Author

Topic: Litecoin mining difficulty (Read 1277 times)

member
Activity: 92
Merit: 10
September 07, 2014, 04:52:30 AM
#12
Hey guys,

I'm wondering if these third generation ASIC coming at end of Q4 this year will increase the difficulty.
Seems like a very few ASIC have been shipped this year and the difficulty wents up, but not like BTC at all.

Do you think it will increase that much with the new ASIC- scrypt coming  by the end of this year ?
Yes as many people mine the difficulty will rise.The profit gain period is quite long while in litecoin mining hardware cost are too high compared to litecoin rate
hero member
Activity: 770
Merit: 500
September 07, 2014, 03:06:50 AM
#11
KNC ,GAW , ZEUS , BITMAIN ... Pre-ordered Asics from these manufactures have not been released yet .... So difficulty will be touching the roof soon once market gets flooded with them and moreover , Asics will keep on improving withe respect to speed and power efficiency.
hero member
Activity: 583
Merit: 500
September 07, 2014, 02:46:08 AM
#10
Is it worth to buy antiminer L1? it is by far the cheapest pre-order right now on market..
newbie
Activity: 42
Merit: 0
September 07, 2014, 02:23:14 AM
#9
I think the difficulty of Litecoin mining will rise. Difficulty of all established coins are rising.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
September 07, 2014, 01:25:50 AM
#8
At least double by the end of this year.
sr. member
Activity: 394
Merit: 250
September 07, 2014, 01:22:51 AM
#7
Hey guys,

I'm wondering if these third generation ASIC coming at end of Q4 this year will increase the difficulty.
Seems like a very few ASIC have been shipped this year and the difficulty wents up, but not like BTC at all.

Do you think it will increase that much with the new ASIC- scrypt coming  by the end of this year ?

A lot of company is mass producing asic for scrypt right now, none of them is worth well as the difficulty is increasing like mad..
sr. member
Activity: 420
Merit: 250
September 06, 2014, 10:00:57 PM
#6
  dont forget KNC and GAW are coming next few weeks but no one know that will take off and Bitmain for Dec.
sr. member
Activity: 373
Merit: 250
September 06, 2014, 02:16:26 PM
#5
Network hashrate right now is around 750 GH I think. I would guess around 300 GH to be added by end of December. So about 20-25% increase in difficulty. This is just a guess though.
sr. member
Activity: 270
Merit: 250
Lovin' Crypto
September 06, 2014, 01:35:43 PM
#4
I guess the diff will go up like for BTC then maybe 5-20% ?
hero member
Activity: 546
Merit: 500
September 06, 2014, 12:35:31 PM
#3
Yes ASICs will become cheaper and difficulty will rise. I just hope that with higher difficulty also come higher price, but we will see what future brings us.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
September 06, 2014, 12:01:14 PM
#2
Yes i think so.  Bitmain put out a pre-order (sigh) for december really cheap, so by december hash rate will go up like crazy again i think
sr. member
Activity: 270
Merit: 250
Lovin' Crypto
September 06, 2014, 01:27:52 AM
#1
Hey guys,

I'm wondering if these third generation ASIC coming at end of Q4 this year will increase the difficulty.
Seems like a very few ASIC have been shipped this year and the difficulty wents up, but not like BTC at all.

Do you think it will increase that much with the new ASIC- scrypt coming  by the end of this year ?
Jump to: