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Topic
Board Beginners & Help
Re: What happens once mining reward gets cut in half?
by
FreeMoney
on 23/09/2012, 03:23:43 UTC
Processing power is always increasing, according to Moore's Law.
This is a fact.
And Technological Singularity is predicted on ~2045.
http://en.wikipedia.org/wiki/Technological_singularity

Just because technology improves overall doesn't mean an increasing effort will be applied even when the reward for a task shrinks.

Unless the value goes up by a lot or the ASICs actually arrive there will be some downward difficulty adjustment.