Tuesday, 11 October 2022

Bitcoin Mining Difficulty Surges to All-Time High, Putting Additional Squeeze on Miners – CoinDesk

Part of the Bitcoin code includes a so-called difficulty adjustment every 2,016 blocks (about every two weeks). The size and direction of the adjustment depends on the total computing power mining bitcoin, and its purpose is to keep block confirmations coming about every 10 minutes.



from Bitcoin – My Blog https://ift.tt/okibWA8
via IFTTT
https://www.coindesk.com/resizer/KJYTXR4CCPnyOwUXhqa0PnhgrjA=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DD6MIOZG7BAQND4ACGPFCGVDNE.jpg
https://stockinvesthub.blogspot.com/2022/10/bitcoin-mining-difficulty-surges-to-all.html

No comments:

Post a Comment

‘There is no such thing as a such factor as a free lunch.’ 4 classes for crypto traders from the FTX collapse – CNBC

Bahamas-based crypto alternate FTX filed for chapter within the U.S. on Nov. 11, 2022, searching for courtroom safety because it appears ...