this guy needs to be a guest on more podcasts!!! his stories are great and I really like how he explains things. nostr:npub1zwyrus8vrvv5pfj4lfmk44wnxajk56rk0959nqugzj9ewljk258sxpqlfd

on difficulty adjustment:

A few years ago, I shared my bitcoin mining story with a friend in 2021 when he asked me where Bitcoins come from. I calculated that when I was quitting mining in 2013-14 with one graphics card, I could mine 0.0015BTC, 150k satoshis per day. If I brought that hashrate, that graphics card, into the present day 2021 when I was telling this story, this same card in 2021 you would have to run that card for three days to mine 1 satoshi.

And that the numbers back in 2021. At that time we hadn't even broken 200 exahash yet and now, in 2023, we are over 500 exahash. so now, multiple by three and with that card now, I'm mining 1 satoshi every ten days.

It's a Chinese language podcast so pardon my transcribing mistakes. He speaks English fluently though. I'd love to hear him on an English speaking show.

https://open.spotify.com/episode/5y6q4wvGuXa6fbVeUysXYK?si=S0556oDUStWFiDMrJ6ri0Q