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Bitcoin => Bitcoin Discussion => Topic started by: HackS on August 31, 2019, 10:22:53 PM



Title: was wondering about BTC split between diggers
Post by: HackS on August 31, 2019, 10:22:53 PM
I was wondering, what will happen if there is too much diggers in one block and loot can't be splitted? Would that be end of BTC?


Title: Re: was wondering about BTC split between diggers
Post by: xhomerx10 on September 01, 2019, 12:27:33 AM
I was wondering, what will happen if there is too much diggers in one block and loot can't be splitted? Would that be end of BTC?

 There can never be too many diggers!  Long live BTC.


Title: Re: was wondering about BTC split between diggers
Post by: HackS on September 01, 2019, 01:21:19 AM
Server or machine realised that it is impossible to split or do that kind of calculation..


Title: Re: was wondering about BTC split between diggers
Post by: Ryan Dugan on September 01, 2019, 02:23:36 AM
Are you trying to ask how would 1 satoshi be split?? It won't and doesn't need to be. It will have it's own usd value. Remember fiat has only 2 decimals and bitcoin has 8. We never have an issue trying to sahre 1 cent. It is because it is so meaningless it doesn't matter. I don't even bother taking cents as change in the shops xP

I doubt there will ever be as many users or value for 1 satoshi to ever need to be split.


Title: Re: was wondering about BTC split between diggers
Post by: pooya87 on September 01, 2019, 03:21:45 AM
it is not called "diggers", it is "miners" and it is not "the loot", it is called "block reward". and it is not split between anyone it is claimed by the one who finds the block but if that "one" happens to be a pool then that pool splits what it received among all those who shared the work based on their share.
the more "workers" the smaller their share but the thing is the number of "workers" only increases when price goes up which means the smaller share they would receive is going to be worth more then. so they are content.


Title: Re: was wondering about BTC split between diggers
Post by: HackS on September 01, 2019, 06:56:37 AM
Are you trying to ask how would 1 satoshi be split?? It won't and doesn't need to be. It will have it's own usd value. Remember fiat has only 2 decimals and bitcoin has 8. We never have an issue trying to sahre 1 cent. It is because it is so meaningless it doesn't matter. I don't even bother taking cents as change in the shops xP

I doubt there will ever be as many users or value for 1 satoshi to ever need to be split.
That was kinda my question, not sure if other member got offended by my terminology
.. Anyway this is of topic- satoshi or "mining" kinda reminds me of how much people lose every year by not doing math or should I say how much bank earns with simple program.(don't know why tho , but this always reminded me of a bank flaw or blank cash space between lot of transactions)