Concept

How does bitcoin keep block production on schedule?

chapter 5 / Building the Blockchain

"Anyone can become a miner, so the network’s total computing power can increase as more participants join or acquire faster equipment. Bitcoin automatically measures the network’s combined hashing capacity and adjusts the difficulty of the mathematical puzzle so that blocks continue to be produced at roughly ten-minute intervals. This adjustment also supports a predictable schedule for issuing new bitcoins over the currency’s programmed monetary period."

Related Ideas

How does bitcoin keep block production on schedule? | chapter 5 | Bifalgorithm | Bifalgorithm