Litecoin Hashrate historical chart Share:         1 liner log 3 months 6 months year all time Transactions Block Size Sent from addresses Difficulty Hashrate Price in USD Price in BTC Sent in USD Avg.Transaction Fee Median Transaction Fee Block Time Market Capitalization Avg.Transaction Value Median Transaction Value nodes Tweets Active Addresses Top100ToTotal   Raw Values Contact:  | Donations: BTC 13KPgojUhg2Rx92WRJQDZR7vy2vegonHsf  | Advertising  | Privacy Policy / DisclaimerAdvertise with us Ethereum Network Hashrate Chart and Graph Loading chart data...Click on the graphs to see larger versions.Linear axis: The ratio of total work divided by estimate of hashrate at that time.Thus it's the amount of time it would take for an attacker with 100% of the hashrate to rewrite the entire blockchain.Bitcoin’s mining difficulty increased by 16.6 percent over the weekend, signaling that the network’s overall hash rate has also increased by a similar amount over the past two weeks.

The network’s total estimated hash rate has essentially doubled since the middle of October.ethereum coin limitA large chunk of this increase has taken place over the past month, where the hash rate has increased by more than 50 percent.The network hash rate is the total amount of computing power pointed at the Bitcoin network.Pools That Saw Their Share of Total Hashing Power IncreaseIt’s difficult to know where exactly this new hashing power is being deployed, but it is possible to see the differences in mining pools’ shares of the overall hash rate.When comparing the most recently completed difficulty period with a run of 2016 blocks from the middle of October, GBMiners is the pool that saw the largest amount of growth.bitcoin linux minerGBMiners enjoyed an increase of 62 blocks compared to the total set of 2016 blocks from October.bitcoin bible download

Recently, it was found that GBMiners is connected to a Ponzi scheme disguised as a bitcoin cloud mining operation in India.Since October, BTC.TOP has grown from nothing to roughly 3 percent of the network hash rate.bitcoin loan redditBatpool also emerged during this period of time to grab a little over 1 percent of the network.bitcoin fiabilidad Founder and CEO Jiang Zhuo’er is behind BTC.TOP and does not much care for Bitcoin Core’s Segregated Witness improvement.Both GBMiners and BTC.TOP signal support for Bitcoin Unlimited as opposed to Bitcoin Core.bitcoin price rise graphBitcoin Unlimited is software that intends to replace Bitcoin’s 1 MB block size limit with the concept of emergent consensus.At this time, it is unclear if this new digital currency network would be a new version of Bitcoin or an altcoin.In terms of pools signaling for Bitcoin Core’s Segregated Witness improvement, Bitfury saw the largest amount of growth.

The mining pool saw an increase of just under 3 percent between the middle of October and the most recently completed difficulty period.Pools That Saw Their Share of Total Hashing Power DecreaseIf the above mining pools are mining more blocks, then that means someone else must be mining fewer blocks.No miner saw a bigger drop in their share of the network since October than BTCC.BTCC now mines about 35 percent less blocks than they did in October.No other pool came close to BTCC in terms of a loss in their share of the network hash rate, but ViaBTC and Slush Pool also saw notable declines., GoGreenLight and Kano CKPool all saw sizable declines.Hash Rate Continuing to IncreaseAlthough the last difficulty period saw a rather massive increase of 16.6 percent, it appears that hash rate is continuing to be added to the network.At 118 blocks into the current difficulty period, there has already been another estimated 15.25 percent increase in the network hash rate.Judging from the rapidly increasing hash rate, it appears multiple mining pools are receiving shipments of new hardware.

While some predicted Bitcoin could crash and burn as a result of the halving event over the summer, the mining pools were correct in predicting a more positive outcome.As Bitcoin’s total hash rate increases, it becomes more difficult for a motivated adversary to pull off an effective attack on the network.Something is wrong with the Litecoin hashrate distribution.To be more specific, F2Pool currently controls 52.4% of the entire mining hashrate.Earlier today, that number was closer to 56%.It is unclear what is happening exactly, although it seems the situation will be rectified soon.It looks as if someone directed a lot of ASIC mining power to this pool over the past few days.F2Pool is Over the 51% Hashrate Threshold It is never good to see a mining pool control over half of the network hashrate.This would effectively allow to take control of the Litecoin network, if they were inclined to do so.That does not appear to be the case, though.It is still a situation that needs to be addressed sooner rather than later.

Having one pool control the majority of hashrate never bodes well if things are not solved quickly.Luckily, it appears is on the case already.It is unclear what will be done to revert this dominant position, though.The hashrate of F2Pool is dropping slowly, but it will take time to get it below 50%.The pool has always been one of the largest Litecoin mining pools, though.This sudden growth is both unexpected and unprecedented in the Litecoin ecosystem.It is good to see there is no malicious intent to take over the Litecoin ecosystem, though.I'm talking to @f2pool_wangchun about it.— Charlie Lee (@SatoshiLite) June 8, 2017 It is possible the recent value increase of Litecoin attracted a lot of new miners.Even though the LTC price is a bit flat these past few weeks, it is still a profitable cryptocurrency to mine.That is, assuming one has access to both powerful hardware and cheap electricity.Until we know who is responsible for this sudden change in network hashrate, all one can do is speculate.