Preslav's Thoughts and Ramblings


  • 25 July 2015

    How Bitcoin Difficulty Gets Adjusted

    Bitcoin difficulty increases exponentially over time. Source: BitcoinWisdom Technology advances exponentially, and with it, the rate of computation speed of the Bitcoin network increases. There is also the unpredictability of the size and state of the network in any future point in time. Although new miners join constantly, physical factors,...