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New Lower Litecoin Difficulty Again For the Next 3 Days
11 Feb2014
The Litecoin Difficulty has dropped again, this time from 3508 down to 2674 (-23.76%), 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, MaxCoin, MetisCoin, VertCoin and other alternative crypto coins instead of directly mining LTC. At the moment DOGE profitability is just about 15% higher than directly mining for LTC, so you can very well expect that the next difficulty adjustment for Litecoin will go up and then down again and then up as the tendency has shown lately. This makes the use of pools such as LTC Rabbit an interesting alternative than directly going back to mining LTC as you are still getting payed directly in Litecoin + some altcoin bonus as an extra.
- Publihsed in: Crypto News
- Related tags: alternative cryptos, DOGE, Litecoin (LTC), Litecoin Difficulty, LTC, LTC Difficulty, LTC mining profitability, LTC Rabbit, Maxcoin, Metiscoin, mining profitability, Vertcoin
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