Bitcoin Adjust Difficulty: How It Works and Why It Matters
Bitcoin adjust difficulty is a crucial mechanism in the Bitcoin network that ensures the average time between blocks remains around 10 minutes. This adjustment occurs approximately every two weeks, or every 2016 blocks, based on the total computational power of the network. If more miners join and hash rates increase, the difficulty rises to maintain stability; conversely, if miners leave, the difficulty decreases. This process helps secure the network by preventing rapid block generation and ensuring consistent coin issuance. As a key feature of Bitcoin, this difficulty adjustment supports the decentralized nature and long-term viability of the cryptocurrency.
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