In this Excel lesson, you will learn how to insert the Ethereum Network Difficulty Chart.
The difficulty of the Ethereum network is probably an obvious concept to all cryptocurrency miners. Mining Ethereum and BitCoin and other altcoins has its difficulty as it is related to the profits of cryptocurrency miners.
The difficulty of mining cryptocurrencies increases when:
- miners increase their digging power
- new cryptocurrency miners appear
- the source code of cryptocurrencies is changing
Let's see how to visualize the difficulty of mining cryptocurrencies in Excel.
Ethereum data
To create a chart of Ethereum network difficulty, you need to obtain the data from an external source, such as a cryptocurrency data website or API, and then import the data into Excel. Once the data is in Excel, you can create a chart based on that data.
The first thing you need is to get proper data. Here is the link where you can download the csv data.
Open the downloaded csv file in Excel.
Once you have the data in Excel, you need to format it so that it's ready for charting. This might include sorting the data, removing duplicates, and adding labels to the data.
Highlight the A and C columns.
Ethereum chart
Go to the ribbon Insert tab and choose Insert 2D line chart.
Your Ethereum Network Difficulty Graph is ready.
You can customize the appearance of the chart by changing its colors, font styles, and other formatting options. You can also add a title to the chart, axis labels, and a legend.
Now you have the ready eth mining difficulty graph, and you can move on with your personal edits. You may need to add trendline.
Here is the link where you can download this Ethereum data spreadsheet.
Note: The specific steps for obtaining and formatting the data, as well as creating and customizing the chart, will depend on the source of the data and the version of Excel you're using. Additionally, it's important to keep in mind that cryptocurrency data can be volatile and subject to sudden changes, so it's important to regularly update the chart to reflect the most up-to-date information.
Further reading: BitCoin mining calculator Chart with two trendlines How to load deFi cryptocurrencies data Correlation chart