News for hackers. Stuff that matters.
Re:Avg. Transaction Fee of Bitcoin Surpassed the Peak from 2017 by X6S1x6Okd1st on Thursday April 22, 2021 @07:31PM (#26909392)
The difficulty adjustment only goes up by a certain amount, and you'd only expect mining and difficulty to normalize when it's a margin driven business. If there is some limiting factor (e.g. not enough hardware, not enough power etc) or if price is increasing faster than bitcoin mines can come online then the difficulty adjustment can't keep up.

Other coins have solved this, in fact bitcoin cash had to solve it as soon as the fork happened because it would have taken too long to hit an adjustment period.

There are no comments on this comment yet.