Correct me if I am wrong: Doesn't the difficulty continue to compound (Go up in numbers)
as more miners and more people are mining? and the more easier it is for these insane hardwares to mine?
I mean.. I might be wrong, but isn't that the theory? The numbers only go up, and won't go down.
as more miners and more people are mining? and the more easier it is for these insane hardwares to mine?
I mean.. I might be wrong, but isn't that the theory? The numbers only go up, and won't go down.
Kind of.... difficulty is a function of network hashpower. So as more machines come online and network hashrate grows, difficulty will continue to rise. If for some reason the new machines start to die off and network hashrate drops, difficulty will go down too, but that doesn't seem very likely
