Mining Difficulty

Home / Glossary / Mining Difficulty

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.


My Newsletter

Sign Up For Updates & Newsletters