npub1v9…gsdqv on Nostr: I believe that as difficulty increases, so too does the cost of mining, until it is ...
I believe that as difficulty increases, so too does the cost of mining, until it is no longer profitable to mine. At this point, the difficult adjusts downward until it’s at a point of being profitable (or at least at a point where miners are willing to take losses for some time to beat out competitors)
Published at
2023-02-22 05:27:54Event JSON
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