Crypto Mining Difficulty 101 – Everything You Need to Know

Published on July 24, 2021

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In this video, I attempt to describe how crypto mining difficulty works and how it affects profitability. I also crunch some numbers to show alternative methods for determining profits based on individual hashrate and pool combined hashrate.

Helpful Difficulty & Luck Articles:
http://www.itpro.co.uk/digital-currency/30249/what-is-cryptocurrency-mining

https://2miners.com/blog/mining-mining-luck/

https://www.bitcoinmining.com/what-is-bitcoin-mining-difficulty/

A special thanks to my Patreons:
Robert Savilonis (since Feb. 2018)
Jon Biggs (since Feb. 2018)
Milko Medero (since Mar. 2018)

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Watch my tutorial on how to set it up:
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Other helpful websites:
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ETN: etnk1VBUHGA4RHxUPmc3Q43UaaoRvfero6USYBiZejkDSsvx42nBmtZAoKnux3WN7pd38qHsxVse6XQLRa4YfnmdA75CY1SB72
BTC: 1JhgmwdQ4SLjPVbvKKHg2NyRrQUmFkZMwz
BTCP: b1NDj9GifnJwAD4DfSHZmjLvakTYmBcGC1h
LTC: LdtBYEPS3xzV1iMNaeeQ6maTGX3KcxrTaR
ETH: 0x1B06d92E01b33E20461a7eD379641877bb53AB20

LUX: LV4eCbd8f4j1y6VxHd9VPMs82mu6Zam8XG

Music from audioblocks.com: http://audioblocks.refr.cc/ZFW24KF

Please like this video if you find it helpful; leave comments below to tell me what you think. Thanks! Happy investing and God bless.

Disclaimer: I am not a financial adviser. Please do all of your own research. I am not responsible for any damage done to your computer. I am not responsible for decisions you make regarding how you spend your own time or money. I am simply a hobby miner who likes to share knowledge.

Does All Blockchain Require Mining

Does All Blockchain Require Mining, Crypto Mining Difficulty 101 – Everything You Need to Know.

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