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#DTV Don't trust. Verify.
Não Confie. Verifique.

#DIY P&D desde 2022🇺🇸🇵🇹🇪🇸

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Bitcoin's #difficulty adjustment counters #Moore's Law. It ensures the electro-computational cost of hashing remains high, no matter how fast and efficient our computers become, by increasing the hashing difficulty ad infinitum.

Bitcoin ASICs chase an ever-receding horizon. No amount of ASIC efficiency will make the Bitcoin network use less energy. This high physical cost for producing Bitcoin or updating its ledger is a core feature, not a bug. We WANT it to be too physically expensive for any centralized entity to write the ledger. That is the primary #mechanism of Bitcoin's decentralization.

The 2nd-order effects of this are also highly beneficial for humanity. #Energy producers and chipmakers are financially incentivized to find better/cheaper energy sources and more efficient computers to gain a temporary comparative advantage in hashing. The end result is more abundant energy, faster and more efficient computers, and more secure ledger. #Mining

It's a win-win-win.

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