Difficulty in September?

[ironcross360]

Hmm. The Asicminer usb would get me how many ltc per day?

[J35st3r]

Hmm. The Asicminer usb would get me how many ltc per day?

Zilch, nada, not one ltc cent. It mines bitcoin not ltc. But you can always trade BTC for ltc if you want.

PS I fed 300MHash/sec into http://www.coinish.com/calc/ and it says 0.0097  BTC per day ($1.16)
Beware the difficulty increase, use the expert view to estimate your ROI.

[ironcross360]

Hmm. The Asicminer usb would get me how many ltc per day?

Zilch, nada, not one ltc cent. It mines bitcoin not ltc. But you can always trade BTC for ltc if you want.

Oh... I wanted to mine LTC because of its lower diff. Guess I will need to wait for a cheaper asic to come out near september.

[J35st3r]

Oh... I wanted to mine LTC because of its lower diff. Guess I will need to wait for a cheaper asic to come out near september.

I edited my original post to include the BTC return 0.0097 / day (at current difficulty). Seemed churlish not to.

It will be a while before ltc ASIC miners are available (if ever). There are people currently working on FPGA ltc miners, but its tricky and needs new board designs (current BTC  FPGA/ASIC miners won't work on ltc due to the memory requirements)

[Crindon]

My best estimate for BTC difficulty is around 10 fold today within the next six months.

So, by about September 2013, it will be well over 20 million, but under 150 million.
By about November 2013, it will be just over 150 million to under 200 million.
By about June 2014, it will probably be 300 million to 600 million.

The rate of increase will be steady for the next few months, then the rate will decrease as many GPU miners migrate to the other alt currencies. Then the rate of increase will go back up again.

The increase in network hashrate is set to double based on the current volume of Avalon ASIC chip purchases, which will mean at least double the difficulty come August/September. However, the orders keep going up. By about mid-September, there will be another rush of ASIC based miners coming online.