Crypto Mining Difficulty 101 - Everything You Need to Know

VIDEO

DESCRIPTION

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/