Bitcoin Forum
June 21, 2024, 07:55:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Correlation between share difficulty and network difficulty  (Read 892 times)
🏰 TradeFortress 🏰 (OP)
Bitcoin Veteran
VIP
Legendary
*
Offline Offline

Activity: 1316
Merit: 1043

👻


View Profile
August 01, 2014, 02:52:38 PM
 #1

What is the correlation between share difficulty and network difficulty?

Is a share difficulty of 5, equal to a block that would be accepted for a network difficulty of 5 (ie, 1 to 1)?
jonnybravo0311
Legendary
*
Offline Offline

Activity: 1344
Merit: 1023


Mine at Jonny's Pool


View Profile WWW
August 01, 2014, 03:01:09 PM
 #2

In a nutshell, yes.  To add a block to the chain, some miner somewhere has produced a share with difficulty of at least the current target (18,736,441,558 right now).  At the end of January last year, that miner would only have had to produce a share with difficulty of at least 2,968,775.

Genesis block (block 0) difficulty: 1
Block 100000 difficulty: 14,484
Block 200000 difficulty: 2,864,140
Block 300000 difficulty: 8,000,872,136
Latest block (313500 at time of posting) difficulty: 18,736,441,558

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!