Before digging about the best Litecoin Mining Pool you must have a Litecoin wallet that you can get from Litecoins official website or use Exodus wallet. Litecoin was launched in Oct 2011 and it is also known as the Lite version of Bitcoin.
If you are planning to hold coins for the long run then I do suggest using Hardware wallets or Paper wallets.
If you don’t know about the methods used by mining pools to pay then read this post first. In this post, we wrote an article on different methods used by mining pools to pay their users.
For the Litecoin mining pool chart, visit the mining pool stats website.
The current Litecoin price is 42.89$ (at the time of writing).
There are many reasons why you should mine Litecoin instead of Bitcoin. Follow are some reasons why you should mine Litecoin.
- Litecoins generate more blocks than Bitcoin.
- 12.5 LTC is a reward for generating every Block and these numbers get half every 4 years.
- Litecoins maximum supply is 84 million.
- Litecoin is based on the Proof-of-Work consensus hashing algorithm called Scrypt Pools.
Best Litecoin Mining Pool
The following are the best Mining pools for Litecoin. Choose your pool wisely.
LitecoinPool
The old is gold. I am saying that because it was launched in the year 2011 and very active since that. It has a record of having 40% of the market of mining hash power.
LiteCoinPool is supported by TLS Stratum encryption. It has both automatic and manual payouts. 2FA is available and JSON API too.
- Website: https://www.litecoinpool.org/
- Fee: 0.00% (PPS)
- Minimum Withdrawal: 0.01 LTC
ProHashing
This is one of the best mining pools for the year 2020. It was launched in 2013. It was launched by two brothers and one engineer. Prohashing is a Limited Liability Company, registered in the state of Pennsylvania, as Prohashing, LLC.
Mine pay-per-share (PPS) for simple constant earnings. Or, mine pay-per-last-N-shares (PPLNS) for lower fees with higher variance.
- Website: ProHashing
- Fee: 3.99% (PLNS & FPPS) 1.99% (SOLO)
- Minimum Withdrawal: 0.01 LTC
F2Pool
F2Pool is one of the oldest multi-coin mining pool for Litecoin, launched in 2013. They have a built calculator which you can use to calculate your daily profits hence moving from one coin to another is easy.
The current pool hash rate for LTC is 134.59 TH/s.
- Website: https://www.f2pool.com/
- Fee: 4.00% PPS
- Minimum Withdrawal: 0.01 LTC
AntPool
AntPool is a very popular mining service provider just like F2Pool but they are not loved now because they introduced KYC verification and the high fee which is not liked by the community. The pool hash rate is 122 TH/s.
- Website: https://www.antpool.com
- Fee: 3.00% PPS
- Minimum Withdrawal: 0.001 LTC
Binance
Who doesn’t know about Binance they recently introduced the Binance mining pool on which we published our review as well it is worth reading. The current hash rate on Binance is 31.66 TH/s.
- Website: BinancePool
- Fee: 3.00% PPS
- Minimum Withdrawal: Instant accumulation
DxPool
It is a new mining pool that is getting popular among miners. They have a mobile app as well which helps users to create multi-accounting mining and wallet addresses for mining within the app.
You can monitor your mining stats with a single page as it provides real-time updates.
- Website: DxPool
- Fee: 3.00% PPS+
- Minimum Withdrawal:
Poolin
Want to get mine anonymously or by registering on the platform then choose Poolin. You can get the bonus of Doge while mining. It is another multi-coin mining pool where you can mine LTC with Doge. It might be the best litecoin pool but their high fee pushes them a bit back.
- Website: https://www.poolin.com/
- Fee: 4.00% PPS
- Minimum Withdrawal: 0.01 LTC
MiningDutch.nl
MiningDutch.nl is a multi-coin mining pool from the Netherlands. It supports almost all coins. Their interface is quite messy as all coins are available in one place and it is hard to check details.
- Website: https://www.mining-dutch.nl/
- Fee: 1.00% D-PPS, PROP, & SOLO
- Minimum Withdrawal: 0.01 LTC
NiceHash
It is not only a mining pool. It has also an exchange and cloud mining platform. You can even get paid in BTC. The payout level is 0.001 BTC. The fees depend on a balance and a wallet type. Miners can work without creating an account. Multiple currencies are supported.
- Website: https://www.nicehash.com/
- Fee: 0.80% PLNS
- Minimum Withdrawal: 0.1 LTC
MultiPool
MultiPool is not much active. Here you can mine multiple coins (more than 20 coins) as it has a name but withdrawal is only in LTC. The reward system is PPLNS and Proportional. The withdrawal fee is null.
- Website: https://www.multipool.us/
- Fee: 3.99% (PLNS & FPPS) 1.99% (SOLO)
- Minimum Withdrawal: 0.01 LTC
Litecoin Solo Mining Pool
If you are planning to do Litecoin solo mining then I do not suggest that as it is not profitable. There are some known Litecoin solo mining pools are TBDice and SoloPool.
Litecoin Mining Pool Calculator
There are many Litecoin mining calculators available but one of the best Litecoin mining calculators is Whattomine and Cryptocompare.
Litecoin Mining Software
Easy Miner and CGMiner are available free Litecoin mining software to use on Windows and Linux. CGMiner was launched in the year 2011 and it is still the best Bitcoin and Litecoin software for mining purposes.
Litecoin Mining Difficulty
If you are following Litecoin mining difficulty on platforms like bitinfocharts then you know how difficult Litecoin mining is.
The Litecoin mining difficulty is 8.66 M (8,661,463.60), according to Coinwarz. It is not hard to choose the best Litecoin pool.
Conclusion
This is the list of the best and most trusted Litecoin mining pool. But use and choose them according to your needs. We recommend using the first one “LiteCoinPool”. Litecoin works on the Scrypt algorithm and any other coin using the Scrypt algorithm, you can use any best Scrypt pool from this list.
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