21 ms·
If mining is too difficult,the difficulty drops, until a single PC is finding every block on schedule. I'll mine, so that won't happen.
by qsucvatz 9y ago
If mining is too difficult,the difficulty drops, until a single PC is finding every block on schedule. I'll mine, so that won't happen.
- nlh 9y agoSo I guess I'd say my point is that you say "I'll mine, so that won't happen" NOW, which is both fair and rational. But let's say tomorrow we discover a critical vulnerability in the bitcoin source that's been overlooked and causes the whole thing to be destabilized and, effectively worthless. Everyone moves on to BTC 2.0 (or whatever the fork is). Will you still mine original BTC? No. Why would you? It'd be a waste of resources.