Posted on: 22. March 2018


# Provider of the Month - Passive income through Masternodes
The GetNode Club offers its members a stake in the only ever Masternode pool. to the provider - (

What is meant by the difficulty of a cryptocurrency?

The difficulty of a cryptocurrency refers to its current difficulty in confirming blocks. These blocks are needed to store transactions, because only in this way can new transactions be completed and irrevocably stored.

In order to complete one block, a nonce is required, which corresponds to the current confirmation. Computers have to spend their available computing capacity to solve complex mathematical formulas.

The result of this calculation is also called a nonce. If this nonce is greater than the current confirmation, the block cannot be written using the hash function and the transactions remain unconfirmed.

However, once the nonce is equal to or less than the difficulty, the open transactions are written in a block.

Is the difficulty a constant or a variable?

This confirmation is a variable that adapts to the current computing power. Modern cryptocurrencies particularly rely on high dynamics in adjusting the confirmation, so that it is adjusted after each completed block.

For older cryptocurrencies such as Bitcoin, however, an adjustment only takes place every 14 days, so the changes are more noticeable to the miners. In addition, the current difficulty depends on the computing power in the network, because a high computing capacity corresponds with a high degree of confirmation.

This means that increasing popularity and an increasing willingness to operate mining platforms increases the computing capacity and thus the confrmation within the network.

To have a higher chance of success, more and more miners resort to mining pools or cloud mining architectures, since the available computing power is higher.

Passive income through Masternodes
Editor's recommendation: The Masternode Pool Club GetNode is the only provider of its kind. GetNode allows its members to participate in a unique masternode pool that is already over 100 Bitcoin in size. Through active management of the pool and constant purchase of new masters, GetNode has achieved very good results. So who ever wanted a passive income through Masternodes , here is the change. With a minimum of 1000 Euro or 0.2 Bitcoin a quick start is possible. The deposit can be made via Bitcoin or Euro. The payment is made automatically every two weeks via Bitcoin. We are even invested in GetNode with 1.2 Bitcoin and so far we are very satisfied with the results.

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