Post
Topic
Board Bitcoin Discussion
Re: What if Bitcoin had 1 minute block time and 1 minute difficulty retarget
by
todiefor17
on 01/06/2021, 16:25:57 UTC
The number of Bitcoins that are constant is 21 million Bitcoins. It takes 6 confirmations per transaction so the block reward and mining difficulty decrease. That is a calculation that I think is reasonable with your conditions. If block times are faster, there will be more transactions and costs can be significantly reduced.