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Bitcoin Forum > Bitcoin > Mining > Mining support > Newbie question - What is DIFFICULTY in cloudmining?
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Author Topic: Newbie question - What is DIFFICULTY in cloudmining?  (Read 1742 times)
nguyenducquy (OP)
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November 13, 2014, 04:30:50 AM
 #1
I just invested in a cloudmining site.
Im kinda new with this, can you explain for me what do these figuers mean?

Quote
39603666252
CURRENT DIFFICULTY

+0.21% in 6 days
NEXT DIFFICULTY
» cloudminr.io Mining so easy we had to make age restriction | 0.0014 BTC / GHs | 0 fees | 7-9% Referral program « [Thread]
SpanishSoldier
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November 13, 2014, 04:34:59 PM
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Quote from: nguyenducquy on November 13, 2014, 04:30:50 AM
I just invested in a cloudmining site.
Im kinda new with this, can you explain for me what do these figuers mean?

Quote
39603666252
CURRENT DIFFICULTY

+0.21% in 6 days
NEXT DIFFICULTY

What is difficulty ? => https://en.bitcoin.it/wiki/Difficulty#What_is_.22difficulty.22.3F

What is the current difficulty ? => http://bitcoindifficulty.com/

How much should I mine at this difficulty ? => https://alloscomp.com/bitcoin/calculator

How much you are actually mining ?

Please report here with the service name u have purchased from, so that we may come to know if they are cheating on u or not.
nguyenducquy (OP)
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November 13, 2014, 04:59:05 PM
 #3
Service site in my signature sir. Thanks for your information Cheesy
» cloudminr.io Mining so easy we had to make age restriction | 0.0014 BTC / GHs | 0 fees | 7-9% Referral program « [Thread]
goozman96
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November 13, 2014, 06:12:19 PM
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Seems like every other day a new cloud mining service is popping up. More competition should mean better deals for consumers though. Smiley
BTC: 19DKtsdGfQyFzNiEze9KuFQrWGiLDvg6F1 | LTC: LbV6UGyjYbVP49NvQFmuAnkADcaFYvNagK | NMC: NDCdMJmTmGH54Cezmo3CwSxAC7grAoZJbj
RocketSingh
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November 13, 2014, 08:22:05 PM
 #5
Quote from: goozman96 on November 13, 2014, 06:12:19 PM
Seems like every other day a new cloud mining service is popping up. More competition should mean better deals for consumers though. Smiley

Yah... competition has brought it down to 0.001 BTC/GHs.
farrukh
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November 17, 2014, 08:20:26 PM
 #6
difficulty means how difficult it is to find a hash .
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