Mining Difficulty

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Mining Difficulty

What is Mining Difficulty?

Mining difficulty for a given cryptocurrency is determined by how challenging it is to mine a block on a blockchain. A cryptocurrency with a high mining difficulty requires more processing power to authenticate transactions made on a blockchain, a process known as mining.

Bitcoin and other cryptocurrencies employ the cryptocurrency difficulty parameter to maintain a constant average block time despite fluctuations in the network’s hash power. The level of cryptocurrency difficulty matters because it can protect the blockchain network from harmful attacks.

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