Globalcoin Difficulty Chart
Globalcoin Difficulty: 3.44 K (3,441.60)
The Globalcoin difficulty chart provides the current Globalcoin difficulty (GLC diff) target as well as a historical data graph visualizing Globalcoin mining difficulty chart values with GLC 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.
Globalcoin Difficulty Increase
The Globalcoin Average Difficulty Increase for the last 90 days is 0.00 %
Globalcoin Block Difficulty Height
Current Globalcoin Difficulty Target
Globalcoin Difficulty Algorithm: Scrypt
The Globalcoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Globalcoin difficulty graph.
Globalcoin Difficulty History for the Last 120 Days
|Date||Globalcoin Difficulty History|
What is Globalcoin difficulty?
Globalcoin 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 Globalcoin mining.
Globalcoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Globalcoin block and earn the mining reward.
As you can see in the Globalcoin difficulty chart above, the Globalcoin 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 Globalcoin 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 GLC mining difficulty increases you earn less mining rewards due to the overall increase in the total Globalcoin network hashrate.
Given, the frequent changes in Globalcoin difficulty adjustments up and down, use our Globalcoin mining calculator to calculate Globalcoin mining profits.