Post
Topic
Board Bitcoin Technical Support
Merits 5 from 2 users
Topic OP
What happens if the hashrate drops by 50% at once?
by
Wronsk
on 28/11/2022, 14:53:38 UTC
⭐ Merited by o_e_l_e_o (4) ,ETFbitcoin (1)
We can imagine a war that causes a global blackout. So if the hash rate drops by 50%, assuming the next BTC difficulty adjustment is in 2000 blocks.
As the hash rate drops by 50%, each block will be mined in 20 minutes instead of 10 minutes. So, if the hash rate drops by 80/90/95%, it is possible that there will never be a new BTC difficulty adjustment because the time to find a nonce matching the current difficulty will increase. If my calculs are correct, for a drop of 95% of hashrate, each blocs will be mined in 200 minutes, so 277 days to reach a difficulty adjustment (considering 2000 blocs remaining).

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