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2026-08-23 01:33:31 CEST

JBonchain on Nostr: Most people assume Bitcoin's difficulty only goes up. In February a winter storm ...

Most people assume Bitcoin's difficulty only goes up.

In February a winter storm knocked miners offline and it dropped 11%. In June a price crash did it again.

Turns out Bitcoin has a thermostat, and it's set to 10 minutes. Wrote up how it works.

https://primal.net/Lokey_Kobe/bitcoin-has-a-thermostat