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Title: LTC difficulty Post by: bitcool on May 11, 2013, 03:31:33 PM After 100+ points jump, most expected it would drop a lot, but
Current Difficulty 596.88735373 Next Difficulty Estimate 636.87248392 This is crazy. Title: Re: LTC difficulty Post by: domoblur on May 11, 2013, 03:33:42 PM This is crazy. This is SPARTATitle: Re: LTC difficulty Post by: pekv2 on May 11, 2013, 03:36:10 PM Dunno how prices are not climbing either.
Title: Re: LTC difficulty Post by: furuknap on May 11, 2013, 03:46:38 PM After 100+ points jump, most expected it would drop a lot, but Current Difficulty 596.88735373 Next Difficulty Estimate 636.87248392 This is crazy. Keep in ming that right after a retarget, the difficulty estimates are way, way off. It was 685 when I fiurst checked and now 628 this morning. Not sure why it's that much off, but maybe people jump ship due to decreased profitability. .b Title: Re: LTC difficulty Post by: sugarwhale on May 11, 2013, 03:49:57 PM amazing
Title: Re: LTC difficulty Post by: tom_o on May 11, 2013, 03:57:51 PM After 100+ points jump, most expected it would drop a lot, but Current Difficulty 596.88735373 Next Difficulty Estimate 636.87248392 This is crazy. Keep in ming that right after a retarget, the difficulty estimates are way, way off. It was 685 when I fiurst checked and now 628 this morning. Not sure why it's that much off, but maybe people jump ship due to decreased profitability. .b Yep its exactly this, woo 7970s now earning 1.2LTC a day -.- Title: Re: LTC difficulty Post by: CoinHoarder on May 11, 2013, 04:03:24 PM Dunno how prices are not climbing either. Price doesn't follow difficulty. Difficulty follows price and profitability. Although, lately, even if profitability goes down, the network speed doesn't go down too much. This is a good development.. it means there are more dedicated LTC miners than there was some months ago, thus making the network stronger. I am very excited for the future of Litecoin, I think it is quite bright! Title: Re: LTC difficulty Post by: Jakewell on May 11, 2013, 04:21:35 PM the miners stopped the mining on FC and CNC so they returned to LTC and thats why the jump on the diff level.
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