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Re: Question about pool
Posted: Sun Jul 17, 2016 8:21 pm
by CritterDog
excelerator wrote:CritterDog wrote:Steve Sokolowski wrote:
I replied with another post to point out that it seems almost as if some large miner switched all its hashrate to litecoins. LTC is near all-time lows of profitability, and difficulty just skyrocketed. If that miner was mining these other coins, that might explain why profitability just went up and LTC has more hashrate now.
The rise in litecoin difficulty may be the result of this brand new script miner just released.
http://www.innosilicon.com/html/news/11.html
If that machine was released I'd buy it! The expected ship date for this mythical unit is August or September from the discussion here
https://bitcointalk.org/index.php?topic=1523298.0;all
I'm amazed that people continue to buy pre-orders after all of the problems in the past. There's about ~21GH of pre-order out right now. No indication in the LTC network hashrate to make one believe that the customer's pre-order machines are built and hashing away in a Chinese DC collecting dust in the fans.
I was looking at the trailing month LTC difficulty and it seems to average around 55,000 so it's coming back to where it was this winter/spring.
https://bitcoinwisdom.com/assets/diffic ... 1468797611
Thats what I heard was the retail release date is going to be sep-oct.. But you know the big money will always get the first batches and it would not surprise me if these are up and already running but who knows.. Yes I saw that group buy deal.. I would never just wire that kind of cash and sit back and just hope you get it.. Thats crazy
Re: Question about pool
Posted: Mon Jul 18, 2016 7:58 am
by Steve Sokolowski
excelerator wrote:CritterDog wrote:Steve Sokolowski wrote:
I replied with another post to point out that it seems almost as if some large miner switched all its hashrate to litecoins. LTC is near all-time lows of profitability, and difficulty just skyrocketed. If that miner was mining these other coins, that might explain why profitability just went up and LTC has more hashrate now.
The rise in litecoin difficulty may be the result of this brand new script miner just released.
http://www.innosilicon.com/html/news/11.html
If that machine was released I'd buy it! The expected ship date for this mythical unit is August or September from the discussion here
https://bitcointalk.org/index.php?topic=1523298.0;all
I'm amazed that people continue to buy pre-orders after all of the problems in the past. There's about ~21GH of pre-order out right now. No indication in the LTC network hashrate to make one believe that the customer's pre-order machines are built and hashing away in a Chinese DC collecting dust in the fans.
I was looking at the trailing month LTC difficulty and it seems to average around 55,000 so it's coming back to where it was this winter/spring.
https://bitcoinwisdom.com/assets/diffic ... 1468797611
It would make sense if LTC difficulty was higher in the winter/spring because those are the two coldest seasons. The summer and fall are warmer than the winter/spring, so more people have their miners turned off.
Chris and I have two scrypt miners that we only run from November to April. We would have to use an electric heater in the basement otherwise, and the miners are a way to make back some of the cost of the heating.
Re: Question about pool
Posted: Fri Jul 22, 2016 12:25 pm
by excelerator
LTC difficulty is on the way down again heading towards 45,000.....
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