LTC difficulty

[bitcool]

After 100+ points jump, most expected it would drop a lot, but

Current Difficulty   596.88735373
Next Difficulty Estimate   636.87248392

This is crazy.

[domoblur]

This is crazy.

This is SPARTA

[pekv2]

Dunno how prices are not climbing either.

[furuknap]

After 100+ points jump, most expected it would drop a lot, but

Current Difficulty   596.88735373
Next Difficulty Estimate   636.87248392

This is crazy.

Keep in ming that right after a retarget, the difficulty estimates are way, way off. It was 685 when I fiurst checked and now 628 this morning.

Not sure why it's that much off, but maybe people jump ship due to decreased profitability.

.b

[sugarwhale]

amazing

[tom_o]

After 100+ points jump, most expected it would drop a lot, but

Current Difficulty   596.88735373
Next Difficulty Estimate   636.87248392

This is crazy.

Keep in ming that right after a retarget, the difficulty estimates are way, way off. It was 685 when I fiurst checked and now 628 this morning.

Not sure why it's that much off, but maybe people jump ship due to decreased profitability.

.b

Yep its exactly this, woo 7970s now earning 1.2LTC a day

 -.-

[CoinHoarder]

Dunno how prices are not climbing either.

Price doesn't follow difficulty.

Difficulty follows price and profitability.

Although, lately, even if profitability goes down, the network speed doesn't go down too much. This is a good development.. it means there are more dedicated LTC miners than there was some months ago, thus making the network stronger.

I am very excited for the future of Litecoin, I think it is quite bright!

[Jakewell]

the miners stopped the mining on FC and CNC so they returned to LTC and thats why the jump on the diff level.