https://www.eternalbitcoin.co on Nostr: No matter the amount of picks and shovels that are sold, unlike gold, you cannot ...

No matter the amount of picks and shovels that are sold, unlike gold, you cannot simply throw more work at #Bitcoin to make more bitcoin. It gets harder to mine the more work you put to mining it.

quoting nevent1q…r4l8

As computers get faster and the total computing power applied to creating bitcoins increases, the difficulty increases proportionally to keep the total new production constant. Thus, it is known in advance how many new bitcoins will be created every year in the future.