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QnA
3d ago
The difficulty is dynamically set by the network every 2 weeks such that it targets a block every 10 minutes, but because of the completely random nature or proof of work, sometimes we get blocks flowing immediately after one another, and other times we get almost a 60 minute gap between blocks.
If the average time between blocks for a given 2 week mining epoch < 10 minutes, difficulty increases. If the average > 10 minutes, difficulty decreases. Essentially the network is constantly in search oof equilibrium.
If the average time between blocks for a given 2 week mining epoch < 10 minutes, difficulty increases. If the average > 10 minutes, difficulty decreases. Essentially the network is constantly in search oof equilibrium.
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