How Bitcoin Pooled mining Works

Looking for Litecoin Miners to beta test my pool

Project Description:
Hi,
Ive just started running a litecoin mining pool and am looking for beta testers to ensure all site functions are working and that the server can deal with a bit of a load.

If you are interested in this project, I am offering a 0% pool fee for life - i'm hoping to find a block and test the script functionallity so any beta testers that find a block will also recieve a bonus of $30USD from my pocket (the price of this project). All pool funds recieved from the block at the time will be shared amongst all miners as per usual.

All beta testers need to await confirmation of beta status to ensure their pool fee is set correctly and that funds will be available to pay for their work.

For beta testing, we will pay $2 for every million (1, 000, 000) shares submitted.

You will need to know how to configure your mining program to point to our server - currently we only have stratum protocol up and running - pushpool is coming very soon. The connection details are below;

Address: connect.mineltc.com
Port: 3333

So a typical connection using cgminer may look like : cgminer -o stratum+tcp://connect.mineltc.com:3333/ -u -p

Dont forget you will need to register on the site to be able to modify your miner details -

If you have any questions, feel free to contact me.

Hours of work: Unspecified Project Duration: Unspecified Skills required:

Source: www.freelancer.com June 3, 2014 – 13:08