So you think that the Bitcoin difficulty increases are bad?

[Takeshi_Kovacs]

Litecoin difficulty just jumped by over 20%.

Now that might not sound as bad as some of the recent Bitcoin difficulty jumps but remember, Litecoin re-targets the difficulty four times more often than bitcoin so that would work out as the equivalent of Bitcoin difficulty more than doubling in one jump.

I wonder, will the folks who are rushing out to buy more GPUs ever see a profit? At least it is easier to sell a used GPU than an ASIC that is no longer worth mining.

But it was a good few weeks for those who already had a decent number of GPUs hashing away.

[BitcoinBarrel]

Litecoin difficulty has just about doubled in only a couple weeks.

[jamesc760]

Coincidentally, ALL AMD Radeon GPU's are SOLD OUT everywhere. Gosh, people must have discovered video gaming!!!