Lottocoin Difficulty Chart
Lottocoin Difficulty: 1.37 (1.37)
The Lottocoin difficulty chart provides the current Lottocoin difficulty (LOT diff) target as well as a historical data graph visualizing Lottocoin mining difficulty chart values with LOT 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.
Lottocoin Difficulty Increase
The Lottocoin Average Difficulty Increase for the last 90 days is 0.00 %
Lottocoin Block Difficulty Height
Current Lottocoin Difficulty Target
Lottocoin Difficulty Algorithm: Scrypt
The Lottocoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Lottocoin difficulty graph.
Lottocoin Difficulty History for the Last 120 Days
|Date||Lottocoin Difficulty History|
|No difficulty data for the last 120 days|
What is Lottocoin difficulty?
Lottocoin 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 Lottocoin mining.
Lottocoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Lottocoin block and earn the mining reward.
As you can see in the Lottocoin difficulty chart above, the Lottocoin 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 Lottocoin 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 LOT mining difficulty increases you earn less mining rewards due to the overall increase in the total Lottocoin network hashrate.
Given, the frequent changes in Lottocoin difficulty adjustments up and down, use our Lottocoin mining calculator to calculate Lottocoin mining profits.