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Author Topic: Newbie question - What is DIFFICULTY in cloudmining?  (Read 1680 times)
nguyenducquy
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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?

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CURRENT DIFFICULTY

+0.21% in 6 days
NEXT DIFFICULTY

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SpanishSoldier
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November 13, 2014, 04:34:59 PM
 #2

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.

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nguyenducquy
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November 13, 2014, 04:59:05 PM
 #3

Service site in my signature sir. Thanks for your information Cheesy

goozman96
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November 13, 2014, 06:12:19 PM
 #4

Seems like every other day a new cloud mining service is popping up. More competition should mean better deals for consumers though. Smiley

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RocketSingh
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November 13, 2014, 08:22:05 PM
 #5

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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