Bitcoin Difficulty Chart | CoinWarz

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Bitcoins Difficulty Target and Adjustment: Complete Guide

Bitcoins Difficulty Target and Adjustment: Complete Guide submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin's Difficulty Target and Adjustment: Complete Beginner's Guide - Blockonomi

Bitcoin's Difficulty Target and Adjustment: Complete Beginner's Guide - Blockonomi submitted by ulros to fbitcoin [link] [comments]

Bitcoins Difficulty Target and Adjustment: Complete Guide

Bitcoins Difficulty Target and Adjustment: Complete Guide submitted by cryptoallbot to cryptoall [link] [comments]

What is the Difficulty Target? Explaining Bitcoin Target Difficulty

submitted by achainofblocks to CoinBase [link] [comments]

[For Fun] What is the new highest difficulty block ever mined?

Hey everyone, as you guys probably know, the Bitcoin difficulty target is only that... a target. If you hash a value with extra 0s, it still counts... it's just overkill.
I found a great post on Bitcoin talk that discusses the highest difficulty block ever mined and at the time, the difficulty worked out to be valid for difficulty ~36Bn.
The crazy part is that the current difficulty is ~923Bn meaning we currently mine blocks every 10 minutes that are around 30 times as difficult to find as the best block found in the first 2.5 years of all Bitcoin mining... man we've come a long ways.
With that being said - does anyone know what the smallest hash posted for any mined Bitcoin block is currently?
Edit - Cool! as pointed out by Nonce_0000000, You can sort by lowest hash on Blockchair If I'm doing my math correctly, the best block would have an effective difficulty of 67 Quadrillion! or 70,000 times the current difficulty.
submitted by CaptainPatent to Bitcoin [link] [comments]

The EDA on Bitcoin Cash does not break the definition of BTC in Satoshi's whitepaper: "the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour. If they're generated too fast, the difficulty increases."

submitted by cryptorebel to btc [link] [comments]

Bitcoin’s Difficulty Target and Adjustment: Complete Beginner’s Guide

Bitcoin’s Difficulty Target and Adjustment: Complete Beginner’s Guide submitted by leftok to atbitcoin [link] [comments]

Bitcoin’s Difficulty Target and Adjustment: Complete Guide

Bitcoin’s Difficulty Target and Adjustment: Complete Guide submitted by koocer to Bitcoin [link] [comments]

