Re:Bitcoin Sinks to $41,000 Amid ‘Extreme Fear’
by maccam912 on Friday January 07, 2022 @10:03AM
(#29839876)
The difficulty of mining is adjusted based on how many people are mining. I think it could have trouble if there was a very quick loss of mining power, but if it was a slower process and some miners gave up because it wasn't profitable it would start going back down in difficulty until someone somewhere could get some profit out of it.
[ Parent
| on HN ]
There are no comments on this comment yet.