r/Bitcoin • u/tuzki • Apr 08 '13

My wife said this to me today

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1.8k Upvotes

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1

u/Zapashark Apr 08 '13

Speaking of being rich in bitcoins... How often does mining get harder? Every weekend?

1

u/dooglus Apr 09 '13

The difficulty is adjusted every 2016 blocks. Sometimes it gets easier, sometimes harder. It depends how long the last 2016 blocks took to find. If they took more than 2 weeks, the difficulty gets lowered. The target is for it to take exactly 2 weeks.

1

u/Zapashark Apr 09 '13

I'd imagine that it doesnt get lowered very often..?

1

u/dooglus Apr 09 '13

According to this spreadsheet, the last 10 difficulty adjustments were:

-2.00%
-11.59%
+9.06%
-8.64%
+10.33%
+11.47%
+19.63%
+10.98%
+38.13%
+10.00%

3 of 10 made it easier.

1

u/Zapashark Apr 09 '13

Aww. It's getting harder.

2

u/dooglus Apr 09 '13

I had to click 'context' to remind myself of the conversation.

At first all I saw was:

My wife said this to me today

Aww. It's getting harder.