Author

Topic: what the difficult mean, when you mine? (Read 521 times)

legendary
Activity: 3248
Merit: 1070
April 14, 2013, 03:02:50 AM
#8
yeah i'm speaking about share difficulty, not network

ok i understood now, thank you
newbie
Activity: 11
Merit: 0
April 13, 2013, 05:58:41 PM
#7
Don't confuse the network difficulty with the share difficulty you can set on some pools  Wink



This is what I thought the OP meant. I also haven't seen this explained anywhere.

EDIT:

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

Thanks to https://bitcointalksearch.org/topic/terminology-126798

Second EDIT:

Or is this still not related to the pool difficulty?
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
April 13, 2013, 05:14:28 PM
#6
Don't confuse the network difficulty with the share difficulty you can set on some pools  Wink

dja
newbie
Activity: 7
Merit: 0
April 13, 2013, 05:05:15 PM
#5
I think you cant change it as it is determined by the network.
Bitcoin network tries to produce one block in every 10 minutes and the actual time it takes is checked every now and then. If it takes too long the difficulty decreases and so on.
donator
Activity: 1218
Merit: 1015
April 13, 2013, 05:03:42 PM
#4
i can't understand what the difficulty mean, when you mine, setting this value to high is better?
Yes.
legendary
Activity: 1078
Merit: 1003
April 13, 2013, 05:02:43 PM
#3
If you're the only person in the world mining, there's a 100% chance you're going to find the block.

The moment someone else comes online, you're now competing with them to find that block.  Depending on your hashing power, you could have an advantage over that person.

Now spread this over every miner ever, and that's why you can't solo mine.
newbie
Activity: 11
Merit: 0
April 13, 2013, 05:00:18 PM
#2
i can't understand what the difficulty mean, when you mine, setting this value to high is better?

no, you don't set this.


it's how hard (difficult) it will be to get coins. it gets harder the more other people mine and easier when less other people are mining.
legendary
Activity: 3248
Merit: 1070
April 13, 2013, 04:02:10 PM
#1
i can't understand what the difficulty mean, when you mine, setting this value to high is better?
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