Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
noobtrader
on 05/12/2014, 02:43:00 UTC
No, difficulty does not correlate with the coins mined but the hashrate.
By doubling the hashrate you could mine more coins in a short period of time till it readjusts

ok thanks

...
but if new coin paid halves, then in effect there will be like doubled difficulty

For each individual miner--yeah.  For the whole network--no.  Only ~half as many coins will be added to Bitcoin every year, ~5% inflation vs ~10%.
(yes, oda, I know, just simpler to explain like this).

wow...
lampchop stop trolling us and actually try to enlighten me... wow... tis is gentlemen !!!

btw thank you lamp chop...


edit :  bullish because 10% inflation vs 5%