Post
Topic
Board Bitcoin Discussion
Re: Debunking the Myth of Precision Timestamps
by
s.matthew.english
on 26/09/2016, 12:11:37 UTC
ah, yeah- true.

I see it here:

What network hash rate results in a given difficulty?
The difficulty is adjusted every 2016 blocks based on the time it took to find the previous 2016 blocks. At the desired rate of one block each 10 minutes, 2016 blocks would take exactly two weeks to find. If the previous 2016 blocks took more than two weeks to find, the difficulty is reduced. If they took less than two weeks, the difficulty is increased. The change in difficulty is in proportion to the amount of time over or under two weeks the previous 2016 blocks took to find.

my mistake.

anyway- thank you for pointing that out to me.

do you know where exactly in the code this function is calculated?