0

Can anybody explain relations or formulas between share difficulty, target and hashrate?

Thank you.

  • Hi there. To confirm: when you say "share", are you specifically asking about the case for mining pools? – Richard Horrocks Feb 9 '18 at 15:31
  • Yes, I'm talking to miner share and share's difficulty/target. – Andrew Kondratovich Feb 9 '18 at 15:54
0

Let’s have a look at the hashrate and difficulty of a Musicoin blockchain (similar to Ethereum, same as a Dagger Hashimoto algorithm). The values are smaller than you think, so I hope it will be easier for you to understand the idea this way.

Each cryptocurrency network has a “block time” parameter. In Musicoin the block time is 15 seconds. Let’s assume that all miners around the world are solving a big puzzle. Each piece is called a block.

A musicoin block is found every 15 seconds in an ideal world. But this is not the case, so sometimes it could be 1 second or even 1 minute. However, the average block time is 15 seconds.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.