Bitcoin mining difficulty falls 9.1%, the largest cut since June
BITCOINcoinbrief/daily · 1 source
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What happened
Bitcoin's network difficulty fell 9.1% after slower block times, marking the year's third-largest downward adjustment and the largest since June. The cut raises expected revenue per unit of hashrate for miners, which had been under pressure from the recent bitcoin price decline. The article gives no figures for the hashrate or price level.
For experienced traders · Written by AI from 1 source · Wrong?
What to do
- Watch the next difficulty adjustment to see whether hashrate recovers.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
The Defiant