3 ms·

I'm not sure I follow, Bitcoins are mined at a rate of one block every 10 mins (on average). The difficulty setting adjusts based on how much processing power i

• eterm 13y ago
  If the difficultly increases after the coins are mined, then it would always be playing catch-up and actually a flood could occur. It is my understanding (but I could be mistaken, there is a lot of FUD around BTC) that someone could in theory mine 500 hashes in a ten minute window then 'retire' having boosted the mining rate. This would not only net them a lot of bitcoins immediately but also restrict others supply of bitcoins. Supply is roughly constant given a slowly increasing mining pool, supply isn't shock resistant.