Galaxycoin Difficulty Chart
The Galaxycoin difficulty chart plots a visual representation of the historical Galaxycoin difficulty target increases and decreases over time up to the current Galaxycoin block.
GLX Difficulty: 0.75
Galaxycoin Block Height: 406,194
Current Galaxycoin Difficulty
The current GLX difficulty is 0.75 at block 406,194, resulting in a Galaxycoin mining difficulty increase of 0.00% in the last 24 hours.
The Galaxycoin difficulty chart plots the Galaxycoin difficulty target over time and the current Galaxycoin difficulty (GLX diff) target. Including a historical data graph visualizing GLX mining difficulty chart values with Galaxycoin difficulty jumps and adjustments (both increases & 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.
Galaxycoin Difficulty Increase
The GLX mining difficulty increase average in the last 24 hours is 0.00% at block 406,194 on the Galaxycoin blockchain network. In the last 7 days the Galaxycoin difficulty increase was 0.00%, with the increase in the last 30 days being 0.00%, and the last 90 days is 0.00%.
Last Galaxycoin block mined
Galaxycoin Difficulty Algorithm is Scrypt
The Galaxycoin difficulty data levels are calculated using the daily difficulty average data points in the Galaxycoin difficulty graph.
Galaxycoin Difficulty History for the Last 120 Days
|Date||Galaxycoin Difficulty Level|
|No difficulty data for the last 120 days|
What is Galaxycoin difficulty?
Galaxycoin 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 Galaxycoin mining.
Galaxycoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Galaxycoin block and earn the mining reward.
As you can see in the Galaxycoin difficulty chart above, the Galaxycoin 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 Galaxycoin 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 GLX mining difficulty increases you earn less mining rewards due to the overall increase in the total Galaxycoin network hashrate.
Given, the frequent changes in Galaxycoin difficulty adjustments up and down, use our Galaxycoin mining calculator to calculate Galaxycoin mining profits.