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Topic: what is mining difficulty how its increase or decrease? (Read 603 times)

legendary
Activity: 3248
Merit: 1070
the difficulty is now decreasing about -4% negative, you can easily use any online calculator to calculate your profit

60giga hardly do any difference aside from the diff, so you should not be worry about, you're mining peanuts in any case
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
every field need hard working and difficulties , its a long time journey.
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
ceck the  faq on bitcoin wiki
What is "difficulty"?

Difficulty is a measure of how difficult it is to find a hash below a given target.

The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target. Mining pools also have a pool-specific share difficulty setting a lower limit for shares.

https://en.bitcoin.it/wiki/Difficulty


if you have more question about bitcoin, i prefered you to read this article before ask again
https://en.bitcoin.it/wiki/Help:FAQ


you can use this to calculate your profit (like virosaGITS suggestion) :
https://bitcoinwisdom.com/bitcoin/calculator (Full)
legendary
Activity: 1302
Merit: 1068
yesterday i was calculating profit of 60ghs hardware.but i found that someone told me that its also depending on mining difficulty.. but i think its too hard to find it.and now mining going unprofitable for me..help me.

Its not rocket science. If the total network hashrate double, your BTC earning is cut in half and so on. And then you multiply your BTC earning by the BTC value vs your currency of choice.

Here's 2 calculators i use;
https://bitcoinwisdom.com/bitcoin/calculator (Full)
http://www.coinwarz.com/calculators/bitcoin-mining-calculator (Simple)
sr. member
Activity: 322
Merit: 250
i am don(ripper's big daddy).i clean scammers.
yesterday i was calculating profit of 60ghs hardware.but i found that someone told me that its also depending on mining difficulty.. but i think its too hard to find it.and now mining going unprofitable for me..help me.
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