GoldCoin Talk

Alternate Currencies => Altcoin Discussion => Topic started by: MicroGuy on June 19, 2013, 03:46:32 PM

Title: Litecoin Difficulty Increase Imminent
Post by: MicroGuy 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.

Title: Re: Litecoin Difficulty Increase Imminent
Post by: Stouse49 on June 19, 2013, 09:48:01 PM

The site http://allchains.info/ (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.

Title: Re: Litecoin Difficulty Increase Imminent
Post by: Sting17 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.