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Author Topic: Difficulty is going own? BTC and LTC?  (Read 2595 times)
endriuska (OP)
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May 20, 2013, 08:55:31 PM
Last edit: May 20, 2013, 10:19:44 PM by endriuska
 #1

https://www.litecoinpool.org/stats

Network Hash Rate   14,338,509 kH/s
Expected Time per Block   2 min 57 sec
Current Block   356,251
Current Difficulty   593.04678646
Next Difficulty Estimate   544.38062459
Time to Retarget   1 days 04 hours


http://dot-bit.org/tools/nextDifficulty.php
Last change           235872   12/05/2013 19:15   11'187'257.46   x1.06
Last 120   236978-237098   19/05/2013 22:43   10'136'701.03   x0.91
Last 10   237088-237098   20/05/2013 18:33   8'350'776.91   x0.75
Next                   37888   26/05/2013 22:06   11'093'119.71   x0.99


Is this true? or what's going on? is it stabilizing?
ebildude123
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May 21, 2013, 04:47:36 AM
 #2

Hopefully that estimate is pretty accurate and difficulty does go down  Cheesy
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May 21, 2013, 04:49:13 AM
 #3

how is it possible that can HR diff go down? thought it only went up
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May 21, 2013, 04:53:13 AM
 #4

how is it possible that can HR diff go down? thought it only went up

It can totally go down. The point of retargeting difficulty is to keep the block construction rate constant in response to change in hash power on the network. Less hash power means less difficulty in order to keep transactions verified at the same rate.


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Bendur
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May 21, 2013, 08:34:48 AM
 #5

It can go down, just doesn't happen too often. Not sure what is causing this drop, but im not complaining  Smiley

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May 21, 2013, 11:44:01 AM
 #6

bring it down !!!
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May 21, 2013, 11:46:49 AM
 #7

It can go down, just doesn't happen too often. Not sure what is causing this drop, but im not complaining  Smiley

AsicMiner's hash rate on BTC Guild  has dropped from 13 Thash to 8. So some of their kit is offline at the moment. Probably temporary while they plug in yet more boards!

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May 21, 2013, 12:25:32 PM
 #8

Up a few percent now for bitcoin. Litecoin is going down because so is it's value, it's less profitable to mine than bitcoin currently.
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May 21, 2013, 12:33:15 PM
 #9

Sadly, it will keep going up, don't look at those estimates.. :/

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May 21, 2013, 02:37:56 PM
 #10

It can go down, just doesn't happen too often. Not sure what is causing this drop, but im not complaining  Smiley

AsicMiner's hash rate on BTC Guild  has dropped from 13 Thash to 8. So some of their kit is offline at the moment. Probably temporary while they plug in yet more boards!

It's not offline, just not all on BTC Guild anymore.
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May 21, 2013, 02:40:55 PM
 #11

It can go down, just doesn't happen too often. Not sure what is causing this drop, but im not complaining  Smiley

AsicMiner's hash rate on BTC Guild  has dropped from 13 Thash to 8. So some of their kit is offline at the moment. Probably temporary while they plug in yet more boards!

They're moving to solo mining.

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May 21, 2013, 04:23:53 PM
 #12

Sadly, it will keep going up, don't look at those estimates.. :/

so u say there is no chance to go down ?
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May 21, 2013, 08:15:37 PM
 #13

Sadly, it will keep going up, don't look at those estimates.. :/
so u say there is no chance to go down ?
Lol keep dreaming.

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May 21, 2013, 08:16:05 PM
 #14

They're moving to solo mining.
Thread? Where did they say this?

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Caesium
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May 21, 2013, 08:30:25 PM
 #15

They're moving to solo mining.
Thread? Where did they say this?

https://bitcointalk.org/index.php?topic=99497.msg2212464#msg2212464

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May 21, 2013, 08:41:36 PM
 #16

I'm pretty sure they won't move everything there, alteast they haven't informed us about it.

I do hate that topic, 90% posts there are useless and just take away the pleasure of reading Friedcats posts.

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May 21, 2013, 11:32:59 PM
 #17

I'm pretty sure they won't move everything there, alteast they haven't informed us about it.

I do hate that topic, 90% posts there are useless and just take away the pleasure of reading Friedcats posts.
That post was made yesterday and there are already 9 pages of comments? Holy crap no wonder I was unaware.

So are they pulling all of their hashrate off the pools and going solo?

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Caesium
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May 21, 2013, 11:35:55 PM
 #18

Whether it's all the hashrate or not hasn't been confirmed or denied. Just that some of it is. The blocks are already being created and identified by blockchain.info, around 10% of network hashrate is AsicMiner soloing.

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May 21, 2013, 11:37:29 PM
 #19

I'd expect LTC to drop to < 400 at next retarget. Last 10 for BTC is 1.7x, so that .99 was probably just a blip.
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May 22, 2013, 10:31:07 PM
 #20

I quit mining for the summer and have no desire to look into Litecoin mining. I can't take all the credit for the decline, however, I was not responsible for over 4TH.
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