Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
Nathan101
on 20/08/2014, 14:48:52 UTC
I know Genesis-mining always try to provide the best service for their customers. But what about the profitability level? Day by day its decreasing?

Declining LTC prices

http://www.ltc-charts.com/period-charts.php?period=ytd&resolution=day&pair=ltc-usd&market=btc-e


And rising difficulty

https://bitcoinwisdom.com/litecoin/difficulty

No big surprise that the payouts are dropping. From my point of view the maximum difficulty is reached for now (as long as there is no new hardware). That would be a good sign. Now let's hope altcoin prices finally recover.
How can you say hat the maximum difficulty is reached ?