5 A B C D E F G H I K L M N O P R S T U V W Y Z

Difficulty

What is Difficulty?

In the field of cryptocurrencies, difficulty serves as a measure of how complex/difficult it is to mine individual blocks in the blockchain. A high difficulty rate indicates that mining and the verification of individual transactions in the system require a large amount of computing power.

The higher the hash rate, the higher the mining difficulty. The higher the difficulty, the higher the price of the coin must be for the process to be worthwhile for the miners.