Bitcoin Forum
June 29, 2024, 03:18:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why do they call it difficulty  (Read 559 times)
jongameson (OP)
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
December 11, 2013, 11:06:14 PM
 #1

Like running a miner is hard  Grin
zubelutte
Full Member
***
Offline Offline

Activity: 129
Merit: 100



View Profile
December 11, 2013, 11:12:44 PM
 #2

Like running a miner is hard  Grin

It is not, but difficulty means how difficult it is to mine Bitcoin now
ajax3592
Full Member
***
Offline Offline

Activity: 210
Merit: 100

Crypto News & Tutorials - Coinramble.com


View Profile
December 11, 2013, 11:14:06 PM
 #3

Like running a miner is hard  Grin
You have to run the same miner for longer durations of time when difficulty is high in order to mine that coin.
Obviously you have to wait wait and wait - lol its difficult! Grin

Crypto news/tutorials >>CoinRamble<<                            >>Netcodepool<<                >>My graphics<<
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1079


Gerald Davis


View Profile
December 11, 2013, 11:18:37 PM
 #4

If you were mining in 2009 and still mining today with the same hashing power the average time to solve a block has increased by a factor of almost one billion.  If that isn't "difficult" then I don't know what is. Smiley

BTW I perform all my hashes by hand so that is a lot of pencils and paper.
deepceleron
Legendary
*
Offline Offline

Activity: 1512
Merit: 1032



View Profile WWW
December 11, 2013, 11:30:47 PM
 #5

If you were mining in 2009 and still mining today with the same hashing power the average time to solve a block has increased by a factor of almost one billion.  If that isn't "difficult" then I don't know what is. Smiley

BTW I perform all my hashes by hand so that is a lot of pencils and paper.
Silly you, I wrote a program on my TI-84 calculator to help me with that. Sure, it takes a few days to make a Merkle tree, but it's better than the old days when we did it by hand.

Mining also has a target, and a probability, if you don't like the word difficulty, as in "the probability that a single block hash meets the current target is 1 in 3901396778050889728".
sealberrder
Member
**
Offline Offline

Activity: 66
Merit: 10


View Profile
December 11, 2013, 11:42:38 PM
 #6

If you were mining in 2009 and still mining today with the same hashing power the average time to solve a block has increased by a factor of almost one billion.  If that isn't "difficult" then I don't know what is. Smiley

BTW I perform all my hashes by hand so that is a lot of pencils and paper.
Silly you, I wrote a program on my TI-84 calculator to help me with that. Sure, it takes a few days to make a Merkle tree, but it's better than the old days when we did it by hand.

Mining also has a target, and a probability, if you don't like the word difficulty, as in "the probability that a single block hash meets the current target is 1 in 3901396778050889728".

You are much more likely to win lottery then Tongue

Fortunatelly computers can solving millions of hashes at once
nahtnam
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000


nahtnam.com


View Profile WWW
December 12, 2013, 12:42:56 AM
 #7

Because its how difficult it is to mine.

buysellbitcoin
Legendary
*
Offline Offline

Activity: 1105
Merit: 1001


https://www.zebpay.com


View Profile WWW
December 12, 2013, 05:20:16 AM
 #8

If you were mining in 2009 and still mining today with the same hashing power the average time to solve a block has increased by a factor of almost one billion.  If that isn't "difficult" then I don't know what is. Smiley

BTW I perform all my hashes by hand so that is a lot of pencils and paper.

Rofl !!!
Are you sure your account is not hacked today mate Smiley

Regards

Download Zebpay Fastest way to Buy / Sell Bitcoins in India
Transaction processing within one working day and best bitcoin rates | Recharge airtime & buy vouchers of Amazon, Flipkart, Domino's at great discounts
PenAndPaper
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
December 12, 2013, 05:53:27 AM
 #9

Becuase it's indicating how much harder is to mine an amount of bitcoins compared with a lower difficulty level.
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!