How hard it is to mine a new block. Adjusts automatically based on hash rate to maintain consistent block times. Bitcoin's difficulty recalculates every 2,016 blocks (~2 weeks).
How hard it is to mine a new block.
Adjusts automatically based on hash rate to maintain consistent block times.
Bitcoin's difficulty recalculates every 2,016 blocks (~2 weeks).
Understanding this concept is essential for anyone entering the crypto space. It forms the foundation upon which more advanced topics like DeFi, trading, and security are built.