Endgame (OP)
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October 09, 2012, 09:08:20 AM |
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Allchains.info reports that litecoin difficulty is currently at 13.22, and is about to bump up to 13.56. I'm not sure if this is the all time highest litecoin difficulty, but it is the highest I have ever seen it. Is there anybody who has kept records of previous mining difficulty who can confirm whether this will be a new record high? If so, what does it mean for litecoin? Will it force a higher litecoin price, or will it prevent additional bitcoin miners from moving across to litecoin?
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smoothie
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October 09, 2012, 09:12:57 AM |
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I've watched the difficulty from October 13th of last year when LTC launched.
this is the highest it has ever been. I suspect it will continue to rise for some time.
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tatsuchan
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October 10, 2012, 10:47:49 PM |
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Looks like its headed up to 14+ now. I've been mining on and off since December 2011, and yea, this is the highest I've seen yet.
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tacotime
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October 10, 2012, 11:36:12 PM |
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Yes, it's high. Network hash rate reached 500MH/s the other day, or the equivalent of about 1,430 5850s.
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meebs
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October 11, 2012, 02:02:28 AM |
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ya.. tacotime is partly to blame... him and his helpful guides/posts getting all the noobs on board.... (just kidding man..)
but ya, difficulty is just going to go up and up from here as the BTC mining environment gets less and less friendly for a GPU miner and heck.. who doesnt like getting 100ltc/day vs 0.6btc/day
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420
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October 11, 2012, 07:08:03 AM |
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what does this mean for price? price follow difficulty like in bitcoins?
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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October 11, 2012, 09:08:00 AM |
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what does this mean for price? price follow difficulty like in bitcoins?
so far it seams to be true. every now and then there are some speculation price changes, but mostly diff. is the 1st factor. if that remains true, after asics, im guessing a huge fluctuation in litecoin, we have seen 100% price increase the other day, when it spiked at 0,10$/LTC. for now it settled in around 0,077$/LTC cheers
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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October 11, 2012, 03:42:27 PM |
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Last time I checked Litecoinpool said next difficulty should be over 15.
Wow!
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more or less retired.
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goxed
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Bitcoin / Crypto mining Hardware.
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October 11, 2012, 07:06:03 PM |
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Last time I checked Litecoinpool said next difficulty should be over 15.
Wow!
It's profitable to mine LTC vs BTC at the moment. Expect a bunch of bitcoin miners moving in soon.
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Revewing Bitcoin / Crypto mining Hardware.
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guruvan
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October 11, 2012, 07:36:17 PM |
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I seem to recall that it's hit 16 in the not-so-distant-past. That's the highest I'd seen (that may have been a projection, and never met, however)
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smoothie
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LEALANA Bitcoin Grim Reaper
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October 11, 2012, 07:57:49 PM |
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I seem to recall that it's hit 16 in the not-so-distant-past. That's the highest I'd seen (that may have been a projection, and never met, however)
No. I think last highest was 10 or 11 before this ramp.
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420
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October 11, 2012, 09:56:26 PM |
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I seem to recall that it's hit 16 in the not-so-distant-past. That's the highest I'd seen (that may have been a projection, and never met, however)
No. I think last highest was 10 or 11 before this ramp. 10 litecoins to a dollar?
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smoothie
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LEALANA Bitcoin Grim Reaper
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October 11, 2012, 10:35:46 PM |
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I seem to recall that it's hit 16 in the not-so-distant-past. That's the highest I'd seen (that may have been a projection, and never met, however)
No. I think last highest was 10 or 11 before this ramp. 10 litecoins to a dollar? Read the thread subject....it says DIFFICULTY.
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tacotime
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October 12, 2012, 05:05:25 AM |
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network hash rate is about to hit 600 mh/s
world is about to explode.
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DiCE1904
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October 12, 2012, 11:25:00 AM |
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Next Difficulty Estimate 22.80129763
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Liquid
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October 12, 2012, 11:26:19 AM |
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Bitcoin will show the world what hard money really is.
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tacotime
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October 12, 2012, 02:13:04 PM |
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Now it's hitting 700mh/s!!! Lol. Nuts.
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mc_lovin
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www.bitcointrading.com
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October 13, 2012, 04:12:43 AM |
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oct 13th last year, so LTC 1 year anniversary immanent?
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420
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October 14, 2012, 10:10:40 PM |
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wheres the next difficulty calculator?
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DiCE1904
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October 14, 2012, 10:16:11 PM |
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wheres the next difficulty calculator?
Current Difficulty 22.66672791 Next Difficulty Estimate 28.41062158 Time to Retarget 2 days 17 hours http://www.litecoinpool.org/stats
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