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Posts Tagged ‘Litecoin (LTC)’
Litecoin (LTC) difficulty has gone up again for the next 3 days. After DOGE coin moved past block 100000 and the reward per block was halved and the recent fork on the DOGE network accompanied by panic sell from some users things are finally getting back to normal. What also helped for that was the adjustment of difficulty for the LTC, going up by a bit more than 19% to 3207 has made DOGE much more profitable to mine at the moment. The DOGE difficulty has also decreased a bit, so as soon as the pool you are were mining DOGE has updated their DOGE software you can move back to mining DOGE again. Another good thing with the increase of the DOGE profitability, our new favorite backup pool LTC Rabbit has again started mining alternative cryptos such as DOGE and pays alt coin bonus after a few slow days with only LTC being mined. For the moment the alt coin bonus payed in LTC is small, but it should increase more after the next 4 hour shift is over due to the increase of DOGE profitability. Hopefully things with the recent BTC exchange issues will continue moving in the right direction and we should see the exchange rates for bot LTC and BTC starting to get back to their normal levels.
- Published in: Crypto News
- Related tags: DOGE, DOGE profitability, Litecoin (LTC), Litecoin Difficulty, Litecoin exchange rate, LTC, LTC Difficulty, LTC exchange rate, LTC Rabbit, mining alternative cryptos
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.
- Published 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
The Litecoin Difficulty has increased after dropping significantly down to 2820 the previous time. The new Litecoin difficulty is 3508 and that is an increase with a bit over 24% than the previous one. The result is that LTC mining profitability got lower and at the moment alternative crypto mining such as DOGE coins for example is even more attractive than directly mining for LTC than before. Another interesting crypto coin that recently has generated a lot of attention is VertCoin (VTC) as it is an alternative crypto that does not use the typical Scrypt method, but a modified one and is claimed to be Scrypt ASIC resistant. Protoshares are also another interesting option for GPU mining as they are also gaining more user interest since the recent adoption of GPU mining as they were previously mined only with CPU. And for CPU only mining Primecoin (XPM) is still a good choice, though the profitability is not that attractive as the one of coins that can be mined with GPUs.
- Published in: Crypto News
- Related tags: alternative cryptos, Litecoin (LTC), Litecoin Difficulty, Litecoin profitability, LTC, LTC Difficulty, LTC mining profitability, LTC profitability, mining profitability