New Lower Litecoin Difficulty For the Next 3 Days

4 Feb
2014

new-litecoin-difficulty-drop

The Litecoin Difficulty has dropped again slightly – from 3300 down to 2820, 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, LOTO, TIPS and other alternative crypto coins instead of directly mining LTC. The higher profitability of DOGE compared to Litecoin makes it worthwhile to mine DOGE and trade it for LTC and directly mine for Litecoins. Though the difference with the new lower LTC difficulty is not that big as on the previous one, so some people may move back directly mining LTC and thus the next difficulty update will most likely lead to increase.

Bitcoinwisdom is a good place to keep a track on Litecoin difficulty…



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