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Why Mining Difficulty Levels Are Rising Each Year So Much?
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[QUOTE="Sotherefore, post: 262422, member: 27033"] We cannot know the actual reason why the mining process is becoming difficult everyday but I believe one of the reason why this is happening is because that is how it was designed to be. When bitcoins was created by satoshi nakamoto , it was actually design that as the mining process continue , the mining procedures should become more difficult , Maybe this was to prevent quick mining of bitcoins.. And now , what I have come to understand is that bitcoins have been mined by almost 80% and the remaining 20% would likely take up to 100 years for it to be completely mine. I don't know but I believe every day the mining process becomes more difficult and even more difficult , making it almost impossible for bitcoins to be mined at a greater rate. The main reason for this was to prevent over circulation of bitcoins from mining process . [/QUOTE]
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Why Mining Difficulty Levels Are Rising Each Year So Much?
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