232.36 GNetwork
Difficulty
Real time and historical statistics on Monero network difficulty. The XMR difficulty is adjusted periodically as a function of an average block finding time.
What is Monero difficulty?
Monero difficulty (or network difficulty) is a key value for every cryptocurrency. Monero Network difficulty is the difficulty of a problem that miners must solve to find a block. The more miners are mining Monero the more difficult it is to find the block to be rewarded. What Is Mining?
How is network difficulty measured?
Network difficulty is a value. It shows how many times on average miners should calculate a hash function to find a cryptocurrency block.
- 1 K = 1 000
- 1 M = 1 000 K = 1 000 000
- 1 G = 1 000 M = 1 000 000 K = 1 000 000 000
- 1 T = 1 000 G = 1 000 000 M = 1 000 000 000 K = 1 000 000 000 000
Why does network difficulty change?
Every cryptocurrency has the preset average block find time managed by a network. If the number of miners increases, the network hashrate goes up. The effective block find time becomes lower than the preset value. As a result, the network gradually increases its difficulty, that is, the difficulty of a problem that miners are solving. The network will keep increasing it until the block find time reaches the preset value.Same thing when the number of miners decreases. When miners leave, the network hashrate goes down. Miners need more time to find a block. So the network lowers its difficulty, thus making a problem easier to solve. Network Difficulty and Hashrate Explained.
How Are Network Difficulty and Network Hashrate Related?
Difficulty and hashrate are closely related. If you divide network difficulty by network hashrate, you will get the average block find time of a cryptocurrency block.
FAQs
Current Monero Difficulty
The current XMR difficulty is 234.01 G at block 3,134,910, resulting in a Monero mining difficulty increase of 0.70% in the last 24 hours. The Monero difficulty chart plots the Monero difficulty target over time and the current Monero difficulty (XMR diff) target.
What is the network speed of XMR? ›
Currently, Monero network hashrate is 1.81 GH/s = 1 810 977 134 h/s. Network hashrate is calculated using the current network difficulty, the average block find time set by the cryptocurrency network and/or the effective block find time of the latest blocks.
How long does it take to get 1 XMR? ›
Now, another question you might be interested in is how long it takes to mine one Monero coin? A Monero block is mined every 2 minutes. You already know that the current reward for mining a transaction block is 0.6 XMR. Doing the simple math, 1 XMR is mined every 3 minutes and 20 seconds.
What is the hash rate of the XMR network? ›
The current Monero hashrate is 2.04 GH/s, representing the global Monero network hashrate with a mining difficulty of 244.27 G at block height 3,133,914. View the Monero hashrate chart for current and all time Monero historical hashrates.
What network does XMR use? ›
Monero (/məˈnɛroʊ/; Abbreviation: XMR) is a cryptocurrency which uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories.
How many Monero are left? ›
Monero's current circulating supply is 18.43M XMR out of max supply of 18.20M XMR. The current yearly supply inflation rate is 0.88% meaning 159,956 XMR were created in the last year.
Why is XMR falling? ›
Cryptocurrency exchanges like Binance have come under increasing regulatory pressure to crack down on tokens that enable illegal transactions. Consequently, Binance has opted to delist Monero rather than contend with potential regulatory issues.
How many Monero blocks a day? ›
Monero has an average block time of 2 minutes, meaning that there are approximately 720 blocks per day.
Can you mine 1 Monero a day? ›
Monero is a Proof of Work cryptocurrency that can be miner with computational power from a CPU or GPU. There are currently no ASICs for Monero, which means that anyone with a computer can mine it. Using the formula n = (Network Hashrate) / (720 * Avg Block Reward): n = 14444.4 H/s, or 14.44 kH/s to mine 1 XMR per day.
Is solo mining Monero worth it? ›
Setting Up Monero GUI Wallet Mining
Solo-mining is generally far less profitable than pool mining, unless you get lucky. Because the hashing power of your machine is so low compared to the hashing power of the entire network, the chances of you actually finding and mining a block yourself are incredibly small.
Looking at that, the absolute fastest CPU for Monero's RandomX algorithm, is the AMD EPYC 7502P. And that manages a hashrate of 23.9 kH/s = 23000 H/s. So, you'd be mining (without taking any costs into account) 0.0039 XMR per day. To get 1.0 XMR per day, you'd need 1.0 / 0.0039 = 257 of those CPUs.
What is 10 xmr network confirmations? ›
Monero deposits require 10 confirmations on the blockchain before your Monero is available in Exodus. If your deposit is still pending, you must wait for the transaction to reach at least 10 confirmations on the blockchain confirmed before the Monero is available. Typically, this should not take more than 20 minutes.
What is the max supply of Monero XMR? ›
What is Monero's maximum supply? Monero has a fixed emission rate, not a set maximum supply. Around May 2022, Monero's emission will drop to and permanently remain at 0.3 XMR per minute (0.6 XMR per block). This is approximately 1% inflation for the first year and will approach 0% inflation in future years.
How much is $500 USD to XMR? ›
USD to XMR
Amount | Today at 3:59 am |
---|
50 USD | 0.41 XMR |
100 USD | 0.82 XMR |
500 USD | 4.11 XMR |
1,000 USD | 8.21 XMR |
4 more rows
What is the size of Monero network? ›
How big is the Monero blockchain? The Monero blockchain is always growing so there is no fixed size. As of 2022, the full blockchain is around 140-150GB. A pruned blockchain is about 50GB.
Why is Monero going down? ›
Cryptocurrency exchanges like Binance have come under increasing regulatory pressure to crack down on tokens that enable illegal transactions. Consequently, Binance has opted to delist Monero rather than contend with potential regulatory issues.
What is the current Bitcoin network difficulty? ›
The current Bitcoin hashrate is 570.10 EH/s, representing the global Bitcoin network hashrate with a mining difficulty of 88.10 T at block height 841,739. View the Bitcoin hashrate chart for current and all time Bitcoin historical hashrates.
Why is Monero tanking? ›
Monero (XMR) slumped to an all-time low of 1.8 million after crypto exchange Binance said it will stop listing the privacy token as of Feb. 20. Privacy coins are cryptocurrencies that preserve anonymity by obscuring the flow of money across their networks, making it difficult to determine who sent what to whom.