Penguincoin Difficulty Chart
Penguincoin Difficulty: 3.77 (3.77)
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The Penguincoin difficulty chart provides the current Penguincoin difficulty (PENG diff) target as well as a historical data graph visualizing Penguincoin mining difficulty chart values with PENG 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.
Penguincoin Difficulty Increase
The Penguincoin Average Difficulty Increase for the last 90 days is 0.00 %
Penguincoin Block Difficulty Height
Current Penguincoin Difficulty Target
Penguincoin Difficulty Algorithm: Scrypt
The Penguincoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Penguincoin difficulty graph.
Penguincoin Difficulty History for the Last 120 Days
|Date||Penguincoin Difficulty History|
|No difficulty data for the last 120 days|
What is Penguincoin difficulty?
Penguincoin 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 Penguincoin mining.
Penguincoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Penguincoin block and earn the mining reward.
As you can see in the Penguincoin difficulty chart above, the Penguincoin 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 Penguincoin 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 PENG mining difficulty increases you earn less mining rewards due to the overall increase in the total Penguincoin network hashrate.
Given, the frequent changes in Penguincoin difficulty adjustments up and down, use our Penguincoin mining calculator to calculate Penguincoin mining profits.