Bitcoin network difficulty is a measure of how difficult it is to solve the mathematical problem needed to create a new block in the Bitcoin blockchain network.
This mathematical problem is called “proof of work” (PoW) and is a hash function that converts the input data (the contents of the block) into a set of random bytes. Miners who want to create a new block must find a specific hash, which must start with a certain number of zeros in order for the block to be added to the blockchain.
The difficulty of the Bitcoin network is automatically adjusted every 2016 blocks (approximately every 2 weeks) to ensure a stable average time interval between block creations of 10 minutes. If miners find blocks faster than 10 minutes, the difficulty increases, and if they find blocks slower, it decreases.
The higher the network complexity, the more computing power is required to create a new block, and the more difficult it is to mine Bitcoin. The difficulty of the network also affects the size of the reward for creating a new block, since as the difficulty increases, the block reward also increases to incentivize miners to continue working.
The current difficulty of the Bitcoin network can be found on the website bitinfocharts.com
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