Post
Topic
Board Pools (Altcoins)
Re: [ANN] The First Litecoin PPS Pool (litecoinpool.org)
by
pooler
on 01/06/2019, 13:29:35 UTC
Why is the share value half & the difficulty doubled now?
Cost more to mine than buy LTC with your pool now. Is there an error in the share price listed?

Difficulty periodically adjusts based on the average frequency at which blocks have been solved in the last few days. If more hashing power joins the network, difficulty rises. The value of a share is inversely proportional to network difficulty, so if difficulty rises share value goes down.
Mining is definitely not something for everybody these days. It is only profitable for those who have access to the most efficient mining hardware and, most importantly, cheap electricity.