my setup. Let's get something out of the way, first and foremost. I'm looking at the payout metric, comparing both sites to what my setup currently is. I don’t want to spam the board with referral codes, but hit me up if you want one for a mining bonus on ViaBTC too.
#REDDIT HOW TO START MINING LITECOIN FREE#
If you think Dogecoin is more likely to jump in price then you should switch to ViaBTC and start accumulating Dogecoin.Īnyway, I hope that helps some people out, and feel free to message me if you’re having trouble getting set up on either pool. If you think it’s Litecoin then your best bet it to keep mining it on Litecoinpool. It really just comes down to what coin you think is going to be worth more in the future. 012 LTC and 20-25 Dogecoin each day from a single 元+ on ViaBTC. Seriously, don’t use them.) For reference, I’m making about. (Most pools pay out a very similar total value, the only real exception being ProHashing which consistently pays out less than everyone else. ViaBTC and Litecoinpool both pay out essentially the same dollar amount, only Litecoinpool pays out 100% in Litecoin while at current prices ViaBTC pays out about 33% in Litecoin and 66% in Dogecoin. If you only want to mine Litecoin I still think it’s the best pool out there. I’d been using Litecoinpool from around four years ago when I got my first Moonlanders to just a couple of months ago. I personally mine on ViaBTC, but I’m not here to bash Litecoinpool. For more information on this rule, click here and here. Please post your configs if you are asking for help, or if you are submitting pictures of your mining rig.For more information on this rule, click here. You can find great resources via our sidebar, our wiki, and the reddit search function. Please do some research before asking for help.Please keep these to /r/ltcmarket, /r/CryptoHardware, or /r/hardwareswap. In general make sure your posts and comments are good natured and courteous.No crossposts to other crypto subs unless the information is also relevant to Litecoin.Discussion is allowed, but it must be done via self post and not contain a link to the buy page of the product in question. Excessive updates and/or posts will be removed. Pool advertising is allowed but should be kept to a minimum.Coin switching/multicoin pool posts and advertising are not allowed as they do support the Litecoin network.Discussion of other currencies should go in their relevant subs. All posts must be related to Litecoin or Litecoin mining.P2Pool mining guide - set up your own P2Pool node.Welcome to the community, and please follow the rules in the sidebar! Click here to view our very own wiki! More resources below.
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