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Edited ch12_mining.adoc with Atlas code editor

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clenser 2023-10-17 21:44:42 +00:00
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@ -895,7 +895,7 @@ terahash per second or 1 TH/sec) would only find a solution once every
[[target]] [[target]]
==== Retargeting to Adjust Difficulty ==== Retargeting to Adjust Difficulty
As we saw, the target determines the difficulty and As we saw, ((("bitcoins", "mining", "adjusting difficulty", id="bitcoin-mining-difficulty")))((("mining", "adjusting difficulty", id="mining-difficulty")))((("targets", "adjusting difficulty", id="target-difficulty")))((("Proof-of-Work algorithm", "adjusting difficulty", id="proof-difficulty")))((("difficulty", "adjusting", id="difficulty-adjust")))the target determines the difficulty and
therefore affects how long it takes to find a solution to the therefore affects how long it takes to find a solution to the
Proof-of-Work algorithm. This leads to the obvious questions: Why is the Proof-of-Work algorithm. This leads to the obvious questions: Why is the
difficulty adjustable, who adjusts it, and how? difficulty adjustable, who adjusts it, and how?
@ -998,7 +998,7 @@ possible with the current generation of silicon fabrication, converting
electricity into hashing computation at the highest rate possible. The electricity into hashing computation at the highest rate possible. The
primary influence on the mining market is the price of one kilowatt-hour primary influence on the mining market is the price of one kilowatt-hour
of electricity in bitcoin, because that determines the profitability of of electricity in bitcoin, because that determines the profitability of
mining and therefore the incentives to enter or exit the ((("candidate blocks", "mining", startref="candidate-mine")))((("blocks", "candidate blocks", "mining", startref="block-candidate-mine")))((("mining", "candidate blocks", startref="mining-candidate")))((("bitcoins", "mining", "candidate blocks", startref="bitcoin-mining-candidate")))mining mining and therefore the incentives to enter or exit the ((("candidate blocks", "mining", startref="candidate-mine")))((("blocks", "candidate blocks", "mining", startref="block-candidate-mine")))((("mining", "candidate blocks", startref="mining-candidate")))((("bitcoins", "mining", "candidate blocks", startref="bitcoin-mining-candidate")))((("bitcoins", "mining", "adjusting difficulty", startref="bitcoin-mining-difficulty")))((("mining", "adjusting difficulty", startref="mining-difficulty")))((("targets", "adjusting difficulty", startref="target-difficulty")))((("Proof-of-Work algorithm", "adjusting difficulty", startref="proof-difficulty")))((("difficulty", "adjusting", startref="difficulty-adjust")))mining
market. market.
[[mtp]] [[mtp]]