2 ms·
The difficulty can adjust downward. If the price goes below miner costs, then some miners quit, difficulty decreases, and remaining miners become profitable aga
by DennisP 6y ago
The difficulty can adjust downward. If the price goes below miner costs, then some miners quit, difficulty decreases, and remaining miners become profitable again. The network keeps going just fine, without needing any changes.
- spiorf 6y agoA 50% hashrate dump right after a difficulty adjustment would result in the next epoch running at half-speed for 4 weeks. Network would keep going, but if would not be "just fine".