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Author Topic: Correlation between share difficulty and network difficulty  (Read 907 times)
🏰 TradeFortress 🏰 (OP)
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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)?
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August 01, 2014, 03:01:09 PM
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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.
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