Michael Terpin

So my subhead of the book is how the crypto calendar can make you rich.

And it is based on the calendar so far.

It is a four-year cycle.

It's actually 210,000 blocks.

So it hasn't been exactly four years.

The first one was 47 months.

The second one was the shortest one because there was disruption in mining because China really cracked down on miners.

And so you ended up going, instead of having it be in November...

which would have been an exact four year cycle.

It was in July.

And so, because the difficulty, and I have a whole chapter on mining that explains all this, it adjusts to make it about a 10 minute block.

And so it'll, you make it longer or shorter based on, you know, sort of the number of people mining and the, the,

It wants to go and have it so that if there's a lot of people transacting and a lot of people mining, that there's not a powerful computer that can take over the network.

Got it.

And so it has to be more and more difficult.

And the difficulty is...

the easiest way to explain it, it's called a nonce, a number used only once, but it's effectively, when it was difficulty one, it asked the question of the math processor along the lines of what's the square root of nine?

Anybody can answer that, right?

So it's three.

Now it's something along the lines of what's the square root of 7,427,000, right?