Imagine thousands of new ASIC miners joining the Bitcoin network, doubling its total computing power. You might think the new BTC would now be mined twice as fast, right?
But that's not how it works!
Bitcoin automatically adjusts its mining difficulty every 2,016 blocks — approximately every two weeks.
More miners – higher difficulty. Fewer miners – difficulty eventually decreases. The goal is to maintain an average block time of around 10 minutes.
That's why even millions of powerful ASIC miners can't keep accelerating the creation of new BTC indefinitely!
BTC
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