February 17, 2026, 04:48:42 PM
« previous next »
Pages: [1]

Author Topic: Litecoin Difficulty Increase Imminent  (Read 7276 times)

0 Members and 2 Guests are viewing this topic.

Offline MicroGuy

  • System Admin
  • *****
  • Posts: 3471
  • Karma: +47/-0
  • "Shoot for the Stars!"
    • View Profile
    • MicroGuy.com
Litecoin Difficulty Increase Imminent
« on: June 19, 2013, 03:46:32 PM »
I received a report today from a forum member (and miner) that the difficulty of Litecoin is expected to increase tomorrow. This could mean a lot of mining migration in the coming days as miners turn their rigs to more profitable coins.
Logged
"The heart of any cryptocurrency can be found in the spirit of its community."

Offline Stouse49

  • Gold Engineer
  • DevTeam
  • *****
  • Posts: 711
  • Karma: +66/-0
    • View Profile
Re: Litecoin Difficulty Increase Imminent
« Reply #1 on: June 19, 2013, 09:48:01 PM »
The site http://allchains.info/ contains some information about BTC and LTC, including an estimation of the next difficulty.

In recent weeks, we have seen the BTC difficulty go up 20% each time and before that it was about 10% each time.  That, in my opinion, would drive miners over to LTC and other alts.  Now the next difficulty on LTC may be about a 20% increase, which makes sense if many switched over to it.
Logged
GLD: E1A6WogjpqU3KjjoRUD63f7kofrFozmyfg

Offline Sting17

  • Legendary
  • *****
  • Posts: 120
  • Karma: +16/-0
    • View Profile
Re: Litecoin Difficulty Increase Imminent
« Reply #2 on: June 19, 2013, 10:36:03 PM »
This makes a huge amount of sense. Could bring more miners to GLD, which is needed i think.
Logged
Pages: [1]
« previous next »