i should be smarter than to argue with bitcoin maximalists about the energy intensity of bitcoin, but seriously, technologists, the industry has a problem with energy usage *even at this scale*. if it 'actually' scaled to replace everything it would be catastrophic.
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The mining difficulty adjusts every 2016 blocks to reset blocks to an expected 10 minute interval. This is basically a control loop, it's exclusively based on the prior difficulty and the time the previous period's 2016 blocks took to get mined. 1/
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Blocks are limited to 4,000,000 weight units which currently translates to blocks of about 1.3 MiB, but could allow up to 2.3–2.7 MiB when more efficient transaction formats gain broader adoption. For the most part, difficulty has been increasing in the past years, because… 2/
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