Ninjastic
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Board Bitcoin Discussion
Re: But can it last?
by
fc_flumpker
on 13/05/2013, 14:59:47 UTC
Quote from: jabetizo on May 13, 2013, 02:34:52 PM
Quote from: fc_flumpker on May 13, 2013, 02:00:46 PM
1.  Am I wrong that if no one is mining, no transactions get confirmed and nothing moves?

if less people (lower hashrate) mine, the difficulty will go down

OK.  That's an important piece that I missed.