Post
Topic
Board Bitcoin Discussion
Re: Increasing Bitcoin supply
by
kimochidesh
on 14/01/2018, 09:49:52 UTC
I am asking this question for my knowledge as I don't know the real fact as a newbie, We know that Bitcoin has limited supply compare to new altercoins, As the supply is not too big, Bitcoin price has become very high, My question is ,Is it impossible to increase the bitcoin supply mining new bitcoins further more ?  Thanks in advance

It is not possible to Mine BTC faster as there is fixed block size and time. Usually, it takes 10 min to mine a block and time can't be acceded or decreased as Hash rate adjust itself accordingly so that time of block mining remains roughly the same. This the beauty of this technology and Where supply, as well as time of mining, is limited.