Litecoin hashrate vs price

[dwgscale11]

Can anyone explain what's happening?  This hashrate is exploding, price is bleh.  Is there a hashrate vs price longterm chart anywhere?

[dballing]

Shhhh, keep it on the DL breh.

[shyliar]

Several thousand of these coming online over the next few months:

http://www.innosilicon.com/html/mining-asic/14.html

A huge investment in the LTC network. Looking forward to all the upcoming news.

[memequiserle]

Litecoin hashrate not big effect to litecoin price
but still effect price
litecoin is equal dogecoin, the price is flat and stable price, not big waves

[NattyLiteCoin]

Yes. The A4'a are coming online and it looks like F2Pool and an UNK farm were the first to get their hands in them. If these operations start backing LTC development through contributing their mining rewards (which has been recently implied), this will provide a buzz as it will be the first sentiment that LTC is a stabely-funded, non-profit entity. That may cause a price uptick for sure.

[Litesire]

Good news for scrypt miners is that Gulden is also on scrypt. Scrypt has more options then sha or any other PoW algorithm.

Scrypt miners should look at the update Gulden is doing this week. Your supporting possibly the best development team in crypto atm and a worthy long term investment.

[Herbert2020]

i am not a mining expert but i have seen throughout these years is that miners shift their mining power (hashrate) to where they can earn more money and since there has been a couple of highly profitable altcoins like ETH, ZCash and possibly others all these pools shifted to those alts but since all these altcoins have reached their end of time and dying, miners (pools) are coming back to more trusted old altcoins which they know it is going to make them profit.

[ethereumhunter]

litecoin has been sleep for too long until now, and for the mining, my last mining with my hardware is in july-august this year and i don't see that there is a good result as i only have small hardware. maybe if the other have big hardware with big hashrate, the result will be high and they can save it into their wallet and wait for the best price of litecoin.

but its too hard to mining litecoin for now, i think better to mining small diff but there is a good chance for us to get stable profit. i think the choice is like flo, maybe gulden is also good choice.

[TheCrash]

litecoin has been sleep for too long until now, and for the mining, my last mining with my hardware is in july-august this year and i don't see that there is a good result as i only have small hardware. maybe if the other have big hardware with big hashrate, the result will be high and they can save it into their wallet and wait for the best price of litecoin.

but its too hard to mining litecoin for now, i think better to mining small diff but there is a good chance for us to get stable profit. i think the choice is like flo, maybe gulden is also good choice.

Scrypt has the following coins for larger dedicated miners:

Litecoin and coins that are merged mined with it including Doge, Via etc
Gulden - Standalone
GameCredits - Standalone

The rest aren't worth mentioning as I don't believe they have a great future besides the odd pump here and there and 99% of the new alternatives won't look at using scrypt. Miners should support these 3 projects as best they can or risk one of them moving off the algo.

Mine litecoin for solid income, mine Gulden or GameCredits for future profits.

[shyliar]

Odd that some coins would be standalone when they can be merged mined. Not a very good way of securing the network. Coins like Gulden that are significantly premined won't get much interest unless the market is heavily manipulated.

[Litesire]

Odd that some coins would be standalone when they can be merged mined. Not a very good way of securing the network. Coins like Gulden that are significantly premined won't get much interest unless the market is heavily manipulated.

Same excuse was used by scammers in 2014 to try deter people from looking at Gulden when the price was under 100sat, today at 5000sat the same excuse is being used.

This week you will see the greatest update in crypto history unfold before your very eyes... but hey it's got a premine...

https://developer.gulden.com/

[shyliar]

Most folks don't like premines. Just the way things are. If you like them we will just have to agree to disagree.

[Litesire]

Most folks don't like premines. Just the way things are. If you like them we will just have to agree to disagree.

It's understandable, 99.9% of the premine coins the devs have dumped and run off and in the case of ICOs use the legit btc they acquired to create a couple of pumps and try get gamblers to play along to achieve a greater btc profit.
Gulden has been going since April 2014 and if the developers were going to dump out they would of done it long ago instead of putting in all this effort to create something special.

Besides the community has been buying gulden through their dev shares program which is how they raising money.

https://shares.gulden.com/

[BitcoinHodler]

Shhhh, keep it on the DL breh.

hehe, exactly.
this is somewhat clear movement first from miners and at the same time whales who were accumulating litecoin during all this time when eveybody was occupied with hyped coins like ZCash and ETH and then there will be a jump in one of the Chinese exchanges and we will see moon.

so try to get on the train now before it leaves.