Difficulty

Difficulty is a critical parameter in cryptocurrency mining that determines how challenging it is to find a new block. It adjusts periodically to ensure blocks are mined at a consistent rate, despite changes in the network's total computing power. When more miners join the network and the hash rate increases, the difficulty rises to maintain the target block time. Conversely, if miners leave and the hash rate decreases, the difficulty lowers. This balance ensures the stability and security of the blockchain, preventing too rapid or too slow block generation.