![]() ![]() ![]() Simply make sure the pool servers are close to your location to maximize your mining rewards, and find one with low fees to minimize your expenses. See, choosing a Litecoin pool is actually pretty easy after all. Simply choose a pool that has servers close to and a fair fee structure and you’ll see payments that are similar pretty much across the entire selection of Litecoin mining pools. That’s ok though because there’s not too much difference between the various mining pools. For example, the top three Litecoin mining pools are Antpool, F2Pool and LTC.top, but they would never be the best for me because their servers are located in China and their websites are predominantly in Chinese. There’s no “best” Litecoin mining pool, there’s only a best Litecoin mining pool for your needs. How to Pick the Best Litecoin Mining Pool Beyond that is a short discussion regarding the recent addition of ASIC Litecoin mining hardware, and what that can mean for Litecoin miners. The closer you are to the pool servers, the better your mining performance will be.īelow I’ll take a closer look at several popular Litecoin mining pools, as well as discussing the P2Pool option for mining. You don’t want a pool with servers in China if you’re mining in New York. One of the reasons for choosing to mine through a pool is the steady payments at regular intervals, and if these intervals are kept shorter, that’s better too.Īnd finally you’ll want to look for a mining pool that’s close to you geographically. You’ll also consider the minimum payout level. The lower the fees are, the more Litecoin you get to keep for yourself, so choosing a low fee pool is an obviously good choice. Just as I suggested in my guide to Ethereum mining pools, one of the first things you’ll want to look at is the fees charged by the mining pool. ![]() While Litecoin uses a different algorithm than Bitcoin, it is still a proof of work coin, and as such it can be mined to be awarded Litecoins.īelow I’ll talk more about mining Litecoin in 2019, and the best Litecoin mining pools. Litecoin has often been called the silver to Bitcoin’s gold. Where Bitcoin blocks are verified roughly every 10 minutes, Litecoin blocks are verified every 2.5 minutes, making the network four times as fast. Litecoin (LTC) is an altcoin that was created in 2011 by Charlie Lee as a faster alternative to Bitcoin. ![]()
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