Neocoin Difficulty Chart
The Neocoin difficulty chart plots a visual representation of the historical Neocoin difficulty target increases and decreases over time up to the current Neocoin block.
NEC Difficulty: 2.81
Neocoin Block Height: 345,309
Current Neocoin Difficulty
The current NEC difficulty is 2.81 at block 345,309, resulting in a Neocoin mining difficulty increase of 0.00% in the last 24 hours.
The Neocoin difficulty chart plots the Neocoin difficulty target over time and the current Neocoin difficulty (NEC diff) target. Including a historical data graph visualizing NEC mining difficulty chart values with Neocoin 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.
Neocoin Difficulty Increase
The NEC mining difficulty increase average in the last 24 hours is 0.00% at block 345,309 on the Neocoin blockchain network. In the last 7 days the Neocoin difficulty increase was 0.00%, with the increase in the last 30 days being 0.00%, and the last 90 days is 0.00%.
Last Neocoin block mined
Neocoin Difficulty Algorithm is Scrypt
The Neocoin difficulty data 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 Level|
|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.