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Topic: All time highest litecoin mining difficulty? - page 3. (Read 18679 times)

member
Activity: 84
Merit: 10
Funny quote
Awesome pawesome Smiley
hero member
Activity: 616
Merit: 500
In a day or so we will hit the highest LTC difficulty ever, 80+

what is the previous high?

In the 50s if memory serves me correct.

I thought it was just the high 40's back during the block halving roller coaster.

We'll hit 78-80 today though.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
2.65 GH/s currently on Litecoin network.  Grin
legendary
Activity: 1484
Merit: 1005
In a day or so we will hit the highest LTC difficulty ever, 80+

what is the previous high?

In the 50s if memory serves me correct.
420
hero member
Activity: 756
Merit: 500
In a day or so we will hit the highest LTC difficulty ever, 80+

what is the previous high?
legendary
Activity: 1484
Merit: 1005
In a day or so we will hit the highest LTC difficulty ever, 80+
420
hero member
Activity: 756
Merit: 500
BUMP Its hovering around 39 thats pretty brutal, it looks like the hashrate came down a little but the difficulty remains pinged deep in the redzone.

what do u mean REDZONE?
member
Activity: 95
Merit: 10
Allchains.info reports that litecoin difficulty is currently at 13.22, and is about to bump up to 13.56. I'm not sure if this is the all time highest litecoin difficulty, but it is the highest I have ever seen it. Is there anybody who has kept records of previous mining difficulty who can confirm whether this will be a new record high? If so, what does it mean for litecoin? Will it force a higher litecoin price, or will it prevent additional bitcoin miners from moving across to litecoin?

about 6.5 times that now... :\
hero member
Activity: 1036
Merit: 500
BUMP Its hovering around 39 thats pretty brutal, it looks like the hashrate came down a little but the difficulty remains pinged deep in the redzone.
420
hero member
Activity: 756
Merit: 500
We hit 1.828 ghs today Smiley

kickass. but we had 1.5ghash on december 16. not much greater...
legendary
Activity: 1484
Merit: 1005
We hit 1.828 ghs today Smiley
legendary
Activity: 1484
Merit: 1005
bump, looks like it's party time on the litecoin network

http://www.litecoinpool.org/pools
http://www.litecoinpool.org/charts

edit: also check out the ltc buy depths, it looks like BTC when it was going up to $30+
http://www.ltc-charts.com/orderbook.php?pair=ltc-usd&market=btc-e
http://www.ltc-charts.com/orderbook.php?pair=ltc-btc&market=btc-e
420
hero member
Activity: 756
Merit: 500
eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a SPECULATION problem

FTFY


If I had reasonable assurance that something BIG was going to happen and it would be worth 0.015 BTC in 3 months I would mine the ever living crap out of LTC regardless of current difficulty.

If i felt price was going to be stable, i would only mine when difficulty is on the down cycle.

just for the joy. because it would be cheaper to buy with btc than to mine it

just a special satisfaction to mine it oneself Smiley
hero member
Activity: 616
Merit: 500
eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a SPECULATION problem

FTFY


If I had reasonable assurance that something BIG was going to happen and it would be worth 0.015 BTC in 3 months I would mine the ever living crap out of LTC regardless of current difficulty.

If i felt price was going to be stable, i would only mine when difficulty is on the down cycle.
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
December 09, 2012, 03:38:41 PM
#99
Maybe a university computer lab running a test or IT guy actually got  it running for shits and giggles on 500 new highest end PC's with 7990's
sounds plausible considering it's a weekend.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 09, 2012, 03:11:03 PM
#98
It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.
Really? that's interesting because if profitability was the motivation, he should have done that when difficulty dropped from 44 to 26....


LOL why else is he mining with his giant farm on LTC? For health reasons?

ROFL!  Cheesy Cheesy Cheesy
420
hero member
Activity: 756
Merit: 500
December 09, 2012, 03:10:01 PM
#97
Maybe a university computer lab running a test or IT guy actually got  it running for shits and giggles on 500 new highest end PC's with 7990's
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
December 09, 2012, 02:51:06 PM
#96
It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.
Really? that's interesting because if profitability was the motivation, he should have done that when difficulty dropped from 44 to 26....
420
hero member
Activity: 756
Merit: 500
December 09, 2012, 02:49:50 PM
#95
eventually people wont just mine for shits and giggles they need the price to increase for that mining to be or become profitable
Hashrate and price, who follows who is a chicken-and-egg problem. They affect each other in either direction, grow or shrink.

The price can be manipulated, hashrate is a better indication of LTC's health and potential in a longer term.


It isn't healthy when someone can add 1 GH/s to the litecoin network at this stage. Last nigh it looked like someone had 70% of all hash power on LTC.

Not exactly sure I condone double spending or code modifications.

looks like they're not in USA or dont sleep at night because I didn't see it

takes 1,300 5970's to get 1gigahash

how many people have $364,000 worth of hardware?
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
December 09, 2012, 02:49:07 PM
#94
so in the case of rise, most likely price will follow the hashrate/difficulty's lead?
I really don't know, but I think it has better than 50% probability.
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