Oh, great, now the network difficulty has just changed again. 3.81G.
22% jump
Shouldnt the Difficulty level out seeing as at the point were it gets so hard no one will bother mining and how would bitcoin work when no computers are there for the transactions?
I bet this is a noob question, but hey im a noob.
If people stopped mining, then difficulty level would go down. This is not likely, as there is current investment in new mining equipment and network hash rate is more likely to keep increasing rather than the other way round. Connections to the network for transactions do not have to be associated with mining, for example if you set up a wallet and bought some BTC without any mining involved.
Cheers