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All About BTC, LTC, ETH mining spil well spil other alternative crypto currencies
Posts Tagged ‘LTC mining profitability‘
Litecoin Newtork Difficulty Will Soon Decrease a Bit
The last week or so you have very likely seen the Litecoin difficulty enlargening significantly, but now it should get back to a more natural level getting down a bit, however the stable and slow growth may still proceed. The reason for the rapid growth ter the last week wasgoed most likely the CexIO Doubled Prizes for Litecoin Mining promotion that has attracted a lotsbestemming of attention. This has lead to many users switching from various alternative crypto currencies to LTC mining, but now that this promotion is overheen they are getting back to other more profitable coins and pool with automatic profit switching instead of directly mining Litecoin. Another thing that has very likely lead to increase te the difficulty and Litecoin popularity (the spike te LTC price spil well) ter the last few days wasgoed the announcements of for LTC trading te two of the fattest crypto currency exchanges ter China. And then there is of course the Gridseed with their BTC/LTC mining ASIC devices that are selling truly prompt and adding more and more hashrate to LTC and other Scrypt crypto currencies.
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Te the long term wij should be eyeing the price of LTC getting higher and the coin getting more independent from Bitcoin spil it will also become firmer to mine due to the increase ter difficulty. Straks this year wij are expecting other companies that are making Scrypt ASIC devices to also embark shipping more powerful hardware such spil the Five MHS and 25 MHS Alpha Technologies ASIC miners spil well spil the just recently announced 100 MHS Titan ASIC from KnCMiner. Other companies might spil well release products and Gridseed will most likely spil well offerande a more powerful mining solution combining more than Five chips ter a single device. This all will inevitably lead LTC on the same way that BTC has gone already, taking away the coin from the many users mining with GPUs and moving the generation of larger amounts of Litecoins to the serious miners that can invest ter a lotsbestemming of ASIC mining hardware. All of this will bring forward other alternative cryptos that are not based on the Scrypt algorithm spil ASIC devices designed for it will be able to mine all Scrypt coins, so coins with other algorithms may get more popular. GPU miners will very likely budge to coins using Scrypt-Adaptive-Nfactor, SHA-3 Keccak, Scrypt-Jane and other of the many algorithms.
- Ter: Genérico Informatie
- Tags: alternative cryptos, Litecoin (LTC), Litecoin Difficulty, LTC, LTC Difficulty, LTC mining profitability, mining profitability
Fresh Lower Litecoin Difficulty Again For the Next Trio Days
The Litecoin Difficulty has dropped again, this time from 3508 down to 2674 (-23.76%), so the LTC mining profitability is yet again higher than on the previous difficulty. The reason of course are the many users mining for DOGE, MaxCoin, MetisCoin, VertCoin and other alternative crypto coins instead of directly mining LTC. At the ogenblik DOGE profitability is just about 15% higher than directly mining for LTC, so you can very well expect that the next difficulty adjustment for Litecoin will go up and then down again and then up spil the tendency has shown lately. This makes the use of pools such spil LTC Rabbit an interesting alternative than directly going back to mining LTC spil you are still getting payed directly ter Litecoin + some altcoin verzekeringspremie spil an reserve.
- Ter: Crypto News
- Tags: alternative cryptos, DOGE, Litecoin (LTC), Litecoin Difficulty, LTC, LTC Difficulty, LTC mining profitability, LTC Rabbit, Maxcoin, Metiscoin, mining profitability, Vertcoin
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Fresh Higher Litecoin Difficulty For the Next Trio Days
The Litecoin Difficulty has enlargened after ripping off significantly down to 2820 the previous time. The fresh Litecoin difficulty is 3508 and that is an increase with a bit overheen 24% than the previous one. The result is that LTC mining profitability got lower and at the ogenblik alternative crypto mining such spil DOGE coins for example is even more attractive than directly mining for LTC than before. Another interesting crypto coin that recently has generated a lotsbestemming of attention is VertCoin (VTC) spil it is an alternative crypto that does not use the typical Scrypt method, but a modified one and is claimed to be Scrypt ASIC resistant. Protoshares are also another interesting option for GPU mining spil they are also gaining more user rente since the latest adoption of GPU mining spil they were previously mined only with CPU. And for CPU only mining Primecoin (XPM) is still a good choice, tho’ the profitability is not that attractive spil the one of coins that can be mined with GPUs.