Post
Topic
Board Beginners & Help
Re: Mining profitably
by
Gabi
on 08/10/2012, 22:01:39 UTC
Quote
I say that because I don't imagine the developers being ready to increase difficulty/reduce block rewards at a perfect 1:1 ratio against the increase in hash/s
Nonononono. This is totally wrong!

No one increase or decrease the difficulty! There is no one behind bitcoin, there is only MATH. Developers can only watch, that's all what they can do: watch, nothing more.
Difficulty depend on total hashing power  Wink And reward is reduced after a certain number of blocks, roughly the number of blocks found in 4 years