Author

Topic: Newbie question - What is DIFFICULTY in cloudmining? (Read 1746 times)

full member
Activity: 196
Merit: 100
difficulty means how difficult it is to find a hash .
legendary
Activity: 1662
Merit: 1050
Seems like every other day a new cloud mining service is popping up. More competition should mean better deals for consumers though. Smiley

Yah... competition has brought it down to 0.001 BTC/GHs.
hero member
Activity: 728
Merit: 500
Seems like every other day a new cloud mining service is popping up. More competition should mean better deals for consumers though. Smiley
full member
Activity: 126
Merit: 100
Service site in my signature sir. Thanks for your information Cheesy
sr. member
Activity: 686
Merit: 255
I just invested in a cloudmining site.
Im kinda new with this, can you explain for me what do these figuers mean?

Quote
39603666252
CURRENT DIFFICULTY

+0.21% in 6 days
NEXT DIFFICULTY

What is difficulty ? => https://en.bitcoin.it/wiki/Difficulty#What_is_.22difficulty.22.3F

What is the current difficulty ? => http://bitcoindifficulty.com/

How much should I mine at this difficulty ? => https://alloscomp.com/bitcoin/calculator

How much you are actually mining ?

Please report here with the service name u have purchased from, so that we may come to know if they are cheating on u or not.
full member
Activity: 126
Merit: 100
I just invested in a cloudmining site.
Im kinda new with this, can you explain for me what do these figuers mean?

Quote
39603666252
CURRENT DIFFICULTY

+0.21% in 6 days
NEXT DIFFICULTY
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