Phoenixcoin Difficulty Chart

The Phoenixcoin difficulty chart provides the current Phoenixcoin difficulty (PXC diff) target as well as a historical data graph visualizing Phoenixcoin mining difficulty chart values with PXC 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.

The Phoenixcoin difficulty adjustment levels are calculated using the daily difficulty average data points in the Phoenixcoin difficulty graph.

What is Phoenixcoin difficulty?

Phoenixcoin 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 Phoenixcoin mining.

Phoenixcoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Phoenixcoin block and earn the mining reward.

As you can see in the Phoenixcoin difficulty chart above, the Phoenixcoin 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 Phoenixcoin 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 PXC mining difficulty increases you earn less mining rewards due to the overall increase in the total Phoenixcoin network hashrate.

Given, the frequent changes in Phoenixcoin difficulty adjustments up and down, use our Phoenixcoin mining calculator to calculate Phoenixcoin mining profits.