A litecoin mining pool seemingly pulled the plug over the weekend, stoking accusations of theft and fraud.WeMineLTC, according to posts on social media yesterday, closed down their website and shuttered their Twitter account without explanation.Mining is an energy intensive process by which new transactions are added to a blockchain, with new coins minted as a reward.Previous social media posts pointed to a growing host of problems at the mining pool.Last week, a WeMineLTC user took to Reddit and reported that the site had disabled manual payouts, stymying their attempts to withdraw.A post on BitcoinTalk indicates that at least some users began experiencing login issues in late March.One of the older litecoin pools, WeMineLTC had attracted accusations of shady dealing in the past.Back in 2013, users alleged that the pool's operators were misappropriating funds through inflated or fictitious hash rates.At this time, the scale losses by users of the mining pool isn’t clear.One user claimed that at least several miners had lost more than 1,000 LTC apiece – at press time, the price of the digital currency is roughly $29.

"We're 10s of thousands of litecoins at play," the user said.It was only a matter of time until a new conspiracy theory showed up in the cryptocurrency world.Now that litecoin is getting close to activating SegWit, some people are growing concerned.To be more specific, they feel the anti-SegWit pools are increasing their hashpower to continue opposing this solution.It is unclear if that is what is happening, yet it is a worrisome thought.It is evident some of the anti-SegWit LTC mining pools have seen an increase in hashpower.Both and LTC1BTC saw their mining power go up all of a sudden.Considering how this change comes just as litecoin draws close to activating SegWit, there is reason for conspiracy theories.It is unclear if anything malicious is going on, though.Then again, according to some people, there is no coincidence.Litecoin May Not See SegWit Anytime Soon On the one hand, one could speculate there is a financial incentive to block .While Chinese pools do so on the bitcoin network, they have not done so on the LTC network yet.

That situation may come to change, though.If Bitmain aims use AsicBoost of the bitcoin net in the future, blocking SegWit is of the utmost importance.ethereum javaSo far, the company refutes claims of using this technology, though.bitcoin mining crimeWhat is peculiar is how LTC1BTC suddenly increases hashpower to 404 GH/s.ltc bitcoin priceJust a few days ago, that number was much lower.who made litecoinAntpool is now above 200 GH/s as well, which is a minor bump.tien bitcoinThe timing of these changes is rather interesting and will continue to raise a lot of questions.bitcoin api providers

This translates to LTC SegWit supporting dipping to 62.5%, down from over 70% two days ago.bitcoin value gbp chartThe opposition of both pools cannot be ignored, that much is evident.litecoin in the ukDepending on whom you pose the question to, blocking SegWit is either an “attack” or a smart move.bitcoin difficulty 2016The vast majority of the network wants the solution to activate.bitcoin coin ebayHowever, some Chinese pools apparently have a to not allow this to happen.bitcoin fork latest newsStagnating progress for both bitcoin and litecoin is never the right solution, though.bitcoin value by 2018

It is up to individual community members to oppose this development, albeit it will be a costly endeavor.ethereum coin futureIt is not unlikely we may see a UASF for LTC as well in the future.buy litecoin in usaClone this wiki locally This page has moved to: http://litecoin.info/Service_Directory This page is intended for listing any Litecoin-related services, such as exchanges, charts, escrows, online wallets, and other services that provide anything for Litecoin.litecoin pool tutorial= Forums = [http://forum.litecoin.net/ Litecoin.net Forums] - official Litecoin forum [/r/litecoin Litecoin Sub-Reddit] - A Popular Litecoin Sub-Reddit [/ Litecoin Forums] [/ [/ = Block Explorers = [http://explorer.litecoin.net/ explorer.litecoin.net] [/ Litecoin Scout] [ ] [http://testnet-explorer.litecoin.net/ Testnet-Explorer.litecoin.net] = Wallet services = [ ] - Secure online Litecoin wallet.which litecoin pool to join

No fees on deposits and withdrawals [http://address.litecoin.net/ address.litecoin.net] - Client-side Litecoin wallet generator [http://wallet.it.cx/ LiteCoin "instawallet"] - = Charts / Updates = [ CT Path Finder] - trading calculator, optimal exchange sequences [/] - full trade data history, blockchain analytics [ ] - exchange rate vs.what litecoin pool should i joinmany currencies [/ LTC-Charts] - orderbook, long time charts [http://www.cryptocoincharts.info Cryptocoin Charts] - orderbook, long time charts [ CandleSticks/Volume Graphs] - for the BTC-e exchange [/] - Network hashrate charts [ Cryptochart] - LTC Realtime charts [ CoinMarketCap] - Market Capitalization The #litecoin-market channel on freenode IRC chat provides real-time trade information.litecoin pool good

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