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Author Topic: Questions on Bitcoin  (Read 502 times)
Athenus
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June 17, 2011, 02:57:17 PM
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A question on the bitcoin algorithm:

If i understand correctly, when too many coins are being mined, the difficulty of mining increases. But how is this difficulty enforced? What prevents a node from mining coins using an arbitrary difficulty?
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June 17, 2011, 02:59:57 PM
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Perhaps you can find your answer here: https://en.bitcoin.it/wiki/How_bitcoin_works
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