Bitcoin Forum
November 14, 2024, 12:52:41 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Increasing Hashrate and Decreasing Mining Difficulty This Ways.  (Read 234 times)
Wenbing (OP)
Member
**
Offline Offline

Activity: 532
Merit: 36

There is gold in volatility..


View Profile
May 07, 2020, 06:17:59 AM
 #1

Hashrate versus Mining Difficulty.

Hashrate
Hashrate simply means the speed at which the outputs are computed per second.

This  hashrate is measured in H/S ( harsh per second ). That means the speed at which the computer or mining equipment mines output in the blockchain per second.

The mining equipment used can be either be GPU (graphic processing unit) and CPU(central processing unit). GPU has a high H/s which  increases the probability of profitability of the miner while CPU has a low H/s which decrease the probability of profitability of the miner.

Mining Difficulty
This is how hard it is to mine a block to add to the blockchain network.

From my research, I've been made to understand that hashrate affect the mining difficulty. Low hashrate increases the difficulty while high hashrate decreases the difficulty of mining.

  • s it true that GPU can increase the hashrate? If yes in what ways?

  • How does mining difficulty be reduced?
  • Are mining difficulties of all crypto the different, I suppose yes, but I need further enlightenment about such differences.


▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
mocacinno
Legendary
*
Online Online

Activity: 3570
Merit: 5233


https://merel.mobi => buy facemasks with BTC/LTC


View Profile WWW
May 07, 2020, 06:23:42 AM
 #2

Nope,

First of all, don't mine bitcoin with a CPU or a GPU, only latest gen ASIC's.

Secondly, your own hashrate has very little impact on the difficulty. The difficulty is network-wide and is based on the average time between the blocks during the previous retarget period.
If the combined hashrate of all miners goes up, the average time between the blocks should go down, and during the next retarget the difficulty should go up to make sure the average time between 2 blocks is once again ~10 minutes.


s it true that GPU can increase the hashrate? If yes in what ways?
I have no idear what you mean... A cpu can create x sha256d hashes/s, a gpu y hashes/s and an asic z hashes/s
x<y<z

How does mining difficulty be reduced?
The difficulty will ONLY be reduced at the next retarget, and ONLY if the average time between the block during the last 2016 blocks was > 10 minutes. If you want a lower difficulty, you'll probably have to bribe big miners to turn off all their ASIC's?

Are mining difficulties of all crypto the different, I suppose yes, but I need further enlightenment about such differences.

yes, what is there to say... They all have their own blockchain, so there is no relation between a block found on the bitcoin network and one on the litecoin network (for example), so they each have an average time between their blocks, and a different difficulty

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
odolvlobo
Legendary
*
Offline Offline

Activity: 4494
Merit: 3417



View Profile
May 07, 2020, 09:01:48 AM
 #3

lots and lots of errors ...

I recommend that you read a lot more before you start posting stuff like that. It's all wrong.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
Wenbing (OP)
Member
**
Offline Offline

Activity: 532
Merit: 36

There is gold in volatility..


View Profile
May 07, 2020, 11:02:26 AM
 #4

lots and lots of errors ...

I recommend that you read a lot more before you start posting stuff like that. It's all wrong.

Thanks for the constructive criticism. What specific explanation can you poont to be wrong? In fact, what do you mean by ' it's all wrong.'

Show me and I'll take corrections but your comment is hard and vague to understand.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
odolvlobo
Legendary
*
Offline Offline

Activity: 4494
Merit: 3417



View Profile
May 07, 2020, 05:38:54 PM
Last edit: May 07, 2020, 05:50:12 PM by odolvlobo
 #5

I recommend that you read a lot more before you start posting stuff like that. It's all wrong.
Thanks for the constructive criticism. What specific explanation can you poont to be wrong? In fact, what do you mean by ' it's all wrong.'

Show me and I'll take corrections but your comment is hard and vague to understand.

My point is that you appear to understand less than you think. It would be ore helpful to others if you could understand more before trying to explain it to others.

Hashrate versus Mining Difficulty.

Hashrate
Hashrate simply means the speed at which the outputs are computed per second.

This  hashrate is measured in H/S ( harsh per second ). That means the speed at which the computer or mining equipment mines output in the blockchain per second.


https://en.bitcoin.it/wiki/Hash_per_second

The mining equipment used can be either be GPU (graphic processing unit) and CPU(central processing unit). GPU has a high H/s which  increases the probability of profitability of the miner while CPU has a low H/s which decrease the probability of profitability of the miner.

https://en.bitcoin.it/wiki/Mining#Hardware

Mining Difficulty
This is how hard it is to mine a block to add to the blockchain network.

From my research, I've been made to understand that hashrate affect the mining difficulty. Low hashrate increases the difficulty while high hashrate decreases the difficulty of mining.


https://en.bitcoin.it/wiki/Mining#Difficulty


Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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!