Topic: Whats with the trend and 18% plus LTC difficulty drop? Now 7/8/16 23.10% drop? (Read 1818 times)
August 08, 2016, 11:12:29 AM
Satnof
August 07, 2016, 10:31:37 PM
Litecoin is pumped today it seems.
Fluctuations are common things in trading
Fluctuations are common things in trading
July 09, 2016, 07:09:35 PM
And wow there it goes right back to a peak rate again. I never understand why people don't accept the fluctuations in apparent Hashrate. It fluctuates all the time folks.
July 09, 2016, 05:50:45 AM
Maybe some big miners got busted for stealing electricity in china again 
As good a reason as any I guess...I suppose that IF you were running your A2 110mh or below scrypt miners for LTC and converting it to BTC on say
a multipool .halving today for btc and .this would be a good time to just pull the plug..summer heat and all....but that logic fails on so many levels...but only thing I can see
besides your comment/fire/earthquake/alien abduction of miners/etc
July 09, 2016, 01:42:45 AM
Maybe some big miners got busted for stealing electricity in china again
July 08, 2016, 09:00:53 PM
Well figured I'd shake out this thread again rather then start a new one...same question new date 7/8/16 to summarize wtf?
figured I'd try this again now that we are seeing a 23.10% diff drop so fare with 2.3 days to go...again 7/8/16.
sheesh
BTC halving is in 14hrs and 20 min......so.........not sure if that is a coincidence ...likely not?
anyway new hot coin I'm unaware of....pretty dramatic drop in LTC difficulty
currently it is 987,238 mh.....when I started my KNC Titan (orig one) on Nov 8th 2014 it was 1169gh ...I mean really?
Anyway beyond weird
deja vu all over again
jump in on what you think is going on
figured I'd try this again now that we are seeing a 23.10% diff drop so fare with 2.3 days to go...again 7/8/16.
sheesh
BTC halving is in 14hrs and 20 min......so.........not sure if that is a coincidence ...likely not?
anyway new hot coin I'm unaware of....pretty dramatic drop in LTC difficulty
currently it is 987,238 mh.....when I started my KNC Titan (orig one) on Nov 8th 2014 it was 1169gh ...I mean really?
Anyway beyond weird
deja vu all over again
jump in on what you think is going on
June 06, 2016, 08:18:34 PM
What ethereum has with litecoin??, its IPO premined centralized scam and the scrypt asic miner can not mine ETH!
The price of electric power change, ppl find better places all the time, as you can see it was taken off on moved at different location prolly for lower $ per kwh!
Also A4 chips are prolly out atm and soon operational!
The price of electric power change, ppl find better places all the time, as you can see it was taken off on moved at different location prolly for lower $ per kwh!
Also A4 chips are prolly out atm and soon operational!
June 06, 2016, 06:57:51 PM
GPU miners would have been made redundant long ago via ASIC miners. This is not a GPU farm moving to Ethereum, as I'm not sure some of you understand how many GPU one would require to achieve a hash rate that high.
I've heard that it's nothing from China, making KnC somewhat likely. But that doesn't really make sense.
I've heard that it's nothing from China, making KnC somewhat likely. But that doesn't really make sense.
June 03, 2016, 12:16:38 PM
I think scrypt miners have switched to mining Ether, and that's the reason for the drop... Once Ether goes POS, the scrypt miners will return to LTC
Huh ?
LTC miners are ALSO mining ETH. Titans on LTC, GPU's on ETH.
June 03, 2016, 12:13:55 PM
I think scrypt miners have switched to mining Ether, and that's the reason for the drop... Once Ether goes POS, the scrypt miners will return to LTC
But I thought gpu miners were worthless on scrypt now due to ASICs the past year or so.
No idea. Just not gradual. All at one time blamo 19% dump
June 03, 2016, 11:22:46 AM
I think scrypt miners have switched to mining Ether, and that's the reason for the drop... Once Ether goes POS, the scrypt miners will return to LTC
June 03, 2016, 10:36:41 AM
Not a chance it has much to do with Eth mining since Scrypt ASICs can't be used. Likely it will be back to normal soon just like it has every time there was a similar drop in litecoins history.
That was paycoin mining to prime their network for 2 weeks. Or one such drop was
June 03, 2016, 10:35:09 AM
But surely the fact that Eth mining difficulty is going us fast, could explain why LTC difficulty is falling.
