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Understanding Bitcoin's Difficulty Adjustment

Understanding Bitcoin's Difficulty Adjustment

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 In this episode, we dive into the intriguing world of Bitcoin's difficulty adjustment. Discover what it is and why it plays a vital role in maintaining the stability of the Bitcoin network. You'll learn how miners use powerful computers to solve complex puzzles, and how the Bitcoin network keeps its block discovery time at about 10 minutes through smart adjustments made every two weeks. This episode unpacks how these changes help keep mining fair and accessible, just like a thermostat managing a comfortable temperature. Tune in to understand this essential aspect of Bitcoin and its impact on the mining ecosystem. Visit PodSights.ai to create your own podcast on any topic.

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