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Welcome to the first true pay-per-share Litecoin pool. In this pool, every valid share you submit is instantly credited to your account at the current PPS rate. This is not an SMPPS (Shared Maximum PPS) or PPLNS (Pay Per Last N Shares) system. Rewards are automatically credited to your accout every minute, even if the pool has not yet solved enough blocks to cover the earnings generated. We take on the risk of bad luck so you don’t have to deal with variance; this is why the service requires a 5% fee. The PPS rate can be calculated as follows: Payout per Share = 47.5 LTC / (65536 × Current Difficulty) (In case you are wondering, 65536 is the average number of shares to be solved in order to solve a block on difficulty 1. By the way, 65536 is also the average number of hashes to be computed in order to find a share.)

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