BancorCoin Difficulty Chart
BancorCoin Difficulty: 7.27 M (7,272,801.45)
The BancorCoin difficulty chart provides the current BancorCoin difficulty (BNCR diff) target as well as a historical data graph visualizing BancorCoin mining difficulty chart values with BNCR 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.
BancorCoin Difficulty Increase
The BancorCoin Average Difficulty Increase for the last 90 days is 0.00 %
BancorCoin Block Difficulty Height
Current BancorCoin Difficulty Target
BancorCoin Difficulty Algorithm: SHA-256
The BancorCoin difficulty adjustment levels are calculated using the daily difficulty average data points in the BancorCoin difficulty graph.
BancorCoin Difficulty History for the Last 120 Days
|Date||BancorCoin Difficulty History|
|No difficulty data for the last 120 days|
What is BancorCoin difficulty?
BancorCoin mining difficulty determines how difficult it will be to mine the next block and this is why it is referred to as the difficulty of BancorCoin mining.
BancorCoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next BancorCoin block and earn the mining reward.
As you can see in the BancorCoin difficulty chart above, the BancorCoin Difficulty makes adjustments often.
Furthermore, the mining difficulty also keeps the block generation in line with the set block time, or the amount of time that should statistically pass between each block.
As more hashing power is added to the BancorCoin mining network, the difficulty must increase to ensure blocks are not being generated too quickly.
In order for the blocks to be generated consistently, the difficulty must be increased or decreased, this is called a difficulty re-target.
On a difficulty re-target block (every block or every number of blocks), the difficulty is increased if the previous blocks where generated faster than the specified block time and decreased if the previous blocks where generated slower than the specified block time.
All that said, given a constant hashrate, when the BNCR mining difficulty increases you earn less mining rewards due to the overall increase in the total BancorCoin network hashrate.
Given, the frequent changes in BancorCoin difficulty adjustments up and down, use our BancorCoin mining calculator to calculate BancorCoin mining profits.