🚨 BITCOIN MINING JUST GOT ~7% EASIER — BIGGEST DIFFICULTY CUT SINCE JUNE
Bitcoin's difficulty is set to drop ~7% today — the biggest cut since June's -10.09%. 👀
Difficulty sits at 148.36T after October's hikes, but slow blocks forced the network to ease up. Miner revenue per hash jumps ~7% overnight — yet older S19 rigs still can't break even at 5¢ power.
BTC is holding ~$71,500 at its lowest since August. Does cheaper mining stop the miner sell-off — or is this just a breather before the next leg down? 👇
#Bitcoin #BTC #Mining
Bitcoin's difficulty is set to drop ~7% today — the biggest cut since June's -10.09%. 👀
Difficulty sits at 148.36T after October's hikes, but slow blocks forced the network to ease up. Miner revenue per hash jumps ~7% overnight — yet older S19 rigs still can't break even at 5¢ power.
BTC is holding ~$71,500 at its lowest since August. Does cheaper mining stop the miner sell-off — or is this just a breather before the next leg down? 👇
#Bitcoin #BTC #Mining