What determines the mining difficulty?

Technology CommunityCategory: BlockchainWhat determines the mining difficulty?
VietMX Staff asked 5 months ago

The block mining difficulty is based on the total hashing power of the network, and is adjusted every two weeks to maintain a steady block production rate of 1 block per 10 minutes. This gives the network time to synchronize and update the blockchain ledger globally, and is crucial to maintain security on the ledger (uncle blocks reduce the security rate of the network because they can become invalid even after they are validated).