zawy
zawy
Aug 24, 2017 · 1 min read

Miners don’t “decide” to take 13 hours to find a block unless there is a lot of heavy collusion by either >90% suddenly not mining, or if there are enough of the colluders network-near the miner who finds the block to create a fake a network time that is at least 10 hrs + (2 hrs ahead allowed) +(1 hr expected mine time) = 13 hours ahead of actual time.

It appears miners were taking > 1 hr to find a block even without the 13 hr oddity (which had maybe a 10% chance of occurring on accident) which means the difficulty was 6 times what it should have been, but it dropped only 4x instead of 6x, so I do not know what all the hub-bub is about.

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    zawy

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    zawy

    Electrical Engineer interested in evolution, thinking machines, economics, and their equivalency.