It is gonna be interesting in the ancient Chinese Curse of Interesting: May you live in interesting times!
So, again, (see previous posts on this thread), IMHO, I think about 75% of all LTC Scrypt-pow miners are Bitmain L3's or L3+'s.
Thus they are underwater at these prices. As of now, that is $96.65 LTC at say 10c kWh.
https://coinmarketcap.com/currencies/litecoin/So as far as Bitmain units in relationship to LTC difficulty mining we could see a lot of stuff dump, and then if the price was to recover a lot of Yo-yo'ing
of mass amounts of difficulty being turned off and on in an attempt to beat difficulty when down with the prices and driving difficulty up when all these
SAME low hanging fruit and these units try to get back on at a profit ..then off .then on...could be in for interesting times.
Of course, If LTC prices stay under say $150, then the network will go down in difficulty I mean way, way down.
But still would be modest to downright embarrassing on what you would be making and dubious ROI on even the $3,000 USD at 2.2gh 2100 watts Innsolicon A6+ which
I list here
https://www.innosilicon.com/html/a6+-miner/index.htmlHere is profit as of this moment for one of these, again, before HALVING in like 4-5 days for LTC.
Currently making at 10c kWh $1.36 per day!
According to the ASIC Miner Value Page here:
https://www.asicminervalue.com/miners/innosilicon/a6-ltcmaster-1.
Assuming all is the same more or less price wise etc on the LTC
halving that would be, again after halving 68c a day!
Damn, that is downright embarrassing. Of course, some $$$ would be made if my view of the Bitmain L3 and L3+
making up the vast majority of LTC miners. But again, even after all that shook out, this could be disastrous for Litecoin as a viable coin at a viable price.
Anyway, I won't get into what this might do to price or HODL or anything else.
Just saying from the mining point of view, IMHO, this looks pretty dire. I mean to me, really, really dire!
Some PR from the Litecoin Foundation on Mimblewimble and/or halving and/or other efforts/or other progress/or something would be helpful.
But alas, deafening silence.
![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
Anyway, my 'suspected' fears and rant on this.
Hope I'm dead wrong!
Brad