[Review] Litecoin Mining Pool | Issue 4 | CoinNet Mining Pool, Dragon Pool, Elephant Pool, LitecoinPool

The third Litecoin evaluation "Tian Sir" will use the "Antminer L5" to evaluate the Litecoin mining income of bwpool, dpool, dxpool, and litecoinpool.org mining pools in a unified test environment.

• Test mining machine

  Antminer L5 1473M

• Mine location

  Wuyuan, Inner Mongolia

• Test Date

  2019.08.16 8:00 AM -- 2019.08.19 8:00 AM
  

• Theoretical profit per M of PPS during the evaluation period

  0.00001892LTC
  

Remark:

1. The mining test period is from 8:00 AM daily to 8:00 AM the next day.

2. PPS theoretical return data is taken from ltc.btc.com.

Remark:

1. The LTC joint mining currencies of litecoinpool.org mining pool include Argentum, Canada eCoin, Dogecoin, Huntercoin, Myriad, Pesetacoin, and Viacoin.

2. litecoinpool.org directly converts the joint-mining currency into LTC for distribution. There is no record of the joint-mining currency income, so it is impossible to calculate the pure LTC income.
   

3. Since the fee rate of litecoinpool.org mining pool is 0 and the joint mining currency is directly converted into LTC for distribution, the income is greater than the theoretical income of PPS, so the actual fee rate is negative. The larger the absolute value of the negative fee rate, the higher the income.

4. The rate given by bwpool official website is PPS 1.5%. There is a big deviation from the actual test rate. The customer service explained that the rate is wrong and the technical staff is investigating it .
   

Mining pool screenshot

bwpool

dpool

dxpool

litecoinpool.org

bwpool, dpool, dxpool Litecoin joint mining currency only has DOGE and the gift currency ratio is 1:2000. Select Sir with a gift ratio of 1:2000 and a price ratio of LTC/DOGE=28200 to calculate the mining pool fees considering the joint gift currency.