Quote from: Aanuoluwatofunmi on Today at 02:13:14 PM

What you will consider is the bitcoin mining hash rate global distribution we are having, are they adequately enough to evenly satisfy the demands on bitcoin supply, are there currently challenges facing this global hash rate on bitcoin mining, how many countries and geopolitical locations are we having bitcoin miners, are they much enough to satisfy the demand on the required rate, many things had to be considered here before drawing into conclusion.

First, let's talk about your writing and grammar. Your English is not bad but you should improve it, especially grammar that temporarily damages what you want to express. I can guess what you want to discuss but improvement should be made. Wink

Second, you misunderstand about how Bitcoin blockchain works, how difficulty is set up to retarget. Hashrate on the network can rise or fall but difficulty retarget algorithm is always in place to do its task every 2016 blocks (which is about 14 days).

Bitcoin network's Total hash rate (TH/s). Choose all to see how it has risen with time. Then see how Network difficulty adjusted in history with some deep falls.

If you want to discover some reasons behind this (like flood season in China mainland, mining crackdown), explorer in my topic

The history of Bitcoin difficulty adjustment (in percent)

A cool tool for Difficulty estimator is helpful for you to recognize that Bitcoin network can operate fine with either increasing or decreasing total hash rate.