Luckycoin (LKY), PepeCoin (PEP) Mining

1. Introduction

Luckycoin (LKY)

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LKY was created by the anonymous developer LuckyC in 2013 and was revived in 2024 by a group of community volunteers. In August 2024, a backup of the 2013 Luckycoin blockchain was discovered, and the chain was restored from block 81,743, preserving as much of its history as possible.

PepeCoin (PEP)

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PEP is a fork of Dogecoin designed to create a new and interesting community. Officially launched on January 30, 2024, PEP is a Layer 1 public chain based on a proof-of-work (PoW) mechanism, featuring an independent decentralized network. Its abbreviation is PEP, starting with the letter P, distinguishing it from PEPE, PEPECOIN, and others.

LKY and PEP utilize the Scrypt algorithm, the same as LTC, and support mining with Scrypt ASIC miners, allowing LTC miners to participate in the mining process.

2. Merged Mining

Merged Mining refers to a process where miners provide hashrate that not only earns mining rewards from the primary coin being mined but also generates additional rewards from other coins. This means that a single unit of hashrate can earn multiple rewards. 

For example, in the case of LKY and PEP, miners connecting their LTC hashrate to ViaBTC (the payment method needs to be PPS+ or PPLNS) will automatically receive LKY and PEP, without needing to take any additional actions.

For more information on Merged Mining, please refer to What’s Merged Mining?

3. Mining Reward

(1) LTC miners can receive LKY and PEP rewards by choosing either PPS+ or PPLNS. Since LKY and PEP are distributed based on PPLNS, the amounts received are not fixed. Additionally, both LKY and PEP have a block reward halving mechanism, so please stay updated with official announcements.

(2) LKY and PEP support the PPLNS payment method, with mining earnings distributed every 2 hours.

(3) There is no need to prepare a wallet address in advance; once the hashrate is connected, the earnings will be directly deposited into the linked ViaBTC account.

4. Assets Management

You can check your free earned LKY and PEP in [My Assets]. LKY and PEP now support manual withdrawals, automatic withdrawals (with zero fees and daily payments), and withdrawals to CoinEx exchange (with zero fees and real-time processing).