TEACH ME BITCOIN, SON. on Nostr: Dad: Son, what exactly is "difficulty adjustment"? Son: Hi Dad, The "difficulty ...
Dad: Son, what exactly is "difficulty adjustment"?
Son: Hi Dad,
The "difficulty adjustment" is why Bitcoin will never die.
The more people are mining, the harder it gets to find a new block and vice versa. This ensures that, on average, a new block is found every 10 minutes.
Dad: Son, literally no one outside of Bitcoin knows or understands what the "difficulty adjustment" is.
Son: Weightlifters maybe do.
#Bitcoin
Published at
2024-11-25 00:28:22Event JSON
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"content": "https://www.teach-me-bitcoin-son.com/media//generated/what-difficulty-adjustment.png\n\nDad: Son, what exactly is \"difficulty adjustment\"?\nSon: Hi Dad,\nThe \"difficulty adjustment\" is why Bitcoin will never die.\nThe more people are mining, the harder it gets to find a new block and vice versa. This ensures that, on average, a new block is found every 10 minutes.\nDad: Son, literally no one outside of Bitcoin knows or understands what the \"difficulty adjustment\" is.\nSon: Weightlifters maybe do.\n\n\n#Bitcoin",
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