⛏️ Bitcoin mining difficulty drops 9.13%, the deepest cut since June
Bitcoin lowered mining difficulty at block 975,744, from 148.36 trillion to 134.82 trillion.
The last larger single drop was on June 14, at 10.09%. The two adjustments before this one were increases of 5.92% and 5.54%.
⭐ Difficulty falls when blocks arrive slower than the 10-minute target, which means computing power on the network has weakened. Miners who remain need less power to win a block reward.
#Bitcoin #Mining #Crypto
Bitcoin lowered mining difficulty at block 975,744, from 148.36 trillion to 134.82 trillion.
The last larger single drop was on June 14, at 10.09%. The two adjustments before this one were increases of 5.92% and 5.54%.
⭐ Difficulty falls when blocks arrive slower than the 10-minute target, which means computing power on the network has weakened. Miners who remain need less power to win a block reward.
#Bitcoin #Mining #Crypto
