Lycancoin Difficulty
Lycancoin Difficulty Chart
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The Lycancoin difficulty chart plots a visual representation of the historical Lycancoin difficulty target increases and decreases over time up to the current Lycancoin block.
Current Lycancoin Difficulty
The current LYC difficulty is 0.04 at block 379,145, resulting in a Lycancoin mining difficulty increase of 0.00% in the last 24 hours.
0.04
(0.04)
The Lycancoin difficulty chart plots the Lycancoin difficulty target over time and the current Lycancoin difficulty (LYC diff) target. Including a historical data graph visualizing LYC mining difficulty chart values with Lycancoin 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.
Lycancoin Difficulty Increase
The LYC mining difficulty increase average in the last 24 hours is 0.00% at block 379,145 on the Lycancoin blockchain network. In the last 7 days the Lycancoin difficulty increase was 0.00%, with the increase in the last 30 days being 0.00%, and the last 90 days is 0.00%.
0.00%
1 Day
0.00%
7 Days
0.00%
30 Days
0.00%
90 Days
Last Lycancoin block mined
Lycancoin Difficulty Algorithm is Scrypt
The Lycancoin difficulty data levels are calculated using the daily difficulty average data points in the Lycancoin difficulty graph.
Lycancoin Difficulty History for the Last 120 Days
| Date | Lycancoin Difficulty Level |
|---|---|
| No difficulty data for the last 120 days | |
What is Lycancoin difficulty?
Lycancoin 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 Lycancoin mining.
Lycancoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Lycancoin block and earn the mining reward.
As you can see in the Lycancoin difficulty chart above, the Lycancoin 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 Lycancoin 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 LYC mining difficulty increases you earn less mining rewards due to the overall increase in the total Lycancoin network hashrate.
Given, the frequent changes in Lycancoin difficulty adjustments up and down, use our Lycancoin mining calculator to calculate Lycancoin mining profits.