Binance Square

miningbitcoin

3,247 views
7 Discussing
Altcoin Trading
·
--
The Bitcoin mining difficulty dropped by 11%As a result of another recalculation, the mining difficulty decreased by 11.16% — to 125.86 TH. The drop in the indicator was the most significant since the large-scale repression against cryptocurrency miners in China in 2021. At that time, in early July, the parameter collapsed by almost 30%. After the difficulty adjustment, the Bitcoin hash rate surged to 1.3 EH/s, and the average interval decreased to about seven minutes. This was likely caused by the return of capacities to the network, which were mass disconnected against the backdrop of the worsening mining economy and the consequences of the winter storm in the USA.

The Bitcoin mining difficulty dropped by 11%

As a result of another recalculation, the mining difficulty decreased by 11.16% — to 125.86 TH.

The drop in the indicator was the most significant since the large-scale repression against cryptocurrency miners in China in 2021. At that time, in early July, the parameter collapsed by almost 30%.
After the difficulty adjustment, the Bitcoin hash rate surged to 1.3 EH/s, and the average interval decreased to about seven minutes. This was likely caused by the return of capacities to the network, which were mass disconnected against the backdrop of the worsening mining economy and the consequences of the winter storm in the USA.
·
--
Bullish
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number