The Bitcoin mining difficulty has registered another positive adjustment today, which has led to the metric setting a new all-time high (ATH).
Bitcoin Mining Difficulty Has Seen Four Consecutive Positive Changes Now
The “mining difficulty” is a feature on the Bitcoin blockchain that controls how hard the miners would find it to hash blocks on the network right now. The metric is measured in terms of how many hashes the miners would need to generate before they can solve the block.
The reason this feature exists at all is that the network intends to keep its block production rate (that is, the rate at which miners go through new blocks) at a constant value.
When the miners increase their computing power (what’s called the “hashrate“), they become faster at solving blocks. To slow them back down to the standard rate, the blockchain simply increases its difficulty in the next scheduled adjustment.
The mining difficulty works in a completely automatic way, with the code that Sato
We współpracy z: https://bitcoinist.com/bitcoin-mining-difficulty-hits-ath-fourth-uplift/