LTC has also not been pumped and has actually got negative press recently, whilst the whole blockchain press has been going on (coinbase said it was a copy-me coin)
If you believe in LTC (I don't) then enjoy the easy mining! I fear it will keep getting easier.
LTC has also not been pumped and has actually got negative press recently, whilst the whole blockchain press has been going on (coinbase said it was a copy-me coin)
If you believe in LTC (I don't) then enjoy the easy mining! I fear it will keep getting easier.
No one with gpu has mined ltc for months. Does not apply imho. KNC farm maybe went down
They lied about much likely a Titan farm
June 03, 2016, 09:59:42 AM
Not a chance it has much to do with Eth mining since Scrypt ASICs can't be used. Likely it will be back to normal soon just like it has every time there was a similar drop in litecoins history.
June 03, 2016, 09:19:34 AM
But surely the fact that Eth mining difficulty is going us fast, could explain why LTC difficulty is falling.
LTC has also not been pumped and has actually got negative press recently, whilst the whole blockchain press has been going on (coinbase said it was a copy-me coin)
If you believe in LTC (I don't) then enjoy the easy mining! I fear it will keep getting easier.
LTC has also not been pumped and has actually got negative press recently, whilst the whole blockchain press has been going on (coinbase said it was a copy-me coin)
If you believe in LTC (I don't) then enjoy the easy mining! I fear it will keep getting easier.
June 03, 2016, 08:28:21 AM
Just wondering I see a drop on difficulty for litecoin down to 18.56% and 1.6 days to go.
The current network is 1095gh. As an example when I turned on my 1st KNC Titan in Nov 8th 2014, the difficulty was 1169gh.
I mean I like it but wth?
Maybe some big miner has turned off all his A2 scrypt miners and is replacing them with the new A4's ....
others ideas on what is up? Post them here. I sure did not get the memo on what is up on this
Moved to ETH - more profitable?
No issue with that if I had to start from scratch. But KNC Titans roi'd a whiie ago.
I have read that ethereum difficulty is going up so fast it may not be worth it anymore. Any truth to that?
2x the cash. With ltc diff drop of 19% and price pump since. I'd say maybe now ethereum is much less then 2x the dough. Others can work this calc out
So if you have gpu's or Titans you are golden. Starting from scratch with either in a big way is risky imho.
When I ran figures a month ago a gpu cost 1/2 a Titan cube and made 2x the cash. Now with ltc price pump.
And the 19% ltc difficulty dump. It is likely not real big diff anymore. But then agiain you can use/sell gpu's for
Other stuff
June 03, 2016, 08:12:05 AM
Enjoy the difficulty drop while it is hot! I will make the most of it : - )
June 03, 2016, 06:23:26 AM
Just wondering I see a drop on difficulty for litecoin down to 18.56% and 1.6 days to go.
The current network is 1095gh. As an example when I turned on my 1st KNC Titan in Nov 8th 2014, the difficulty was 1169gh.
I mean I like it but wth?
Maybe some big miner has turned off all his A2 scrypt miners and is replacing them with the new A4's ....
others ideas on what is up? Post them here. I sure did not get the memo on what is up on this
Moved to ETH - more profitable?
June 03, 2016, 03:04:21 AM
Litecoin is not getting its deserved place in the cryptoworld, always living in the shadow of Bitcoin, the hack of its forum did not help either.The developpers of Litecoin messed things up and it's up to their community to turn things up and bring it to the light of day.
June 02, 2016, 11:28:08 PM
Just wondering I see a drop on difficulty for litecoin down to 18.56% and 1.6 days to go.
The current network is 1095gh. As an example when I turned on my 1st KNC Titan in Nov 8th 2014, the difficulty was 1169gh.
I mean I like it but wth?
Maybe some big miner has turned off all his A2 scrypt miners and is replacing them with the new A4's ....
others ideas on what is up? Post them here. I sure did not get the memo on what is up on this
Thanks, that is interesting. I knew some pools controlled large percentages of LTC coin mining, but I didn't realize that there were single mining operations with ~20% of hashrate. How would this compare to the estimates of the largest single BTC mining operations?
Also, anyone have any rough estimate of the usd cost to mine an LTC at this point?
you can use this to calculate such with your own electric rate....(my rate is 14c kwh)
a typical titan for example is say 325mh at 1,250 watts (using gen tarkin energy saving firmware 3rd part software) as an example
www.litcoinpool.org/calc
You don't have to be part of the above pool to use their LTC calculator.
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