litecoin difficulty went up

Litecoin Mining Calculator Litecoin Mining Calculator Hashrate: MH/s GH/s Difficulty: k Block Reward: LTC {{coinSymbol}} Price: USD RUB UAH VND EUR CAD RSD HKD GBP JPY AUD CNY Power: W kW Power Cost: {{ currency }} / kWh Pool Fee % Reject Rate: % Diff Change k / Month Live Stats: Profits At This Difficulty Period {{coinSymbol}} {{currency}} Power Cost ({{currency}}) Profit ({{currency}}) Hourly {{values[0][0]|number:2}} {{values[1][0]|currency}} {{values[2][0]|currency}} {{values[3][0]|currency}} Daily {{values[0][1]|number:2}} {{values[1][1]|currency}} {{values[2][1]|currency}} {{values[3][1]|currency}} Weekly {{values[0][2]|number:2}} {{values[1][2]|currency}} {{values[2][2]|currency}} {{values[3][2]|currency}} Monthly {{values[0][3]|number:2}} {{values[1][3]|currency}} {{values[2][3]|currency}} {{values[3][3]|currency}} Save Configuration Enter hashrate data for responsive chart!

Enter hashrate data for responsive chart!Estimated Future {{coinSymbol}} GeneratedEstimated Total Future Profits ({{currency}})Total Future Power Costs ({{currency}}) Estimated Future {{currency}} GeneratedEstimated Total Future Profits ({{currency}})Total Future Power Costs ({{currency}}) Coins Generated Total Profits Power Costs Notes Diff Change value is very large.
bitcointalk 42 coinFuture profitability estimates may be inaccurate.
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Send me an email, link below!To save your configurations, simply bookmark the page you are on currently (Ctrl + D) or save the URL below!Litecoin has pumped hard in the past, and last two times retraced the whole pump and even more during a LONG bleeding period.
bitcoin dövizA month ago, found support at the bottom coupled with a longterm reversal zone.
bitcoin ervaringThere it found strenght to bounce and break a +300 day downtrend.We can see is facing now a strong from week candle close straight to the current previous week (27th march to 2nd april) close.We can also see is now at a strong (0.0072-0.0082) where has reversed against several times, or has at least found difficulties to cross it.This in the pair is also coupled with a in pair around 9 usd.This is certainly a key level (0.0072-0.0082 ) for and going through it won't be easy.Litecoin should rest at these levels (above or beneath) to give traders and investors enough confidence to trust in a healthy and long-term uptrend.

I see three possible scenarios: Consolidation under between ~0.0077 current and ~0.0059 potential support for a couple or more weeks.Consolidation above and above ~0.0077 potential for a couple or more weeks No stop pump with a huge weekly wick and a close under First two scenarios should lead towards a healthy uptrend after this huge breakout.Last scenario should lead towards a long bleeding period.I personally expect this last scenario to happen: keep pumping this week taking weekly to overbought region, causing a potential huge in high TF charts, then "panic" and weekly close under the .I think this scenario is highly probable because i can feel a lot hype around Litecoin that usually leads to overleverage, that, as we all know, eventually leads to an inevitable crash.Besides we have an altcoin market starting to crash after a month of huge exhuberance.See Bitfinex longs vs shorts here) If this happens i will probably load a short.But right now i hold no position in .

Stay tuned if you want to know my decission.Against this scenario proposed, and supporting a long term set up, we have weekly and monthly crossing up.I would value any long term opinion from you guys, so please leave your charts in comments so we can talk about this.It's spade sellers who REALLY make a killing in a gold rush: It's OVER for graphics card mining New Litecoin hardware means alt miners will ditch their packs If you’ve been mining "low-price Bitcoin wannabe" Litecoins with a rig of graphics cards, now is the time to shuffle them off to eBay – unless you can find a better use for them.Chinese chip manufacturer Innosilicon is now selling its “A2 Terminator”, a 28nm ASIC for mining Litecoins.It follows on the heels of its A1 offering, a Bitcoin ASIC.The A2 is capable of 1.8 mega hashes per second (MH/s) at only 13W power consumption, and Innosilicon configures this to 88MH/s per box performance with a 750W power supply.That means one A2 ASIC will beat the best GPU graphics card in the world by almost twice the performance yet consumes 40 times less power.

All this means nothing, though, if you're spending more on power than you're making on the transactions.Chips and miners are now being sold with chips at $199 each and miners at $12k but this is aimed at resellers who will order at least 20 miners at a time.Innosilicon has beaten rival ASIC-pusher KnC Miner to be the first to ship a Litecoin chip, with the KnC Titian being listed as coming in “Q2/Q3” this year, and costing $5,495 for a 150MH/s box.At the time of writing, Litecoin were trading at $9.85 each but more typically people mining Litecoin exchange them for Bitcoins and arbitrage the difference in the relative growth in complexity of Litecoin and Bitcoin.The arms race from the introduction of Litecoin hardware will soon make graphics card mining uneconomic.We’ve seen exactly the same path taken by Bitcoin, which went from processor mining, to graphics card GPU mining to custom ASICs, and we are now seeing a battle between the manufacturers of Bitcoin ASICs.Litecoin appears to be taking the same route.

People who had been using the GPUs on graphics cards switched to Litecoin when the Bitcoin difficulty made the approach uneconomical.There are other alternative currencies which might have some mileage for graphics cards, but this really does feel like the end of the road for the approach.You thought the BITCOIN market was unstable?Amateur While people keep Bitcoins, they seem more likely to trade Litecoins – which makes the market even more unstable.Bitcoins peaked at over $1,000 a coin but for the past month have been unusually stable at between $450 and $500.This reduces the arbitrage opportunities as the Litecoin difficulty also increases and what is necessary for Litecoin to be economic is a lag between the rate at which Bitcoin and Litecoin difficulty increases coupled with a rise in the value of Bitcoins.Despite Nvidia claiming that it is growth in gaming that has led to its recent better-than-expected fourth quarter results, there must be a significant level of mining in these figures and the move to ASICs can only serve to cool the sales of the very fastest graphics cards.