2,430 karma · joined November 23, 2008
Hahahahaha
Good trolling, you'll get lots of bites.
Difficulty adjusts automatically to match the total mining hashrate - there's always about 10 new blocks mined per hour. So if more people are mining the difficulty goes up.
What is changing is the number of BTC you get for mining a block. Currently each block is worth 50 BTC. Soon that will drop to 25 BTC. If many people find mining to be uneconomical they will stop their mining rigs and the difficulty will drop.
What will change is the influx of new bitcoin into the market, instead of 500BTC per hour we'll get 250BTC per hour (on average). Will that make the price go up? Maybe.
Where do you work?