3 ms·
> If the accelerated price of Bitcoin fails to outstrip the rise in cost, due to public perception, regulation or any other reason then the network will cease v
by tlrobinson 9y ago
> If the accelerated price of Bitcoin fails to outstrip the rise in cost, due to public perception, regulation or any other reason then the network will cease verification and exchange within the network will stop.
The mining “difficulty” automatically adjusts every 2 weeks to always target 10 minute blocks.
If the price drops dramatically it can temporarily slow block creation, especially if a different cryptocurrency (with the same mining algorithm) is more profitable to mine, but it will eventually adjust.