Post
Topic
Board Beginners & Help
Re: Some Bitcoin Calculations
by
Track
on 29/06/2011, 00:45:24 UTC
There is a set number of bitcoins, but there is also a system that limits how many bitcoins/hour are given out (difficulty). The more miners there are online, the harder it gets to generate bitcoins. https://en.bitcoin.it/wiki/Difficulty

And why is this? Because hardware keeps getting more powerful?

If so, that would still work well, since you could buy a new graphics card when it's released, then sell it for 75% of its original price when its successor comes out, and have little down time.

Anyone think it's still worth it?

I want to see someone who's actually doing what I plan on doing, with at least 8 GPUs.