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Bitcoin Mining Difficulty: Everything You Need to Know

In order to ensure bitcoin blocks are discovered roughly every 10 minutes, an automatic system is in place that adjusts the difficulty depending on how many miners are competing to discover blocks at any given time.

One man, sitting in his office next to the mining rig, using computer for mining bitcoin. (Getty Images)
One man, sitting in his office next to the mining rig, using computer for mining bitcoin. (Getty Images)