Questions tagged [difficulty]

This tag should be used for questions regarding difficulty which encodes the likelihood of one hash to succeed at mining a block. Indirectly, it is a measure of the total hashing power of all miners for a given cryptocurrency.

18 questions with no upvoted or accepted answers
Filter by
Sorted by
Tagged with
3
votes
1answer
2k views

Matching pushpool difficulty with stratum's

I have a new question for you. I have setup the stratum mining proxy, and all is working fine. (Actually found our first block recently!) However, I have pushpool running as well, and some of my ...
2
votes
0answers
37 views

Cant understand how share difficulty affects my chances in solo mining with a pool

So obviously I am not solo mining bitcoin but I think the underlying principles are the same so you guys could help me out here. I am solo mining ergo on a solo pool (herominers solo pool) What I do ...
2
votes
0answers
36 views

Is there an up-to-date professional analysis of different “mining shield” technologies?

E.g. Digishield, Gravity Well etc. As a non-miner, I only hear bits and pieces about these algorithms. Is there a comprehensive resource with details on the history of these algorithsm and relative ...
2
votes
4answers
143 views

What is the meaning of difficulty in Bitcoin mining?

I'm a beginner in Bitcoin and Blockchain technology, so I have a question after reading about the difficulty in Bitcoin mining: What does the difficulty actually mean? I read that A high difficulty ...
1
vote
1answer
70 views

Is there an easy way to estimate the number of mining nodes?

I was curious about the number of mining nodes on the network, yet I haven't seen it discussed. I tried two different approaches to approximate the count of mining nodes. I looked up the hashrate of ...
1
vote
0answers
47 views

How difficult is it to confirm a Bitcoin Block?

If I have done the math right to come up with this hash, to confirm a true block and this is a confirmed hash. You can look it up here Bitcoin Block #570240 ...
1
vote
0answers
294 views

Estimated number of hashes

This is not a duplicate of previous, similar questions I've read on StackExchange, since none of those questions, nor the answers, go into the difficulty theory, as espoused on the Bitcoin Wiki. ...
1
vote
0answers
21 views

What needs to be done inorder to change difficulty?

I'm trying for a while to reduce difficulty of main network to do some experiments on transactions and maybe simulate some possible attacks.I came up to change nBits field in chainparams.cpp but it ...
1
vote
0answers
141 views

How to calculate DGB-Groestl difficulties?

I'm new here. I want to know how mining difficulties are calculated, specifically for DGB-Groestl, which uses Myriad-Groestl algorithm. I might understand how to calculate the Bitcoin difficulties ...
1
vote
0answers
104 views

Is there a chart available for the historical relationship between Bitcoin price vs difficulty?

All I've seen is this, from 2011-would like something more updated, if available. Is there empirical data about a relationship between bitcoin price and difficulty?
1
vote
0answers
128 views

Are there multiple representations of the same target value? Are they interchangable?

The block target in Bitcoin is encoded in block headers as a 24 bit integer raised to an 8 bit exponent: int(nBits[1:4]) * 2 ** (8 * (int(nBits[0]) - 3)) Are there multiple nBits representations of ...
1
vote
1answer
400 views

Why mining pool has different connections ports for different difficulty

In the documentation of mining pool I found following Connect Details: (Difficulty 5 - GPU) stratum+tcp://stratum.btcprivate.org:3032 (Difficulty 10 - GPU Farm) stratum+tcp://stratum....
0
votes
0answers
28 views

Was Bitcoin originally designed to be easy to mine?

I’ve read that back around early 2009, Bitcoin was so easy to mine that an old laptop could mine hundreds of coins in a day by simply using a CPU. Was this Satoshi’s original idea for how people ...
0
votes
1answer
81 views

ELI5: does the number of 0's required in mining for SHA256 over the years strictly increase, or does it depend on how many miners there are?

It is said that to discover a block, the person has to get a SHA256 number that has all 0's for the first 72 bits. Does this number 72 change and become bigger and bigger over the years (say, every 4 ...
0
votes
0answers
24 views

Probability of hash yielding a valid block

I read today in a paper that for BTC every hash has a probability of yielding a valid block and that this is approximated by most of the time. Can someone explain to me how to come up with this ...
0
votes
1answer
1k views

Probability of Finding a Block

I've been using cryptocurrency revenue calculators and have appeared to figure out that for all of the major algorithms, the probability of a hash being valid is 1/(D*2^u) where u is either 0, 13 (...
-1
votes
1answer
186 views

Managing Diff variable on eloipool software

I'm trying to set up a pool of Bitcoin Mining. I use a software program eloipool. https://gitorious.org/bitcoin/eloipool I can not find the configuration file options to force a change of Diff. So ...
-1
votes
1answer
219 views

why wont my hosted (shared) E-Wallet account show my bitcoin balance?

iv transferred 2 bitcoins in to deposit address with a hosted (shared) E-Wallet service. blockchain clearly shows its there but when im in the E-Wallet service its not showing. any know what the ...