Next litecoin difficulty change
The difficulty is adjusted every blocks based on the time it took to find the previous blocks. At the desired rate of one block every 2. If the previous blocks took more than 3. If they took less than 3. The change in difficulty is in proportion to the amount of time over or under 3. To find a block, the scrypt hash must be less than the target. The offset for difficulty 1 is. The expected number of hashes we need to calculate to find a block with difficulty D is therefore.
The difficulty is set such that the previous blocks would have been found at the rate of one every 2. That means the hash rate of the network was. At the time of writing, the difficulty is Retrieved from " https: Navigation menu Personal tools Log in Request account. Views Read View source View history. This page was last edited on 12 February , at The value of the mined currency should stay stable or even increase.
So I want to share some information and calculation to help you to find an answer maybe to get into mining or not. There were some heavy increases in the difficulty cause of the massive hashrate increase in the litecoin network over the last weeks.
But Let's do the math for our own equipment with electricity cost:. Now a lot of people get greedy and forget one thing these online calculators mostly miss out, too. As you can see after 14 Month u will be forced to shut down the machine due to the high electricity cost. As you can see based on this calculation you will be in profit but it's not even close to that results of the online mining calculators.
So be careful consider the network could grow really fast cause it's not that mature like the bitcoin network is already with 4 Exahashes. If you want to take the risk you can gain really good.
But be careful and think about the high energy and rising difficulty. If you have any questions concerning mining or pool mining i have interests in that one, too just let me know. If I don't find an answer I am quite sure I can direct you to someone you can give us the answer. Feels good to serve u some content my friend. Usually I join your videos. Everybody should join a daily cup of coffee with Eugene Forrest of Bitcoin and Coffee..
The difficulty is going to explode as bitmain will when deliveries start world wide. I hope they do but let's wait and see.