It’s a good thing the #bitcoin difficulty changed today. We’re about 2K blocks from the having, which will likely see a major drop off from the hash rate.
So when the hash rate drops off, there will still be enough time for the blocks to slow before the next adjustment, thus adjusting the next difficulty rate closer to the expected slower speed for the foreseeable future.
Well played, Miners.
bitvestor / Anda
npub1zd…rlgpj
2024-04-12 05:19:44
Author Public Key
npub1zdvmav7jxd9juh2x2kzskx7zwry6qau839enjjea8lju6yuzkzhsnrlgpjPublished at
2024-04-12 05:19:44Event JSON
{
"id": "b7113f491563b2bed5e23c1ffdeb3732ac5bee47400e83d8eeeb0d0d08d0380f",
"pubkey": "1359beb3d2334b2e5d4655850b1bc270c9a077878973394b3d3fe5cd1382b0af",
"created_at": 1712891984,
"kind": 1,
"tags": [],
"content": "It’s a good thing the #bitcoin difficulty changed today. We’re about 2K blocks from the having, which will likely see a major drop off from the hash rate. \n\nSo when the hash rate drops off, there will still be enough time for the blocks to slow before the next adjustment, thus adjusting the next difficulty rate closer to the expected slower speed for the foreseeable future.\n\nWell played, Miners.",
"sig": "88eff76216f8934764683b4beba70f308819497d40d1525ac20c99d28f9630a2a7af1412201c09e30ac8a408710fd9fd066af2a00c659e24ac72b8e39a9ceae4"
}