Topic: Next LTC Difficulty Jump :-( - page 2. (Read 2877 times)
What are you guestimates for LTC diff? Can i assume that diff will increase by 30% each month? is that accurate?
Looks like back to around 550-600+ (35%+ jump) and the price has been stuck in the mud around $3 this week. 
Not that Im selling.
My 5000 kh/s is only going to be generating around $600 profit a month (~8 LTC/day), but Im a big believer in BTC/LTC long term so I will stick with it.
The good news is, when it jumps a lot of people may quit mining LTC and go for other alt coins, but still, this next jump is going to be brutal.
I guess it gives us a while to mine some cheap coins before they get listed on Gox, at which point the price - and difficulty - will just go insane.
Not that Im selling. My 5000 kh/s is only going to be generating around $600 profit a month (~8 LTC/day), but Im a big believer in BTC/LTC long term so I will stick with it.
The good news is, when it jumps a lot of people may quit mining LTC and go for other alt coins, but still, this next jump is going to be brutal.
I guess it gives us a while to mine some cheap coins before they get listed on Gox, at which point the price - and difficulty - will just go insane.
If you have watched the diff curve as long as I have you will also take note of a couple of things
a) Never take the estimate value right after a change or < 5% measured as it will always be massivlely high i.e your 650 + value
b) There is a wave as part of the cycle as to the accuracy of the estimated value i.e after about 12% measured its value is always 10-20% lower than actual result and at about 65% its about 10% too much over
c) Litcoinpool.org/stat is usually always closer to the real numbers (dont know why ) than reading the raw figures from allchains.info
Hope this helps to settle your nerves...also just get so much hash power that you dont stress about it tooooooo much
Sure, the instantaneous difficulty estimate is high, but the hashing power was still lower for about 1/4 of the blocks mined this round, so it's only going to be 450 or so: http://allchains.info/
what are you talking about ? coinotron says litecoin difficulty at 396.6 , this is down from 430 something
Looks like back to around 550-600+ (35%+ jump) and the price has been stuck in the mud around $3 this week. Not that Im selling.
My 5000 kh/s is only going to be generating around $600 profit a month (~8 LTC/day), but Im a big believer in BTC/LTC long term so I will stick with it.
The good news is, when it jumps a lot of people may quit mining LTC and go for other alt coins, but still, this next jump is going to be brutal.
I guess it gives us a while to mine some cheap coins before they get listed on Gox, at which point the price - and difficulty - will just go insane.
Not that Im selling. My 5000 kh/s is only going to be generating around $600 profit a month (~8 LTC/day), but Im a big believer in BTC/LTC long term so I will stick with it.
The good news is, when it jumps a lot of people may quit mining LTC and go for other alt coins, but still, this next jump is going to be brutal.
I guess it gives us a while to mine some cheap coins before they get listed on Gox, at which point the price - and difficulty - will just go insane.
Jump to: