Omnicoin Difficulty Chart
Omnicoin Difficulty: 0.43 (0.43)
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The Omnicoin difficulty chart provides the current Omnicoin difficulty (OMC diff) target as well as a historical data graph visualizing Omnicoin mining difficulty chart values with OMC 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.
Omnicoin Difficulty Increase
The Omnicoin Average Difficulty Increase for the last 90 days is 0.00 %
Omnicoin Block Difficulty Height
Current Omnicoin Difficulty Target
Omnicoin Difficulty Algorithm: Scrypt
The Omnicoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Omnicoin difficulty graph.
Omnicoin Difficulty History for the Last 120 Days
|Date||Omnicoin Difficulty History|
|No difficulty data for the last 120 days|
What is Omnicoin difficulty?
Omnicoin 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 Omnicoin mining.
Omnicoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Omnicoin block and earn the mining reward.
As you can see in the Omnicoin difficulty chart above, the Omnicoin 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 Omnicoin 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 OMC mining difficulty increases you earn less mining rewards due to the overall increase in the total Omnicoin network hashrate.
Given, the frequent changes in Omnicoin difficulty adjustments up and down, use our OMC mining calculator with difficulty to calculate Omnicoin mining profits.