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The difficulty adjustment is kind of acting like the Central Bank of Bitcoin. It’s raising the mining difficulty if hashrate gets too hot and cutting it, if hashrate is too low.

But unlike the Fed, changing interest rates only every few months at the most, the Mining difficulty is adjusted every two weeks.

#Bitcoin #Mining

They won‘t do that. Sell all their gold. If only because they don’t have all of it anymore. 😋

Replying to Avatar Junkflex

:lummis: Senator Lummis reminds Fed Chair :powell: Powell that Congress is the boss!

https://junkflex.com/bitcoin/powelldebank.mp4

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That Look of him! 😂

Replying to Avatar Junkflex

:powell: Jerome Powell is made to promise never to create a CBDC for the U.S.

https://junkflex.com/bitcoin/powellcbdc.mp4

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Wow, ok. Very interesting.

Awesome! Everybody is celebrating your new Book. On my list too!

Oh, really? Didn‘t know that. How do we know they are spread that way? Curious now!

The Finger of blame will soon become a thumbs up!