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Author Topic: How quickly will Litecoin difficulty rise in the next few months??  (Read 3201 times)
elgeo
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May 08, 2013, 11:23:08 AM
 #21

As some of you will know, Litecoin price is going through the roof, it's gone from about $1 to about $4 in 2 days.
I just spent about £1000 on mining equipment with which I'm hoping to get 1500+ kH/s.

At current difficulty this should pay for itself within 1 month. Question is, how high will the difficulty be a few months down the line???

Network performance has gone from 3,000,000 kH/s to about 5,000,000 kH/s in 2 days: http://www.litecoinpool.org/charts

I'm starting to think I may have made a dickhead maneuver...  Embarrassed

it depends how much people mine...the difficulty changes according to total kh/s from all users

I don't have a signature because I'm not a customary person.
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