Difficulty: Litecoin Difficulty: 255,206 Estimated Next Difficulty: Adjust time: Hashrate(?): 7,525 GH/s Block Generation Time(?): Updated: Chart Explained The difficulty.After 2016 blocks generated, Litecoin will adjust difficulty to estimated difficulty in order to keep the block generation time at 150 seconds.Difficulty History Date Difficulty Change Hash Rate Jun 24 2017 255,206 7,307 GH/s Jun 20 2017 271,188 7,765 GH/s Jun 17 2017 228,364 6,539 GH/s Jun 14 2017 230,315 6,595 GH/s Jun 11 2017 197,309 5,650 GH/s Jun 06 2017 252,311 7,224 GH/s Jun 03 2017 257,730 7,380 GH/s May 30 2017 241,458 6,914 GH/s May 27 2017 240,940 6,899 GH/s May 23 2017 241,295 6,909 GH/s May 20 2017 224,826 6,437 GH/s May 16 2017 232,424 6,655 GH/s May 13 2017 213,651 6,118 GH/s May 10 2017 189,979 5,440 GH/s May 07 2017 179,054 5,127 GH/s May 04 2017 163,669 4,686 GH/s May 01 2017 125,655 3,598 GH/s Apr 27 2017 146,318 4,190 GH/s Apr 24 2017 131,639 3,769 GH/s Apr 20 2017 132,016 3,780 GH/s Apr 18 2017 102,267 2,928 GH/s Apr 14 2017 93,016 2,663 GH/s Apr 11 2017 91,854 2,630 GH/s Apr 07 2017 102,136 2,924 GH/s Apr 04 2017 92,957 2,662 GH/s Apr 01 2017 87,421 2,503 GH/s Mar 28 2017 89,106 2,551 GH/s Mar 24 2017 94,375 2,702 GH/s Mar 21 2017 89,025 2,549 GH/s Mar 17 2017 93,785 2,685 GH/s Mar 14 2017 87,514 2,506 GH/s Mar 10 2017 88,482 2,534 GH/s Mar 07 2017 89,872 2,573 GH/s Mar 03 2017 98,387 2,817 GH/s Feb 28 2017 99,025 2,835 GH/s Feb 24 2017 92,302 2,643 GH/s Feb 21 2017 99,011 2,835 GH/s Feb 17 2017 95,184 2,725 GH/s Feb 14 2017 92,762 2,656 GH/s Feb 10 2017 98,674 2,825 GH/s Feb 07 2017 96,128 2,752 GH/s Feb 03 2017 102,399 2,932 GH/s Jan 31 2017 98,711 2,826 GH/s Jan 27 2017 99,114 2,838 GH/s Jan 24 2017 96,311 2,758 GH/s Jan 20 2017 95,319 2,729 GH/s Jan 17 2017 88,617 2,537 GH/s Jan 14 2017 83,632 2,395 GH/s Jan 10 2017 74,964 2,146 GH/s

Litecoin (LTC) Hashrate Analysis Post Halving 19, Sep 2015 Charlie Lee, the creator of of the popular alternative crypto currency Litecoin, has posted on Reddit a short and interesting analysis on why a few weeks after the first block reward halving the difficulty and price of LTC has returned to the level it was prior to the event.bitcoin dojBelow you can find his post quoted: After the halving one would expect that either the price will go up or the hashrate must drop.view bitcoin ledgerThis is because mining is designed with a Nash equilibrium of miner profit reaching 0 over time.ethereum javascript walletSo if miners are running at near 0 profit, and suddenly their revenue gets cut in half, miners would need to turn off their machines unless they are willing to mine at a loss.bitcoin como opera

The halving happened, and the price stayed the same.The hashrate dropped a little but then climbed back up pretty quickly to the previous level.berita bitcoin indonesiaThat’s really unexpected, but I think I have an explanation.bitcoin miner rentI talked to some Chineses miners at Scaling Bitcoin and learned something interesting.Most miners have found electricity for free or close to 0 cost.Chinese hydro power plants are sometimes generating too much electricity.That electricity goes to waste if it’s unused.So these plants have either sold the electricity for near 0-cost or they have partnered with miners to give them free electricity for a revenue share.So this makes total sense now.If the electricity is free or close to 0 cost, then there’s no reason for miners to shut down their machines.They make half as much, but still profitable.

These miners have also been asking around at the conference to try to buy old outdated Bitcoin/Litecoin ASICs.With 0-cost electricity, they can keep those machines running and still make money.We considered the possibility that the reason behind was the introduction of newer generation of Scrypt ASIC miners from SFARDS and Innosilicon and the companies making them stacking up on hardware in their own mining data centers.But the possibility of a lot of Asian miners with zero cost to very very very cheap electricity mining with whatever hardware they can get and still profiting also sounds like a good enough reason.If that ends up being the actual reason it presents a bit of a problem for the normal home miners and small mining operations based outside of Asia that still need to pay for electricity and thus have higher cost for mining and smaller to no profit at all… In: General Info Tags: Charlie Lee, Litecoin (LTC), Litecoin block reward halving, Litecoin Difficulty, Litecoin price, Litecoin profitability, LTC, LTC block reward halving, LTC Difficulty, LTC price, LTC profitability Read More (3) Comments Litecoin (LTC) Difficulty Back to Where it Was 11, Sep 2015 After the recent Litecoin (LTC) block reward halving we’ve seen some drop in the total network hashrate and thus difficulty as well as a direct result from the new lower rewards as a result of mining.

