Mining Difficulty
A measure of how difficult it is for proof-of-work miners to find a block hash satisfying the network target.Definition
A measure of how difficult it is for proof-of-work miners to find a block hash satisfying the network target.Why it matters
Bitcoin-specific terms explain the architecture, monetary policy, and transaction model of the first major blockchain network.Related knowledge
- Bitcoin — term
- Mining — term
- Proof of Work — term
- UTXO — term
Canonical knowledge ID:
glossary:mining-difficulty