Bitcoin difficulty re-targets after a month of dumps with NASDAQ on the horizon

Bitcoin difficulty re-targets after a month of dumps with NASDAQ on the horizon

https://preview.redd.it/9jau6eqvoa221.png?width=300&format=png&auto=webp&s=542f77d97323c824970e238e975c1ba268b0783c
http://genesisblocknews.com/bitcoin-difficulty-re-targets-after-a-month-of-dumps-with-nasdaq-on-the-horizon/
With any commodity there is the markets side of the equation and there is the real world environment side. Bitcoin has plenty to offer both fields of analysis and the variables influence each other in various ways depending largely on their cumulative effects and projected outcomes.
Due to the heavy downturn in crypto prices in the bear markets, it is currently too expensive for many conventional miners and mining farms to keep operating. Due to high amounts of miner shutting off, the Bitcoin mining difficulty re-target has dropped approx. -22.5% since the start of November. Major mining hardware manufacturer Bitmain announced in September that it will be shipping S15 23TH/S ASIC miners with 7nm architecture in the end of December. A new wave of hardware is being released by other manufacturers that offers higher efficiency. With the next block halving expected in about 18 months, the pressure is on mining companies to improve efficiency and reduce mining costs.
Specialised ASIC mining chips for Bitcoin’s Sha-256 mining algorithm were first developed and sold over 5 years ago. It changed Satoshi Nakamoto’s vision of ‘1 CPU 1 Vote’ into a hardware intensive race to build the best mining devices and lots of them. All these farms mean that the difficulty setting for the algorithm code is way too high for any home user or most early generation ASIC to perform efficiently. The trend of regional centralisation has been playing out, where power sources and cooling costs are the major factors restricting use after initial investment.
Most current generation of mining hardware is becoming commercially non-viable in this scenario and going for sale at discount prices. Much of these pieces are not yet obsolete and can be up-cycled by users in regions with cheap electricity and a low value regional currency. There is an opportunity for redistribution of mining hardware to lower income communities across the world that could help promote decentralisation and self sustainability, but using the main Bitcoin blockchain might be inefficient for them.
If the hardware side of things aren’t what got you into Bitcoins, then it seems that there is a fork happening in the price mechanisms of Bitcoin, where now it is moving into the real and speculative markets for FIAT/BTC and other Cryptocurrency derivatives, which is always expanding.
This week, The Daily Express features an article quoting the NASDAQ media team’s Vice President, Joseph Christinat as saying that Bitcoin futures will begin trading on the NASDAQ next year. He goes on to explain that they have had an interest in this market for the last 5 years, and are keen to push ahead with greater involvement.
Market analysts have continued to be quoted saying that this shows serious adoption by large financial institutions is getting nearer, claiming that the futures contracts will help to protect traders from the risks due to price volatility and network failures. We are told this means that there will be new money moving into the markets soon. All too often this has been true for over a year and will continue to be, but we are not clearly able to see where the money is moving.
This is because the money is not simply buying coins or taking a small position, it is working to make a large position outside of the visible market places for margin trading and thus influence the price more effectively. Currently the shrinking volume and oversupply of coins and exchanges means that OTC trading and physical futures settlement have led quickly to a race to the bottom for bulk prices and broker’s fees.
In this kind of market place, it makes sense for exchanges and liquidity operators themselves to push prices down so long as their total capital asset value is comparable. This leads to algorithmic abuse across multiple public trading platforms to maintain a fixed OTC desk price or futures contract position.
Ultimately this is another move by the mainstream banking tycoons to corner and box in Bitcoin for another round of speculative investment before any real gains can be made in the long term. Speculation is most likely to control the markets until mass adoption can cause genuine sentiment and price growth to occur.
At this time there will be more drama while the legal and financial positions of authority and utilising blockchain assets as an investment and trading tool is tested. Already CBOE and CME in the USA started Bitcoin futures in Dec 2017. In the UK since March this year a physically settled Bitcoin Futures opened at Coinfloor, while Crypto Facilities started trading ETH/USD and LTC/USD futures contracts in May and June respectively, but were already taking XRP futures since October 2016.
Looking at various price cycles for Bitcoin and the major altcoins mentioned above, it seems probable that these platforms may have already received major short bids at critical times to encourage and enable accumulation during periods of capitulation. This is exactly the phase of the boom-bust cycle we are currently following, where the most potential gains can be made from any well measured entry into the market.
The long term question here is that do we need another manipulated system of value exchange which is vulnerable to the same or a whole new set of problems that effect typical currencies? Will speculative trading kill off the intrinsic network value of cryptocurrencies? How can networks evolve to provide a harmonious ecosystem that does not encourage centralisation and allows suitable rewards for an active engagement?
submitted by turtlecane to CryptoCurrency [link] [comments]

aantonop - Bitcoin Q&A: Difficulty targeting and the "death spiral"

aantonop - Bitcoin Q&A: Difficulty targeting and the submitted by Yanlii to cryptovideos [link] [comments]

Bitcoin Unlimited developer: BCC EDA is temporary and will be replaced with a better difficulty targeting algorithm

Bitcoin Unlimited developer: BCC EDA is temporary and will be replaced with a better difficulty targeting algorithm submitted by WalterRothbard to btc [link] [comments]

Is the difficulty target of 2016/2 weeks meant to give miners some time for profits or preparation? /r/Bitcoin

Is the difficulty target of 2016/2 weeks meant to give miners some time for profits or preparation? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

aantonop - Bitcoin Q&A: What is difficulty targeting?

aantonop - Bitcoin Q&A: What is difficulty targeting? submitted by Yanlii to cryptovideos [link] [comments]

Bitcoin basics: What is the difficulty target and how does it adjust itself? (video)

submitted by BitcoinAllBot to BitcoinAllTV [link] [comments]

Bitcoin basics: What is the difficulty target and how does it adjust itself? (video)

Bitcoin basics: What is the difficulty target and how does it adjust itself? (video) submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why did Satoshi set the difficulty re-targeting 2 weeks apart? /r/Bitcoin

Why did Satoshi set the difficulty re-targeting 2 weeks apart? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If we hardfork - is difficulty re-target and slower blocks a problem? /r/Bitcoin

If we hardfork - is difficulty re-target and slower blocks a problem? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Where is the maximum difficulty target specified? /r/Bitcoin

Where is the maximum difficulty target specified? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How to get into mining?

