Author

Topic: Question about litecoin mining profitability (Read 454 times)

hero member
Activity: 630
Merit: 504
August 29, 2015, 06:26:01 PM
#2

I would wait 30-60 days before coming to any conclusions.

sr. member
Activity: 500
Merit: 250
As you probably know already litecoin has gone through a halving.
Of course the price didn't react too much so the profitability has gone down by half.

According to bitcoin wisdom the hashrate/difficulty has taken a dump:
Aug 27 2015   41,782   -7.61%   1,196 GH/s

and another one is coming

Estimated Next Difficulty:   38,646 (-7.50%)
Adjust time:   After 799 Blocks, About 1.5 days

My question is , with the best hardware there is , with a uber low electric rate , is there any equipment you can buy and hope to ROI in your lifetime ?

And no , I'm not even remotely interested in starting mining , just  doing my personal research.
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