Hello Everyone,
Can someone please validate my observations:
Litecoin hash rate passed ~10 Gigahashes (was at 11 earlier today), it floats around 9.5-10.5 now.
http://www.litecoinpool.org/statsIn Bitcoin terms one could say that this is ~10 Terahashes (since Scrypt is about 1000 times slower then SHA for hash generation).
Current Bitcoin network speed is 61 Terahashes.
http://bitcoinwatch.comThis means that Litecoin network hash rate is ~1/6th of the Bitcoin network hash rate?
How much would that be in PetaFLOPs given that Litecoin is Scrypt based?
Are my numbers correct or am I lacking sleep?