Phrases with «mining difficulty»

Mining difficulty refers to how hard it is to mine or create new units of a cryptocurrency, like Bitcoin. It is a measure of the complexity of the mathematical problems that miners need to solve in order to validate transactions and add them to the blockchain. When the mining difficulty is high, it means it requires more computational power and time to successfully mine new coins. Conversely, if the mining difficulty is low, it is easier and faster to mine new coins. Full definition

Sentences with «mining difficulty»

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