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what the difficult mean, when you mine?
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Topic: what the difficult mean, when you mine? (Read 511 times)
Amph
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what the difficult mean, when you mine?
April 13, 2013, 09:02:10 PM
#1
i can't understand what the difficulty mean, when you mine, setting this value to high is better?
PStone
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Re: what the difficult mean, when you mine?
April 13, 2013, 10:00:18 PM
#2
Quote from: Amph on April 13, 2013, 09:02:10 PM
i can't understand what the difficulty mean, when you mine, setting this value to high is better?
no, you don't set this.
it's how hard (difficult) it will be to get coins. it gets harder the more other people mine and easier when less other people are mining.
Mike Christ
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Re: what the difficult mean, when you mine?
April 13, 2013, 10:02:43 PM
#3
If you're the only person in the world mining, there's a 100% chance you're going to find the block.
The moment someone else comes online, you're now competing with them to find that block. Depending on your hashing power, you could have an advantage over that person.
Now spread this over every miner ever, and that's why you can't solo mine.
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Kluge
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Re: what the difficult mean, when you mine?
April 13, 2013, 10:03:42 PM
#4
Quote from: Amph on April 13, 2013, 09:02:10 PM
i can't understand what the difficulty mean, when you mine, setting this value to high is better?
Yes.
dja
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Re: what the difficult mean, when you mine?
April 13, 2013, 10:05:15 PM
#5
I think you cant change it as it is determined by the network.
Bitcoin network tries to produce one block in every 10 minutes and the actual time it takes is checked every now and then. If it takes too long the difficulty decreases and so on.
Gabi
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Re: what the difficult mean, when you mine?
April 13, 2013, 10:14:28 PM
#6
Don't confuse the network difficulty with the share difficulty you can set on some pools
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Drazisil
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Re: what the difficult mean, when you mine?
April 13, 2013, 10:58:41 PM
Last edit: April 13, 2013, 11:09:46 PM by Drazisil
#7
Quote from: Gabi on April 13, 2013, 10:14:28 PM
Don't confuse the network difficulty with the
share difficulty you can set on some pools
This is what I thought the OP meant.
I also haven't seen this explained anywhere.
EDIT:
https://en.bitcoin.it/wiki/Difficulty
Thanks to
https://bitcointalk.org/index.php?topic=126798.0
Second EDIT:
Or is this still not related to the pool difficulty?
Amph
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Re: what the difficult mean, when you mine?
April 14, 2013, 08:02:50 AM
#8
yeah i'm speaking about share difficulty, not network
ok i understood now, thank you
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