Hi guys. I've made a post on here asking about mining and how to get into it but I've received no replies yet and I'm not sure if I'm being too late or if I'm even allowed to post on this sub. I know there are many different mining pools but I just want to know how to get into mining?
I don't want to use a pool just to get into mining. What can I do, especially when I know that most mining pools are based on scrypt?
Any help is appreciated.
submitted by bitcoinGPT2Bot to SubSimulatorGPT2 [link] [comments]

Bitcoin Target: a website I built to help me understand targets and difficulty

submitted by OrangeredStilton to Bitcoin [link] [comments]

Mining, targets and difficulty: a quick explanation (Bitcoin, but also applies to Dogecoin)

submitted by OrangeredStilton to dogecoin [link] [comments]

Found the reason for BCH hashrate oscillations since halving

Found the reason for BCH hashrate oscillations since halving submitted by keymone to CryptoCurrency [link] [comments]

Bitcoin Q&A: How is the number of zeros in the target hash determined? What is bitcoin difficulty? Bitcoin Difficulty Explained WTF is Difficulty Retargeting in Bitcoin? (ADVANCED!)(avec sous-titres en français) BITCOIN MINING DIFFICULTY EXPLAINED IN 10 MINUTES!

See also Difficulty. The target is a 256-bit number (extremely large) that all Bitcoin clients share. The SHA-256 hash of a block's header must be lower than or equal to the current target for the block to be accepted by the network. The lower the target, the more difficult it is to generate a block.. It's important to realize that block generation is not a long, set problem (like doing a The Bitcoin difficulty chart provides the current Bitcoin difficulty (BTC diff) target as well as a historical data graph visualizing Bitcoin mining difficulty chart values with BTC difficulty adjustments (both increases and decreases) defaulted to today with timeline options of 1 day, 1 week, 1 month, 3 months, 6 months, 1 year, 3 years, and all time Target is a 256-bit number (extremely large) that all Bitcoin clients share. The SHA-256 hash of a block's header must be lower than or equal to the current target for the block to be accepted by the network. The lower the target, the more difficult it is to generate a block.. It's important to realize that block generation is not a long, set problem (like doing a million hashes), but more So I use the difficulty to control the target, and therefore how long it takes for you to generate a winning number. 2. Bitcoin example. The difficulty in bitcoin works in exactly the same way – it’s used to set a target value, and miners keep generating numbers (hashing their candidate blocks) in the hope that they will find a number lower 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. difficulty_1_target can be different for various ways to measure

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Bitcoin Q&A: How is the number of zeros in the target hash determined?

How is the Bitcoin mining difficulty target hash determined? Why are the number of zeros at the beginning of the number used to determine difficulty? How do all the nodes on the network reach the ... Blockchain/Bitcoin for beginners 9: Bitcoin difficulty, target, BITS - all you need to know - Duration: 48:16. Matt Thomas Recommended for you. 48:16. Bitcoin basics: What is the difficulty target and how does it adjust itself? - Duration: 7:12. Keifer Kif 4,486 views. 7:12. What is Crypto Mining Difficulty and How it Impacts YOUR Profits ... Bitcoin reaching the highest hash rate ever, while the mining difficulty is at an all-time high. Chainlink’s spike in price and interest sets the target to the moon. Binance rolling out a crypto ... Bitcoin basics: What is the difficulty target and how does it adjust itself? - Duration: 7:12. Keifer Kif 4,424 views. 7:12. How Bitcoin Works Under the Hood - Duration: 22:25.

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