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Kehinde Oluwakemi photo
Ibadan, Oyo State Nigeria.
1 Level
337 Review
587.5 Karma

Review on Litecoinpool by Kehinde Oluwakemi

Revainrating 4 out of 5

If you are looking for mining pool with necessary features to mine then Litecoinpool is awaits you.

Litecoinpool is an online cryptocurrency mining pool Platform that was started shortly after the creation of Litecoin in 2011 by one of the Litecoin core development team known as Pooler. It is the first mining pool Platform that payout through pay per share (PPS) system where miners get Instant reward into their account base on share submitted to the pool and also become the first pool to offer Secure mining over TLS encrypted stratum connections, protecting miners from potential MITM attacks
ASIC hardware is required to mine Litecoin pool for profitability. To mine on the platform is totally free and Litecoin is used for payment. With the use of MERGED miners can mine multiple cryptocurrency simultaneously which can resulted to higher than 100% PPS ratio, it will not cause sudden difficulty spikes and will not harm any network involved in mining
The platform has Beginners Guide that help those who are new to Litecoin mining and also has features that miners need to mine conveniently, easily and safely which are:
Exclusive ultra-low-latency stratum implementation, written in C for maximum performance
Support for extensions to the stratum protocol, including resume, suggest difficulty and suggest target
Adaptive share difficulty (Cardiff)
Geographically distributed, redundant servers
Every minute Detailed stats updated
Detailed history of payment and earnings
Instant Automatic and manual payout
Notification of idle miners on email
Accessibility of website and mining interface asTor hidden services
Extensive JSON API and mobile interface
Support of two factors



Pros
  • The platform has up to date trading history.
  • Is a fast, easy, convenient and Secure mining Platform.
  • It has merged that enable miners to mine multiple cryptocurrency simultaneously.
  • Litecoinpool is a free mining pool Platform.
  • It has features that enable users to mine with convenient, easily and safely
  • Users have choice of mining differents coin.
Cons
  • Miners can not mine on CPUs, GPUs, Phones and others except only ASIC hardware.