The exchange rate of Litecoin did not change much, but with the lower difficulty things were looking like they would balance – smaller reward, but easier to mine.Interestingly enough a few days after the block reward halving the difficulty of LTC has started rising again and has already reached back the level where it was before the halving and it seems that it will continue to rise.This development rises some questions as to what is happening, so that the difficulty is rising and the exchange rate remains the same while the block reward is half of what it was previously.The only reasonable answer would be that somebody is bringing online new generation of more efficient Scrypt ASIC miners, otherwise with old generation hardware a lot of people would be mining LTC at a loss.There are not that many options available, probably SFARDS is stacking up their new SF100 miners for own use in a data center or maybe Innosilicon is ready with their next generation of Scrypt ASIC chips and are doing the same… In: General Info Tags: Litecoin (LTC), Litecoin block reward halving, Litecoin Difficulty, Litecoin price, Litecoin profitability, LTC, LTC block reward halving, LTC Difficulty, LTC price, LTC profitability Read More No Comments What You Can Currently Earn Mining Bitcoin and Litecoin 9, Dec 2014 Lately we are seeing an interesting development in the world of BTC and LTC mining, there is a rapid increase in the difficulty and network hashrate of Litecoin even though the price is not that high.

With Bitcoin we are seeing a slight drop in the network hashrate and difficulty, and the prognosis for the next adjustment is also for a decrease in the hashrate and difficulty.While we are expecting LTC difficulty to continue to rise with more ASIC miners getting introduced on the market, we are kind of surprised to see the slight drop for BTC.The reason for that is probably the old mining hardware that is getting too expensive to run with the current low exchange rate for Bitcoin and is taken offline.Below we are going to take a look at some common hashrate amounts for both BTC and LTC and see what you can currently mine with them in the form of USD at the current level of difficulty and at the current exchange rates.Do note that the below numbers represent the estimated daily coins that you might be able to mine and there are no expenses calculated for electricity.Bitcoin: 10 GHS – 0.04339 USD/day 100 GHS – 0.4339 USD/day 1 THS – 4.339 USD/day 10 THS – 43.4 USD/day 100 THS – 433.9 USD/day 1 PHS – 4339 USD/day Litecoin: 1 MHS – 0.0676 USD/day 10 MHS – 0.676 USD/day 100 MHS – 6.76 USD/day 1 GHS – 67.6 USD/day 10 GHS – 676 USD/day 100 GHS – 6760 USD/day Here is how things look in terms of an average cost for electricity that you would have to pay for a certain hashrate for both BTC and LTC to get an idea about the costs associated with running an ASIC miner for mining Bitcoin or Litecoin.

You would need to deduct these costs from the numbers above as they represent only what you will be mining if converted with the current exchange rate.Do note that the average price per KHW of power can greatly vary based on your location, so the costs can vary quite a bit, so the numbers below are just a rough estimate.We base the power usage estimate for BTC using 1000 GHS at 800W as per Bitmain AntMiner C1 specifications (0.8 Watt/GHS) and for LTC using the 100 MHS at 1100W as per Innosilicon A2 MEGA Terminator specifications (11 Watt/MHS).As an average price in USD of the energy used for the estimated numbers below we are using 13 Cents per Kilowatthour.Electricity costs for hashrate: 1 THS Bitcoin – 2.496 USD/day 100 MHS Litecoin – 3.432 USD/day So the actual daily profit after paying for the electricity with a 1 THS Bitcoin ASIC miner at the moment will get you just about $1.843 USD per day, $55.29 USD per month if the difficulty level remains the same with a miner that can cost you something like 10 times what you can earn in a month.

The actual daily profit after paying for electricity with a 100 MHS Litecoin ASIC miner at the moment will get you about $3.328 per day, $99.84 USD per month with the current conditions with a miner that can cot you about 15 times what you will earn in a month.This makes the mining model of mine now and sell the coins immediately to cover the costs not so attractive at the current exchange rates and if you don’t have more up to date hardware or free electricity there is not much point to continue mining with old hardware.At least in the winter you could take advantage of the heat generated by the miners to save on heating at home for example, or use the cold temperatures outside for better cooling and save on extra electricity costs for properly cooling miners.The idea to mine now and save the coins to sell them later when the exchange rates are more favorable seems more attractive, but it is also riskier, especially for big mining operations that do have significant operational costs.