AníbalSantaella on Nostr: Did you know? Even if all the world's energy, resources, and computing power were ...
Did you know?
Even if all the world's energy, resources, and computing power were directed towards mining #Bitcoin, the creation of new coins would not speed up. Thanks to the difficulty adjustment algorithm, block times are maintained at an average of 10 minutes.
This algorithm ensures the preservation of the coin issuance schedule and transaction confirmation, making what the protocol can offer predictable; for example, we can estimate that the total number of bitcoin coins of 21 million will be reached in the year 2140.
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Published at
2024-04-03 11:25:09Event JSON
{
"id": "01b2e373cf2009636c020a84c9b20326e9067d3ad3cdf045d3357fe705960a98",
"pubkey": "439c9422d515d27f9b2f6e4cd106251775ce1a5cbc31908b44824e9babb4250f",
"created_at": 1712136309,
"kind": 1,
"tags": [],
"content": "Did you know? \nEven if all the world's energy, resources, and computing power were directed towards mining #Bitcoin, the creation of new coins would not speed up. Thanks to the difficulty adjustment algorithm, block times are maintained at an average of 10 minutes.\n\nThis algorithm ensures the preservation of the coin issuance schedule and transaction confirmation, making what the protocol can offer predictable; for example, we can estimate that the total number of bitcoin coins of 21 million will be reached in the year 2140.\n\n🧡\nhttps://m.primal.net/HqrN.png",
"sig": "4ff510f0796aa19eaf1985a2e642d514b45a784e1864fba6dad318a01d988c2a1add87096e6613c5480eb91e8e2d2c7b6af9efc51b4658b7395964b089d70108"
}
