LTC! 1,000,714 kH/s!!!!!

[smoothie]

I really wouldn't celebrate... all the GPU btc mining escapees will blow your difficulty out of the water killing your mining profit margins. Difficulty is supposed to parallel price. Price does not go up just because miners are driving difficulty up.

And as expected, difficulty has now been driven past the point of profitability in no time

+1 and hashrate is down lol....no one saw that one coming 

[CoinHoarder]

I really wouldn't celebrate... all the GPU btc mining escapees will blow your difficulty out of the water killing your mining profit margins. Difficulty is supposed to parallel price. Price does not go up just because miners are driving difficulty up.

And as expected, difficulty has now been driven past the point of profitability in no time

+1 and hashrate is down lol....no one saw that one coming 

Hash rate went back down to about 1000 Gh. Did some of the large GPU farms decide that it wasn't worth it anymore, or was this a bot net test??

[meebs]

I really wouldn't celebrate... all the GPU btc mining escapees will blow your difficulty out of the water killing your mining profit margins. Difficulty is supposed to parallel price. Price does not go up just because miners are driving difficulty up.

And as expected, difficulty has now been driven past the point of profitability in no time

+1 and hashrate is down lol....no one saw that one coming 

Hash rate went back down to about 1000 Gh. Did some of the large GPU farms decide that it wasn't worth it anymore, or was this a bot net test??

when profitability drops 70% overnight it is easy to see why some folk would shut down of move to another coin.

LTC has been been seeing 10-20% diff bumps and drops for months now...

[BitCoiner2012]

What was the hashrate last month this time?

[bitcool]

I really wouldn't celebrate... all the GPU btc mining escapees will blow your difficulty out of the water killing your mining profit margins. Difficulty is supposed to parallel price. Price does not go up just because miners are driving difficulty up.

And as expected, difficulty has now been driven past the point of profitability in no time

>>Current Difficulty   44.03956404
>>Next Difficulty Estimate   33.17737992

Which makes things more interesting.... if mining LTC makes no money or loses money, like right now, who is still mining?
   1. Botnet
   2. People with "free" electricity
   3. Diehard Litecoin fanatics
   ...

Whatever the answer is, it's a good sign, because it means the wildest hash rate oscillation is behind us,  making future 51% attacks near impossible. In other words, Litecoin is here to stay.