All time highest litecoin mining difficulty?

[smoothie]

looks like the network is back up to 1.3 gh/s after all the ddos noise

After readjust....watch it fall again.

[CoinHoarder]

looks like the network is back up to 1.3 gh/s after all the ddos noise

After readjust....watch it fall again.

Yes, it will do this several times.

We will have another 4-5 days with high difficulty and low network speed starting tomorrow.

[420]

looks like the network is back up to 1.3 gh/s after all the ddos noise

After readjust....watch it fall again.

Yes, it will do this several times.

We will have another 4-5 days with high difficulty and low network speed starting tomorrow.

unless ltc price goes up making more people profitable to mine?

[live627]

A miracle must happen first.

[420]

A miracle must happen first.

what would that be

[live627]

Visitors.

[tacotime]

Hit 2 gh/s this morning.

[smoothie]

Hit 2 gh/s this morning.

Hashrate increase =/= Price increase.

ultimately those additional miners coming from btc mining are only trying to get more btc for their efforts.

Been here, done that, seen it.

 

[bitcool]

Hit 2 gh/s this morning.

Hashrate increase =/= Price increase.

ultimately those additional miners coming from btc mining are only trying to get more btc for their efforts.

Been here, done that, seen it.

 

Long live hashrate, who cares about the price
 

[420]

Hit 2 gh/s this morning.

Hashrate increase =/= Price increase.

ultimately those additional miners coming from btc mining are only trying to get more btc for their efforts.

Been here, done that, seen it.

 

Long live hashrate, who cares about the price
 

eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable

[bitcool]

eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable

Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink.

The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term.

[420]

eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable

Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink.

The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term.

so in the case of rise, most likely price will follow the hashrate/difficulty's lead?

[smoothie]

eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable

Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink.

The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term.

It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.

[bitcool]

so in the case of rise, most likely price will follow the hashrate/difficulty's lead?

I really don't know, but I think it has better than 50% probability.

[420]

eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable

Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink.

The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term.

It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.

looks like they're not in USA or dont sleep at night because I didn't see it

takes 1,300 5970's to get 1gigahash

how many people have $364,000 worth of hardware?

[bitcool]

It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.

Really? that's interesting because if profitability was the motivation, he should have done that when difficulty dropped from 44 to 26....

[420]

Maybe a university computer lab running a test or IT guy actually got  it running for shits and giggles on 500 new highest end PC's with 7990's

[smoothie]

It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.

Really? that's interesting because if profitability was the motivation, he should have done that when difficulty dropped from 44 to 26....

LOL why else is he mining with his giant farm on LTC? For health reasons?

ROFL!  

[bitcool]

Maybe a university computer lab running a test or IT guy actually got  it running for shits and giggles on 500 new highest end PC's with 7990's

sounds plausible considering it's a weekend.

[meebs]

eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable

Hashrate and price, who follows who is a SPECULATION problem

FTFY


If I had reasonable assurance that something BIG was going to happen and it would be worth 0.015 BTC in 3 months I would mine the ever living crap out of LTC regardless of current difficulty.

If i felt price was going to be stable, i would only mine when difficulty is on the down cycle.