Next difficulty estimate litecoin

So hashrate almost doubled in 6 months time!! There are not many coins to which that happend. I agree to the repliers here, stop trolling check your numbers first in a wider view. So most miners with scrypt hardware will stay in LTC. He has nothing better to do besides come to a forum where people make a nice profit every day mining LTC and try to scare people away from free money?

Or that it ran off to mine Cagecoin forever? You are so clueless on this stuff OP. Reading numbers is so hard. Looks like ltc holders are stupid clouns! OP is so wrong, so often. Something wrong with your numbers, cloun. Litecoin difficulty dropping so strong ddr If the previous blocks took more than two weeks to find, the difficulty is reduced. If they took less than two weeks, the difficulty is increased.

The change in difficulty is in proportion to the amount of time over or under two weeks the previous blocks took to find. To find a block, the hash must be less than the target. The offset for difficulty 1 is.

The expected number of hashes we need to calculate to find a block with difficulty D is therefore. That means the hash rate of the network was. At the time of writing, the difficulty is Retrieved from " https: Pages with syntax highlighting errors Technical Vocabulary. Navigation menu Personal tools Create account Log in.

Views Read View source View history. In other languages Polski. This decreased hashpower mining Bitcoin, causing Bitcoin's difficulty to decrease for 2 weeks. If you stay up-to-date with these types of scenarios and mine the more profitable coins Bitcoin Cash in this scenario , you can get extra coins for 2 weeks and sell them immediately for a great return on investment or just HODL them!

Another argument suggesting Bitcoin mining will remain profitable long-term is to look at it from the perspective of large mining operations. If you were a miner running a large setup, and Bitcoin mining was to no longer be profitable, then you'd likely start mining something else that was. If there were no profitable coins for a long period of time, you'd likely have very high operating costs and be forced to shut down your operation eventually.

For a smaller miner running just a few Antminers or some cloud mining, this would be less of an issue. So in theory as long as Bitcoin stays popular and its price continues to increase, if you can get cheap electricity Bitcoin mining should always stay profitable.

This last argument in particular is very speculative, so be aware that for a worst-case scenario if Bitcoin's price was to fall for a long-period of time, even if you had cheap electricity, there's a risk that mining it would no longer be profitable. In June , the reward for Bitcoin mining will half.

This could cause big issues in the long-term as it essentially makes it half as profitable overnight. So if miners are only making a small profit prior to this, they'll then be running at a loss just after it.

At this point open-ended contracts on sites like Genesis Mining will likely no longer be profitable although they might not even last that long.

This site cannot substitute for professional investment or financial advice, or independent factual verification. This guide is provided for general informational purposes only. The group of individuals writing these guides are cryptocurrency enthusiasts and investors, not financial advisors. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can't afford to lose - you should be prepared to sustain a total loss of all invested money. This website is monetised through affiliate links.

Where used, we will disclose this and make no attempt to hide it.