Neocoin Difficulty Chart
Neocoin Difficulty: 2.81 (2.81)
The Neocoin difficulty chart provides the current Neocoin difficulty (NEC diff) target as well as a historical data graph visualizing Neocoin mining difficulty chart values with NEC 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.
Neocoin Difficulty Increase
The Neocoin Average Difficulty Increase for the last 90 days is 0.00 %
Neocoin Block Difficulty Height
Current Neocoin Difficulty Target
Neocoin Difficulty Algorithm: Scrypt
The Neocoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Neocoin difficulty graph.
Neocoin Difficulty History for the Last 120 Days
|Date||Neocoin Difficulty History|
|No difficulty data for the last 120 days|
What is Neocoin difficulty?
Neocoin 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 Neocoin mining.
Neocoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Neocoin block and earn the mining reward.
As you can see in the Neocoin difficulty chart above, the Neocoin 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 Neocoin 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 NEC mining difficulty increases you earn less mining rewards due to the overall increase in the total Neocoin network hashrate.
Given, the frequent changes in Neocoin difficulty adjustments up and down, use our Neocoin mining calculator to calculate Neocoin mining profits.