The Difficulty Adjustment (and Target) | Pierre Rochard, Center of Hash E006
Update: 2025-09-02
Description
Pierre Rochard, CEO of the Bitcoin Bond Company, discusses the functional importance of bitcoin’s difficulty target and adjustment, how it works at a technical and practical level, and why it is relevant collectively to the energy consumed by the bitcoin network, transaction finality and the issuance schedule of bitcoin’s fixed supply.
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