atomiccoin

If I remember correctly, every Bitcoin client has the same algorithm built in. It adjusts difficulty automatically and rejects any blocks that don't match the current difficulty.

2 seconds of latency shouldn’t hurt your generation rate much, right? I think the protocol resyncs to the next message and keeps requesting missed blocks.

I get that, but there’s no way to do smaller increments practically. The block generation frequency needs to balance speed and latency. 6 blocks per hour is the target.

Today I mined 5 blocks on my Pentium. Two came in quick succession. Sure, there’s a slowdown since the last adjustment, but I'm still getting decent coinage. You guys with issues, do you have your BitCoin port open?

On Feb 4, the difficulty jumped from 1.34 times last year's to 1.82 times. This means miners are only getting 55% of the coins they used to. Crazy, right?

So, we had our first auto-adjustment of proof-of-work difficulty on Dec 30, 2009. Minimum difficulty is 32 zero bits, so it ain't getting easier than that even if a single node is running. Last year, we were mostly…

Yup, even the cost of electricity is rising. If the price of Bitcoin dips, you’re rekt.

Sounds good!