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Bitcoin mining difficulty looks set to adjust upwards by ~10% in 50 blocks time. #Bitcoin #mining #difficulty #set #adjust #blocks #time
Bitcoin mining issue seems to be established to change upwards by ~10% in 50 blocks time.
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Comments (9)
Can someone please ELI5 why this is significant?
Time wise when is that
This is… extremely normal
10% at that scale – wow
The halving will come sooner that expected. Keep stacking friends.
It has never been harder than now to mine a bitcoin.
It’s the reason they set corn on fire instead of feeding it to people. Keeps the farmers happy
Harder to mine would equate to reduced supply pushing up prices
Does this mean mining as an RTX 3000 series owner it is going to be somewhat profitable again?