Understanding Mining Difficulty: How It Secures Bitcoin & Ethereum π
Discover what mining difficulty means, why it makes mining challenging, and how it enhances the security of blockchain networks like Bitcoin and Ethereum.

Simply Explained
132.7K views β’ Sep 23, 2019

About this video
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.
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π° Get $10 of free Bitcoin:
Use my Coinbase affiliate link, and we'll both get $10 of free Bitcoin when you deposit $100:
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π Social
Twitter: https://twitter.com/Savjee
Facebook: https://facebook.com/Savjee
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π Newsletter: http://newsletter.savjee.be (no more than once a month)
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Citations: https://savjee.be/videos/simply-explained/mining-difficulty/
Blog: https://savjee.be
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Video Information
Views
132.7K
Likes
3.2K
Duration
5:32
Published
Sep 23, 2019
User Reviews
4.7
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