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RE: Bitcoin Mining Difficulty is a Myth!!!

in #bitcoin7 years ago

Well, 8 months after this steem, History proved the article is wrong. Bitcoin dropped massively after Dec 2017 and Difficulty kept on increasing. In the past 4 months, Bitcoin dropped from 19k to 7k but the mining difficulty increased 160%. It also proved, in crypto currencies, comparing past performance to assume things will produce incorrect results.