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1 sat \ 0 replies \ @n3bul4 OP 17 Nov 2022 \ parent \ on: Please help me understanding the maths behind Bitcoin, what am I missing? bitcoin
I see, this makes perfect sense. Thank you so much for the explanation.
Thank you for the explanation.
Why if the price falls, less energy is used to secure the network?
Don't miners still need increasing power in relation to the increasing mining difficulty regardless of the number of miners in the network?
There are fees to be paid, but for instance to convert BAT to BTC
- Initial 24.334067 BAT
- Fee 0.048668 BAT
I think it s acceptable,
GENESIS