Post
Topic
Board Bitcoin Discussion
Re: Big drop in hashrate
by
squatter
on 27/09/2019, 19:20:15 UTC
Not sure what you are getting at. Are you saying you think the number of blocks on any given day has no impact on the difficulty?

The block interval follows a Poisson distribution. That's why on rare occasion, no blocks will be found at all for a couple hours. The distribution evens out over time, tending back towards the 10-minute target interval.

A single 24-hour period can follow the same dynamic, with the distribution being smoothed out over the 2016-block difficulty adjustment period. Focusing too much on the short term can lead to some pretty drastic miscalculations.