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.
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.
Since the algorithm of btc is getting older, there Needs to be higher difficuty, both in mathematical (logistical grow the form of function is called in german, not quite sure about enlish Terminus) sense and that the value of btc increases!