The target tag has no wiki summary.
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When a difficulty change reaches the upper or lower bound (4x current), what is the implied impact on time per block?
Can someone work out the math that occurs with Bitcoin and Litecoin when the target changes to the hard coded minimum and maximum value, with respect to time?
In other words, if a lot of hashpower is ...
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1answer
37 views
What is the hash-rate of the Bitcoin network that results in the maximum difficulty?
According to https://en.bitcoin.it/wiki/Target the target is a 256-bit number.
As the total hash-rate of the Bitcoin network rises, this number decreases to increase the difficulty. How much hash-rate ...
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1answer
139 views
How is the probability of winning a block calculated from the difficulty?
I have problem finding this. The Bitcoin wiki mentions the probability here, but only with a link to the current value on BlockExplorer.
The wiki page on difficulty doesn't mention the formula for ...
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3answers
103 views
Why not retarget on every block?
Should make things smoother and result in less oscillation. Is there a reason why retargetting is only every 2016 blocks?
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2answers
167 views
What is “difficulty” and how it relates to “target”?
I don't understand what "difficulty" means and how it really relates to "target".
I understand what "target" is - it tells the miners, how small the resulting hash should be. (Basically, how many ...
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1answer
233 views
What is wrong with this C# code that converts a block's bits into a target?
UPDATE: The code in this question works for all test cases (Hurray!) however I don't like how GetCompact uses the Math.Abs function and don't think it's true to the OpenSSL implementation.
Fixing ...
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1answer
152 views
If each miner has a different share difficulty in a PPS pool, how should I calculate and reward the relative effort of each?
For discussion purposes, suppose I have an ASIC miner, several GPUs and a CPU botnet all mining with different difficulties.
When a share is returned to the pool, at what difficulty threshold should ...
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1answer
65 views
Looking for unit testing data for Block.Bits to & from a JSON-RPC string
I'm trying to convert the JSON-RPC result of a Block's compressed bits property into a C# float with the following constraint
//3 bytes mantissa, the leading byte as exponent (where only the 5 ...
