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How is it possible to calculate the block formation time of 10 minutes?
Hello. On the one hand, they say that it will take millions of years to decrypt the hash, given today's power, and on the other hand, they say that the average block formation time is 10 minutes.
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The hash itself is calculated quickly. The problem is that you need to pick it up according to the conditions. For bitcoin, this condition is set by tn complexity. This condition changes about once every two weeks so that the speed of calculating the hash and creating a new block is approximately constant (10 minutes). Thus, the viability of the network is maintained, there will be no distortions if there is a lot of power (roughly speaking, protection against capture, and not only), but there will be no super long waits for a new hash if all the miners leave, the complexity of the calculation will decrease and a few will be able to look for new hashes again. which means it will become profitable and the miners will return.
At the same time, the reward for calculating the hash for the block is periodically reduced, which again is not a problem, since the system is being rebuilt to work through commissions.
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