Grandcoin Difficulty Chart
Grandcoin Difficulty: 242.20 (242.20)
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The Grandcoin difficulty chart provides the current Grandcoin difficulty (GDC diff) target as well as a historical data graph visualizing Grandcoin mining difficulty chart values with GDC 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.
Grandcoin Difficulty Increase
The Grandcoin Average Difficulty Increase for the last 90 days is 0.00 %
Grandcoin Block Difficulty Height
Current Grandcoin Difficulty Target
Grandcoin Difficulty Algorithm: Scrypt
The Grandcoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Grandcoin difficulty graph.
Grandcoin Difficulty History for the Last 120 Days
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What is Grandcoin difficulty?
Grandcoin 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 Grandcoin mining.
Grandcoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Grandcoin block and earn the mining reward.
As you can see in the Grandcoin difficulty chart above, the Grandcoin 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 Grandcoin 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 GDC mining difficulty increases you earn less mining rewards due to the overall increase in the total Grandcoin network hashrate.
Given, the frequent changes in Grandcoin difficulty adjustments up and down, use our Grandcoin mining calculator to calculate Grandcoin mining profits.