Whats with the trend and 18% plus LTC difficulty drop? Now 7/8/16 23.10% drop? - page 2.

monsanto

legendary

Activity: 1241

Merit: 1005

..like bright metal on a sullen ground.

Quote from: Searing on June 01, 2016, 01:18:45 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

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?

Searing

copper member

Activity: 2898

Merit: 1464

Clueless!

Quote from: jacobmayes94 on June 02, 2016, 01:20:17 PM

KNC has declared bankruptcy, maybe its their farm going bye bye?

Thinking on this it is more likely a big farm with A2's @110mh has pulled them for their big order
Of A4's @ 400mh. Damn scared myself. Want it to be KNC hidden Titan farm though.

jacobmayes94

sr. member

Activity: 364

Merit: 250

KNC has declared bankruptcy, maybe its their farm going bye bye?

Searing

copper member

Activity: 2898

Merit: 1464

Clueless!

Well this is interesting..at the current drop in Litecoin difficulty of 18.83% with 14.7 hours to go. Also at the stated has rate

(now at this time and this $4.63 price point) it also is a 1,091 gh network hash speed.

IN that I started mining with my 1st Titan Nov 8th 2014 (19 months ago) at 1169 gh

Did difficulty REALLY GO TO BEFORE THE HASH RATE I STARTED WITH MY 1ST ORIGINAL PRICED TITAN I STARTED 19 MONTHS AGO?

At https://bitcoinwisdom.com/litecoin/difficulty

I mean what the heck

Anyone on wth is going on? (or conspiracy theories of such?)

Searing

copper member

Activity: 2898

Merit: 1464

Clueless!

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

old thread post below a wondering

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

Topic: Whats with the trend and 18% plus LTC difficulty drop? Now 7/8/16 23.10% drop? - page 2. (Read 1792 times)