We are happy to announce that the BTC.com mining pool will add support for Litecoin (LTC) mining on Dec 20, 2018 at 7:00 (UTC), following our mission to provide our users more diversified, profitable and convenient choices.
2018 was an important year for BTC.com on its path of becoming a truly multi-cryptocurrency mining pool. Besides being one of the largest Bitcoin and Bitcoin Cash mining pools, the BTC.com mining pool has been offering ETH/ETC mining since Aug 30, 2018 and DCR mining since Sep 28, 2018.
The total amount of Litecoin is 84 million units, with new blocks being mined every 2.5 minutes, and a current block reward of 25 LTCs. At present, Litecoin ranks №8 in total market cap with a volume(24h) of around $0.485 billion.
Both Litecoin (LTC) and Bitcoin (BTC) use a POW consensus mechanism, however Litecoin’s mining algorithm is different: it uses Scrypt. Compared to Bitcoin’s SHA256 algorithm, the Scrypt algorithm takes longer to calculate and needs relatively more memory. Miners can choose from various powerful ASIC miners that support Litecoin mining. Please find them in the list below.
BTC.com will continue providing the same server port: 1800/443/25 for Litecoin mining. For the detailed miner configuration and link guide, please visit the mining pool help center: https://pool.btc.com/helpCenter?id=register
Regarding payouts, BTC.com will continue offering the most profitable and competitive FPPS mode with 0.001LTC payment threshold.
BTC.com always holds great appreciation for its miners. To celebrate the end of 2018 and welcome the New Year of 2019, BTC.com has prepared two very special gifts:
1. From 2018/12/20 UTC 7:00 to 2019/01/01 UTC 00:00: Litecoin mining fee in the BTC.com pool will be ZERO!
2. From 2018/12/20 UTC 7:00 to 2019/02/15 UTC 00:00: all users who have contributed hashpower to BTC.com’s Litecoin pool for 30-days continuously, will get a 50%-off discount coupon for 15days of mining (will be handed out before 2019/02/20). The coupon will remain valid to use within 1year after receiving it.
It’s time to celebrate the New Year, mine your LTC for free!