Post
Topic
Board Development & Technical Discussion
Re: why bitcoin mining difficulty is increased?
by
bitcoinmining
on 01/11/2017, 15:51:29 UTC
why bitcoin mining difficulty is increased?

I just want to knows that why the bitcoin mining difficulty level is increased and i am afraid of the life of future miners.Maybe in future the miners electricity will cost more than our rewards because of the difficulty level.

Welcome to the community Smiley You're a little bit late to discover some basic stuff, but it doesn't matter. If you wanna be miner in the future you should know there are lots of altcoins to mine and gain money, BTC is not the only option. And there is a rule which works proper in every single economic situation: 'Always early comers win.'  Grin