QuotableSatoshi on Nostr: As computers get faster and the total computing power applied to creating bitcoins ...
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.
Published at
2024-11-20 12:21:02Event JSON
{
"id": "10b88678d5493f2cbc25bf273764093b2dbd57e95c3fac6ea543a41fc4aed6a2",
"pubkey": "87570647ca3b7549e66cb6c4bb8d197f5bc91de73b58eb1ade78c8ddd5fec7eb",
"created_at": 1732105262,
"kind": 1,
"tags": [],
"content": "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.",
"sig": "a07be3724d215da2302baebb68aec4edc13e04e971d6b2436134cbcc664d17323ea115219cc269e432f96817df9f2cb6e92d80c915be5d0972c723fb1774f1fb"
}
