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why is bitcoin mining hard?
Description
Why Is Bitcoin Mining Hard?
Bitcoin mining is hard due to its complex mathematical puzzles and increasing difficulty. Miners compete to solve these puzzles, requiring powerful hardware and high energy consumption. As more miners join, the network adjusts to maintain a steady block time. This ensures security and decentralization.
Notes
Why Is Bitcoin Mining Hard?
Bitcoin mining is hard due to its complex mathematical puzzles and increasing difficulty. Miners compete to solve these puzzles, requiring powerful hardware and high energy consumption. As more miners join, the network adjusts to maintain a steady block time. This ensures security and decentralization.