0 sats \ 4 replies \ @kilianbuhn 10 Mar \ parent \ on: What would Bitcoin "Failing" Look Like? bitcoin
Nonsense. That can't happen. The lowest difficulty is easily calculateable on a normal computer. Even on a really shitty really old computer.
They mean that too much hashrate goes offline at an unfortunate time. Difficulty adjustments only happen every 2016 blocks so if you're the last surviving miner after a mass exodus early in the new difficulty period, good luck mining all remaining blocks yourself. Also, there is a limit how much difficulty can adjust in a single period iirc.
reply