Does the rise in hashing difficulty in Bitcoin mean that BTC transactions will get infinitely more expensive?

in #hashing8 years ago

Does the rise in hashing difficulty in Bitcoin mean that BTC transactions will get infinitely more expensive?
If so, and since Moore's law is unsustainable and will soon end, I predict that unless BTC will have a hard fork to change the way its hashing difficulty is, or miners will leave, killing its blockchain by doing so.

Sort:  


ezgif.com-resize.gif
The @OriginalWorks bot has determined this post by @fersher to be original material and upvoted it!

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

For more information, Click Here!

To nominate this post for the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

This comment has received a 6.67 % upvote from @nettybot thanks to: @fersher.

Send 0.100 SBD to @nettybot with a post link in the memo field to bid on the next vote.

Steem WitnessOh, and be sure to vote for my owner, @netuoso, as

Have a great day!

Congratulations @fersher! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!