Questions on: difficulty - страница 2

The difficulty is adjusted every 2016 blocks by the whole network so as to average the Bitcoin generation to a block every 10 minutes. If the coins were on average generated too fast since the last adjustment, the difficulty is increased, if they wer
You will learn (1) how bitcoin mining works, (2) how to start mining bitcoins, (3) what the best bitcoin mining software is, (4) what the best bitcoin mining hardware is, (5) where to find the best bitcoin mining pools and (6) how to optimize your bi
Well, currently the difficulty is 2,440,643. There will be (difficulty * 2^32) (roughly) hashes per block. So that means there are (2,440,643 * 2^32) hashes that must occur before one block is solved
Actual answer to your question: Nothing protects the stability of bitcoin's value if supercomputers or some other technological breakthrough allows them to be mined at rates we have not anticipated. .
To understand this we should first explain that a block with a high difficulty, let's say D, is also a share of low difficulty d < D, therefore if we find such a block for difficulty D we automatically have a block of difficulty d. This also means
The supply of Bitcoin is increasing at a decreasing rate. The Bitcoin supply curve/algorithm is already baked into the price--today--even though more Bitcoins are coming in the future. If the supply curve just went to infinity (by design) Bitcoin wou
I recently open Bitcoin Pie, a site that compares crypto-currencies. Given the exchange rate in BTC, I would like to add another column that tells "relative mining profitability", regardless of the hardware used. So, if at a given moment, BTC mines a
10 years from now is a long time, and you should expect additional transaction fees by then, plus many more (different) incentives to mine. As of late summer 2013 the ASIC market is saturated in my opinion, and the difficulty spikes will continue to
I'm a newer enthusiast to the world of Bitcoin and Bitcoin mining, but I can try to help answer your questions as best as possible (or more just take a shot in the dark for fun): My guess is that the cause of this slight loss of momentum in the minin