Novacoin Difficulty Chart
Novacoin Difficulty: 12.45 K (12,451.48)
The Novacoin difficulty chart provides the current Novacoin difficulty (NVC diff) target as well as a historical data graph visualizing Novacoin mining difficulty chart values with NVC 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.
Novacoin Difficulty Increase
The Novacoin Average Difficulty Increase for the last 90 days is 0.00 %
Novacoin Block Difficulty Height
Current Novacoin Difficulty Target
Novacoin Difficulty Algorithm: Scrypt
The Novacoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Novacoin difficulty graph.
Novacoin Difficulty History for the Last 120 Days
|Date||Novacoin Difficulty History|
What is Novacoin difficulty?
Novacoin 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 Novacoin mining.
Novacoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Novacoin block and earn the mining reward.
As you can see in the Novacoin difficulty chart above, the Novacoin 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 Novacoin 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 NVC mining difficulty increases you earn less mining rewards due to the overall increase in the total Novacoin network hashrate.
Given, the frequent changes in Novacoin difficulty adjustments up and down, use our Novacoin mining calculator to calculate Novacoin mining profits.