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A comment on Cambridge Bitcoin Electricity Consumption Index. Parent comment

Re:Cambridge Bitcoin Electricity Consumption Index by noch on Wednesday February 10, 2021 @01:32PM (#26092996)
> No it just always always goes up regardless of transaction volume as the block-difficulty increases infinitely.

[sigh] The difficulty adjustment is so a block is issued on average every 10 minutes. It therefore does not increase infinitely but both increases and decreases depending on the amount of hashpower in the network.

https://en.bitcoin.it/wiki/Difficulty

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Re:Cambridge Bitcoin Electricity Consumption Index by ForHackernews on Wednesday February 10, 2021 @01:45PM (#26093131)
Has it ever decreased?

> What is the maximum difficulty?

> There is no minimum target. The maximum difficulty is roughly: maximum_target / 1 (since 0 would result in infinity), which is a ridiculously huge number (about 2^224).

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Re:Cambridge Bitcoin Electricity Consumption Index by noch on Wednesday February 10, 2021 @02:19PM (#26093469)
> Has it ever decreased?

Obviously.

https://www.coindesk.com/bitcoin-mining-difficulty-large-dro...

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