Cryptocurrency mining isn’t just “digital coin extraction” like BTC - it’s a complex mathematical process where hashrate and network difficulty play a key role. Mining difficulty is a measure of how hard it is to find a new block on the blockchain. In BTC, it is adjusted every 2016 blocks (approximately every 2 weeks).
If blocks are found too quickly → difficulty increases.
If blocks are found too slowly → difficulty decreases.
What affects mining difficulty?
⬆ Higher hashrate → more miners → blocks are found faster → difficulty goes up
⬇ Lower hashrate → fewer miners → blocks take longer → difficulty goes down
Hashrate refers to the total computational power of the equipment connected to the network. It’s measured in:
MH/s (megahashes per second)
TH/s (terahashes per second)
EH/s (exahashes per second) - the scale used by large mining pools
💡 WhitePool recently hit an impressive milestone of 10 EH/s! That’s over 1% of BTC’s total network hashrate - a clear sign of its growing influence among top industry players.
This achievement reflects not only WhiteBIT Mining Pool’s technological strength but also the growing trust from miners worldwide. With its stability, transparency, and competitive conditions, more and more miners are choosing WhitePool.
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