2 ms·
> basically converges to "block reward is equal to electricity cost equivalent" the electricity cost falls significantly with the difficulty, see: https://en.b
by gfody 6y ago
> basically converges to "block reward is equal to electricity cost equivalent"
the electricity cost falls significantly with the difficulty, see: https://en.bitcoin.it/wiki/Difficulty https://en.bitcoin.it/wiki/Difficulty
..and: https://breakermag.com/difficulty-adjustment-is-why-bitcoin-will-never-die/ https://breakermag.com/difficulty-adjustment-is-why-bitcoin-...