Mining Bitcoin or Ethereum is a hard task for your computer. But why? And what does the difficulty have to do with the security of blockchains? Learn all about blockchains, consensus algorithms and why difficulty adjustment is crucial to keep everything operating at an optimal (and safe) level.
? Social
Twitter: https://twitter.com/savjee
Facebook: https://facebook.com/savjee
? Sources
Citations: https://savjee.be/videos/simply-explained/mining-difficulty/
Blog: https://savjee.be
Related Post:
- Cryptocurrency Explained | What is Cryptocurrency? | Cryptocurrency Explained Simply | Simplilearn
- BITCOIN MINING DIFFICULTY EXPLAINED IN 10 MINUTES!
- What is Crypto Mining Difficulty and How it Impacts YOUR Profits – Explained W/ BTC ZenCash ZEC
- Day 38 of Genesis Bitcoin Mining – Mining Litecoin / Mining After Difficulty Increase
- Hashflare Bitcoin Mining | Mining Difficulty – Profitable in the Future?
- I Am Done Mining Ethereum | Difficulty Exploding | Why UBIQ Mining Is More Profitable?
- Electroneum Cloud Mining | Update | Made 1200 ETN | Mining Difficulty Harder | 200 ETN Monthly
- WHAT IS IOTA? – Simply Explained – How Does Iota Work
- Litecoin vs. Bitcoin | Litecoin Simply Explained
- IOTA’s Tangle – Simply Explained
