litecoin difficulty

[dbabo]

what in universe is with the lltc difficulty in last few days? went from 400ish to 605 in a week....

[markm]

what in universe is with the lltc difficulty in last few days? went from 400ish to 605 in a week....

People got tired of wasting their hashing power on scamcoins?

-MarkM-

[Aragami]

what in universe is with the lltc difficulty in last few days? went from 400ish to 605 in a week....

People got tired of wasting their hashing power on scamcoins?

-MarkM-

Litecoin could have easily been seen as a scamcoin when it came out and probably was by a few people. It's obviously solidified itself in the cryptocurrency world as an accepted coin though, so it'll only ever increase in popularity most likely - look at what happened to bitcoin? Fair few people hashing that out i hear.

[markm]

Yeah I felt the irony as I typed "scamcoin", since if they really cared about that they would stick to merged-mining SHA256 coins.

-MarkM-

[dbabo]

with prices on a steady decline as expected, i'm not sure why ppl would burn more resources on this...

[NWO]

It looks like we're all heading back to PowerCoin before the big announcement on Thursday 

[anonynonanony]

It looks like we're all heading back to PowerCoin before the big announcement on Thursday 

nobody is heading to your dead coin.

[pekv2]

Gosh, I recall when I started mining ltc at dif. 2.  Then reaper was found to be used on LTC, it caught on a little, then cgminer came out, and dif. broke high.

[tom_o]

Gosh, I recall when I started mining ltc at dif. 2.  Then reaper was found to be used on LTC, it caught on a little, then cgminer came out, and dif. broke high.

Well I'm still mining away, free power ftw. Although uni halls have terrible ventilation; I pay in room temperature. 25.2C -.-