Re:Used GPUs flood the market as Ethereum's price drops belo...
by benchaney on Sunday July 16, 2017 @09:20PM
(#14785037)
> So does that mean the network is now demanding each ether be mined every 12 seconds
You have it backwards. A 20% increase in difficulty would mean that a block was only being mined once every 18s. The intuition is that if there are fewer blocks, then it is harder to get one.
I think this change is due to the etherium difficulty bomb:
You have it backwards. A 20% increase in difficulty would mean that a block was only being mined once every 18s. The intuition is that if there are fewer blocks, then it is harder to get one.
I think this change is due to the etherium difficulty bomb:
https://www.google.com/amp/s/themerkle.com/what-is-the-ether...