A pool is a server that distributes tasks among all connected participants. Use something called “share” to rate each individual’s contribution. Once one hits the target, the pool declares the block ready and distributes the reward. Over 95% of miners work in mining pools.
Compared to loners, pools have a higher chance of finding blocks and getting rewards. However, if you participate in a mining pool, you must share the profits with all participants. All accepted shares are taken into account when calculating the award. This ensures fair distribution of Litecoin mined by miners.
A pool member with a lower capacity may not find a single block but at the same time gets a share – they are paid based on the probability that one of their decisions is correct.
List of 10 best pool for LTC and Doge
Litecoinpool is one of the Oldest mining pools that support merged mining for Litecoin and Dogecoin.
It was established in 2011, a short while following the launch of Litecoin. The pool currently contributes over 109 TH/s toward the LTC and Dogecoin networks, making it one of the leading hash rate contributors to both.
Given its popularity and the need to discourage centralisation, new registrations are often subject to pre-approval.
Payouts are made in LTC even though the pool allows for merged mining of several Scrypt-based altcoins.
ViaBTC is a China-based cryptocurrency mining pool that was initially launched to offer pool mining services for Bitcoin. Shortly after its launch, it expanded into altcoins starting with Litecoin.
The pool contributes about 109 TH/s of computing power to the mining of both Litecoin and Dogecoin, making it the largest pool so far.
There are several advantages to joining ViaBTC, including an easy registration process which, unlike Litecoinpool, is open to the public without being subject to approval.
F2Pool is one of few options recommended by Goldshell in the Mini-DOGE’s user interface, currently contributing about 67 TH/s of computing power to the Litecoin/Dogecoin networks. Anyone can easily join and start mining for LTC or DOGE coins immediately.
Miners are subject to a 4% commission on their earnings paid out through the popular PPS payout plan, and the minimum payout is 0.02 LTC or its equivalent in other Scrypt coins.
Poolin mining pool is among the five largest contributors of computing power to the Dogecoin and Litecoin networks, currently rated at 60.3 TH/s.
Mining fees are 3%, with miner rewards paid out after hitting a 0.01 LTC threshold.
The pool was launched in September 2017 and is headquartered in Beijing, China. Outside the Scrypt-based altcoins, the pool also supports mining Bitcoin, Ethereum, Ethereum Classic, Zen, ZCash, and Bitcoin Cash, among a few others.
Antpool is another China-based mining pool supporting Scrypt altcoins such as Litecoin and Dogecoin. Like most other pools on this list, Antpool also provides dual mining for LTC and DOGE at a 3% fee paid out through the PPS share payout scheme.
Established in March 2014, ANTPOOL is one of the oldest pools in the market. It is a subsidiary of Bitmain, the manufacturer of AntMiner, currently the most powerful machine used to mine Bitcoin and other similar PoW SHA-256 coins.
Trustpool is one of the best alternatives for beginner miners, with low commission rates and payout threshold.
Currently, pool members are charged an extremely low 1% commission, and rewards are paid out once they reach 0.001 LTC using PPS+ sharing.
The pool is based in Moscow, Russia, with servers in Russia, China, and Europe. Other than support for Scrypt-based coins such as LTC and DOGE, pool members can also mine BTC, BCH, RVN, ETH, ETC, ZEC, and DASH, among others.
EMCD Tech is a promising startup mining pool supporting sha256, Scrypt, Ethash, and X11 mining algorithms. Therefore, pool members have the option to contribute to various sub-pools representing up to 8 coins, including Liteocin, Dogecoin, Bitcoin, and Ethereum.
The pool offers generous perks to its members, such as a zero payout threshold (except for ETH, ETC), a 1.5% commission paid out through the FPPS+ scheme, and servers conveniently located in hotspots within Eastern Europe and Asia.
8. BTC.com Pool
BTC.com mining pool is an affiliated entity of the broader BTC.com brand that offers other complementary services, including a blockchain explorer and a Bitcoin wallet.
Pool members have the option of mining amongst several coins, among them being Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE).
The pool contributes about 5.6TH/s of computing power to the Litecoin/Dogecoin networks through merged mining. Pool members can connect to one of the three available servers in North America, Europe, and Singapore.
NiceHash is the most famous Litecoin/Dogecoin cloud mining pool. The Nicehash platform supports almost all the best algorithms, including Scrypt. In essence, Nicehash enables users to buy and sell computing power, receiving payment in Bitcoins.
Thus, you can mine Litecoin/Dogecoin and get paid in Bitcoins. The minimum payout is 0.001 BTC, and the commission depends on your balance and the type of wallet used.
Nicehash does not require registration, although some of the older ASIC firmware versions are not compatible with Nicehash. Despite charging a commission for orders of 3%, the sale of hash power on NiceHash is more profitable than cryptocurrency mining.
The pool provides technical assistance to large mining operators. To ensure account security, Nicehash focuses on email security. For financial or cryptocurrency accounts, it is recommended that you have a separate email.
Hashshiny is cloud mining software that allows you to find profitable mining pools with ease. It uses the newest ASIC miner and GPU rigs. It also provides a real-time mining hash rate within the application.
Hashshiny provides support for Scrypt-based coins such as LTC and DOGE. This Litecoin/Dogecoin mining program helps you decide which pools you want to mine.
Hashshiny automatically performs the backup of the database. You can control the mining process easily.
It offers payment solutions like PayPal and cryptocurrency wallets, but mining prices are higher than other mining companies.