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A comment on No, Bitcoin Is Not Going to Fail. Parent comment

Re:No, Bitcoin Is Not Going to Fail by t-3 on Tuesday July 19, 2022 @02:52AM (#32148322)
If it actually takes that long, we have far bigger problems, because that means technological advance has halted or regressed. In that case, it will die suddenly whenever electricity goes up and price/coin goes down long enough that all non-criminal mining operations shut down and investors panic.
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Re:No, Bitcoin Is Not Going to Fail by ZGDUwpqEWpUZ on Tuesday July 19, 2022 @05:14AM (#32149237)
The difficulty of mining a Bitcoin block automatically adjusts based on network hashrate as measured by how fast recent blocks have been mined. It is already the case that improvements in technology have massively increased hashrates (per kW) and difficulty (you'd be rich if you went back in time 10 years with modern hardware).

Likewise, electricity prices and miners shutting off their hardware will lead to a reduction in difficulty.

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Re:No, Bitcoin Is Not Going to Fail by aluminaient on Tuesday July 19, 2022 @04:42AM (#32149014)
How could that limit be reached faster with better technology?
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