Post
Topic
Board Bitcoin Discussion
Re: Halving = Less Miners = Slower Transactions
by
TKeenan
on 09/07/2016, 16:21:41 UTC
Bottom line is halving is not going to be good news, just watch how the transactions slow down folks
Slow transactions = scares people away
So stupid - it hurts.  Before halving, we have 6MB of transactions every hour.  After halving, we have 6 MB of transactions every hour.  

Where is the slowing?

Could you be more stupid?
ELY5:
The transactions are only confirmed when a block is solved.
At current difficulty, with two miners, the transactions will never get confirmed.
Because a block will never be solved.
Because, with just two miners hashing, it would take many years to solve a block.
You ignorant cunt Smiley
"at current difficulty" - no.  nobody said that.  Difficulty is dynamic.  It goes down too.


You are confused totally.  Such a moron.  Each of these two miners bought all the other mining equipment plus a bunch of new equipment and now they each have 2000 PetaHash.  So the blocktime would actually go to less than 5 minutes at current difficultly.  

Nobody said the difficulty will fail to adjust downward.  Your statement are only true if all miners left in a single difficulty adjustment period.  A constraint to which I don't agree.  

You are the highest level of fucktard there is.