Difficulty is a parameter in cryptocurrency networks that serves as a limiter to maintain a consistent average time between blocks, even as the network's hashing power fluctuates. Difficulty adjusts periodically (e.g., every 2016 blocks in Bitcoin) to reflect changes in the total computational power of the network. It ensures block generation remains steady despite increases or decreases in the number of miners or the power of mining equipment.
Stay informed with the latest updates to buy, sell, and store your crypto on the go.
Get the Yellow Card app to buy, sell, and store your crypto on the go.