Understanding Mining Difficulty: How It Secures Bitcoin & Ethereum πŸ”’

Discover what mining difficulty means, why it makes mining challenging, and how it enhances the security of blockchain networks like Bitcoin and Ethereum.

Understanding Mining Difficulty: How It Secures Bitcoin & Ethereum πŸ”’
Simply Explained
132.7K views β€’ Sep 23, 2019
Understanding Mining Difficulty: How It Secures Bitcoin & Ethereum πŸ”’

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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Video Information

Views

132.7K

Likes

3.2K

Duration

5:32

Published

Sep 23, 2019

User Reviews

4.7
(26)
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