It’s because it gets halved in 2 days so they don’t want to lose half

At the 1st #Bitcoin halving, the time between block 209999 and 210000 was about 𝟮𝟯 𝗺𝗶𝗻𝘂𝘁𝗲𝘀.🐌

At the 2nd #halving, the time between block 419999 and 420000 was about 𝟱 𝗺𝗶𝗻𝘂𝘁𝗲𝘀.🐇

At the 3rd halving, the time between block 629999 and 630000 was only about 𝟮𝟬 𝘀𝗲𝗰𝗼𝗻𝗱𝘀!🤯

While the decreasing duration of each epoch's final block may appear to be a consequence of rising hashrate, this is not the case. These block times are 𝘦𝘯𝘵𝘪𝘳𝘦𝘭𝘺 𝘥𝘶𝘦 𝘵𝘰 𝘤𝘩𝘢𝘯𝘤𝘦.

The Difficulty Adjustment every 2016 blocks, or about every 2 weeks, keeps blocks within a 10 minute timeframe 𝗶𝗻 𝗮𝗴𝗴𝗿𝗲𝗴𝗮𝘁𝗲, not with each individual block. Some blocks within a difficulty period will be found in mere 𝘀𝗲𝗰𝗼𝗻𝗱𝘀, while others will take an hour or more. But zoomed-out, they tend to take about 10 minutes.

With the next halving only a couple days away, how long do you think block 839999 will last before block 840000 is found?

Leave your guesses in the 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀!⬇️

Hi @npub1ky9s6hjl46wxcj9gcalhuk4ag2nea9yqufdyp9q9r496fns5g44sw0alex @npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr

Reporting something weird is happening in my Primal Android client: the "latest" and "latest with replies" feed are now showing any new notes.

s

Same happens when looking to my profile notes. The error reads "Unable to load newer content at the moment. Remote Key not found"

I started #mining!! 🧡

It's an old #Bitmain S9. It's wildly inefficient.

It produces about 9T/h at 700

Watts.

I pay about 10 times more for electricity, than I get in #Bitcoin. But I figure like this; I believe the sats I mine will go up 15 times in the coming 5 years. So they are still cheap! 🤣

Main reason tho: contribute to the network.

A good friend of mine said: Hobbies cost money.

Good morning! 🥰

I want to be a #MillionSatoshinaire

#zapathon #bitcoin #zap #nostr

lnbc10m1pnpls5tpp5gy0te929mtcm9gca3264h8k8wpvm707d0yl35m6e89w80pg0vjasdqqcqzzsxqyz5vqsp500zfljy2rdy4fqrzastlhn8fqg0tk5q6agzmm77rglqcp8ks7vzs9qyyssq9exx58m6t7mxqy59txjs7z89vstdzky53kv7fpgq6euv3sf3uvex6t6chtuq4d0uunt2sse8sx8rj76rj83wu6aus7qys839mcltkesq2989at

My first shot in the dark suggestion would be to make sure you don't have a VPN on. Tor, etc. Or something similar for whatever network you're on.

#art #nostr #artstr #grownostr

Don't create heroes, so you will not have to kill them in the future..

Zapped the lnurl... give candy to the next person who knocks on your door, and tell them a stranger on the internet sponsored it through nostr ⚡

Good morning everyone! 🐸

Enjoy your day!

Stop accepting changes to the network. #Bitcoin

Zweiter Tag nach dem Urlaub

Das Chaos von gestern so gut wie möglich beseitigt. Jetzt hoffentlich geordnet in die Woche.

In diesem Sinne wünsche ich euch einen guten Morgen!

#gumo

It's kind of stupid to tell people bitcoin doesn't have inflation. The ones who are able to read and comprehend will do their own research and find out there is in fact a tiny existing but decreasing well-established inflation until ~2137. On the other hand, "fiat inflation" is a fancy word for theft. Learn the difference.