LogFAQs > #952770565

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Topic	NFTs are a scam right?
foolm0r0n 04/12/21 10:40:50 PM #34:	red13n posted... Every time 1+1 is done in bitcoin, it is more complex than the last time it was calculated, requiring more processing power. That's not at all how it works. Mining (calculation) difficulty adjusts up and down based on the # of people trying to mine. The # of miners usually goes up, sometimes down, but overall up so far. And yeah, it's totally artificial. --- _foolmo_ he says listen to my story this maybe are last chance <cite>foolm0r0n posted [p:952770565] in NFTs are a... [t:79401827]...</cite> <quote>red13n posted... </cite> <quote>Every time 1+1 is done in bitcoin, it is more complex than the last time it was calculated, requiring more processing power.</quote>That's not at all how it works. Mining (calculation) difficulty adjusts up and down based on the # of people trying to mine. The # of miners usually goes up, sometimes down, but overall up so far. And yeah, it's totally artificial. --- _foolmo_ he says listen to my story this maybe are last chance</quote> ... Copied to Clipboard!
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