Mining Difficulty

Mining difficulty is a parameter in blockchain networks, such as Bitcoin, that adjusts the level of complexity for miners to solve mathematical problems required to add new blocks to the blockchain. It is designed to maintain a consistent block generation rate over time. The difficulty adjusts periodically based on the network's computational power. If the mining power increases, the difficulty rises to ensure that blocks are not generated too quickly. Conversely, if mining power decreases, the difficulty lowers to maintain the block generation rate. The purpose of mining difficulty is to regulate the supply of new coins, stabilize block times, and maintain the security and integrity of the blockchain network.