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Lina.V (OP)
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January 10, 2014, 04:47:33 AM
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I'd like to understand the technical specifics of how bitcoin mining difficulty is calculated and adjusted. Can anyone send me a good link?

Thanks!
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Holliday
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January 10, 2014, 04:49:32 AM
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https://en.bitcoin.it/wiki/Difficulty
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Lina.V (OP)
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January 10, 2014, 04:56:23 AM
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Thank you Holiday. Allow me to clarify, I was hoping for an article of some sort.
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January 10, 2014, 05:15:09 AM
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This is a good article on it:

http://coin.furuknap.net/understanding-bitcoin-mining-difficulty/
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P2Pool decentralized mining at 1KxvX5Hx8nh36ig2gT5bpeEcqLQcwJsZGB
rocks: Changing the supply limit fundamentally destroys bitcoin, but increasing the blocksize limit is absolutely needed to make it successful.
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January 10, 2014, 05:36:17 AM
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Solex, that's exactly what I was looking for. Thanks!
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January 10, 2014, 09:45:31 AM
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Yes. A good article.
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