Difficulty is not fixed. It is adjusted automatically by the network protocol so that new blocks are produced at a roughly steady pace, regardless of how much computing power is dedicated to mining at any given time.
Difficulty also reflects the level of competition and security on a network. A persistently high difficulty generally indicates that a large amount of computing power is committed to the chain, which can make certain attacks more costly to attempt. For individual miners, rising difficulty means their share of total network power, rather than raw speed alone, largely determines how often they may find a block. As a result, many participants join mining pools to combine resources and receive more consistent rewards over time.
A temporary block created by a mining node (miner) to add to the blockchain to receive the block rewards.
The term 'difficulty bomb' denotes the increase in mining difficulty in Ethereum, as part of its migration ...
A cryptocurrency created by the pseudonymous developer(s) Satoshi Nakamoto. The first cryptocurrency, initi...