Post
Topic
Board Mining speculation
Re: Will the difficulty of mining keep on going up forever?
by
philipma1957
on 17/12/2014, 19:36:45 UTC
Difficulty will keep going up forever but at a slower pace. I believe we would see a drop when after the bitcoin halving..

That isn't actually true according to what I have read.  It fluctuates according to how many blocks are found at a given speed.  So if blocks are not being found fast enough,  the difficulty will actually decrease to make it so that blocks are found more easily, I believe the time they try is every 10 minutes, someone can please correct me if I am wrong though.


the new question should be, will the difficulty will keep going up down forever ?

The question to be asked will the GAW-ZEN-PAYCOIN GROUP destroy or damage bitcoin as much as they did to LTC

If they succeed with the tactics and methods they used against lite coin they will surprise me. I would say they could be

A) good for us all
B) bad for us all
C) somewhere in the middle _______________________ this is my best guess.  they hang around do okay and bleed off some bitcoin users.  thus rates stay okay  for btc